"Interesting. That's the first time I've heard Mr. Egbert accused of being anything but a guy who was instrumental in prolonging Studebaker for a few more years; who might have turned it around had he not fallen ill; and would have stood up to and corrected the greedy, arrogant attitude of union management had he survived. Everything I've found in my desire to study and learn the history of the Studebaker Corp. unanimously backs this up, starting with the fact that Studebaker employees did in fact have contracts that were unsustainable if the automotive division was to survive. The Union sealed the fate of the company with a strike that killed production at the most critical time, and screwed themselves out of their own members' livelihoods. That has the ring of truth, because we see unions doing that all across the country today; and either the company moves out of the country, or simply closes down. And, the unions prefer to actually kill the company over being rational."
As opposed to CEO's and COO's who are brought in and drive a company to the ground then walk away with a substantial golden parachute but not before selling off all their stock before corporate earnings reports come out.
Then there is the wonderful business model where a good,well run small business is bought up by a mega conglomeration that when purchasing promises to keep the company where it is located and promote the company more aggressively.Too often within 5 years that small(and sometimes large)company has had all the profit squeezed out of it and then either sold or closed tossing out all the workers on the street.Watch the financial pages of your local papers or business journals as it's almost predictable.
"Well, if you guys will excuse me, I have to go enjoy the Labor Day holiday. (I've searched the calendar in vain for an Entrepreneurs Day, Risk-Takers Day, or Those-Who-Arrive-First-and-Go-Home-Last-and-Take-Their-Problems-Home-With-Them Day, but can't find one. "
Responding during a break as I am working today as I will be tomorrow and Monday. Risk taking entrprenuers know that every day working for themselves IS a holiday.
I will however take a few hours and enjoy the coverage of the U.S.Nationals drag race.
As opposed to CEO's and COO's who are brought in and drive a company to the ground then walk away with a substantial golden parachute but not before selling off all their stock before corporate earnings reports come out.
Then there is the wonderful business model where a good,well run small business is bought up by a mega conglomeration that when purchasing promises to keep the company where it is located and promote the company more aggressively.Too often within 5 years that small(and sometimes large)company has had all the profit squeezed out of it and then either sold or closed tossing out all the workers on the street.Watch the financial pages of your local papers or business journals as it's almost predictable.
"Well, if you guys will excuse me, I have to go enjoy the Labor Day holiday. (I've searched the calendar in vain for an Entrepreneurs Day, Risk-Takers Day, or Those-Who-Arrive-First-and-Go-Home-Last-and-Take-Their-Problems-Home-With-Them Day, but can't find one. "
Responding during a break as I am working today as I will be tomorrow and Monday. Risk taking entrprenuers know that every day working for themselves IS a holiday.

I will however take a few hours and enjoy the coverage of the U.S.Nationals drag race.
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