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Sprint Corporation Message Board

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  • Manuel_Dexterity Manuel_Dexterity Jul 26, 1999 11:40 AM Flag

    Arts'U of F speech in ChainStoreAge

    GE owned the Ward's portfolio since the 1988 LBO,
    not as part of the chapter 11. Why would GE do such a
    dumb thing if they are so smart, flooding the
    portfolio with bad credit??

    Point I am trying to
    make is that there never was a real turnaround in S,
    no real strategy developed outside of the same
    business model. I know people that have worked at S and
    Ward's and the thing they note at S is that it is still
    a good ole' boys club when it comes to operational

    Martinez can talk all he likes but if the
    executives under him will not look out for anything but
    their own self interest this company will continue on
    its stagnant course to being a second tier retailer,
    like Wards.

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