Z's old nemesis K-Mart (KM) is going to spend $50
million on the year 2000 computer bug. Anyone have any
idea what the brain trusts at Milwaukee, Camp Hill, or
Canada are doing about this? Or have they even heard
about it yet? Da.
In 4 short sentences, you
captured the truth of today's modern commerce and those
who partake in the lowest common denominator,
VULTUREISM! today's form of maciavellianism.
know and know they know are wise,
Those who know not and know not they know not are
Z holders and former employees of the Former
Retail Giant must accept the fact that the company they
worked for and held pride in is little more than a
carcass on the dung heap of modern commerce to be picked
over by the vultures and blue flies of the market
place. Sic transit gloria mundi!
Your name says it all. The consultants are paid
on the selling price, not what the suckers (a/k/a
stockholders) net. They do not give a damn about asbestos and
oter problems; they pick up their percentage and start
looking for more sheep to fleece. There is no
accountability or responsibility-- it is "I've got mine, Harry!"
NYC does not inspect for asbestos, so it would
not have ordered Z to remove it. (It did not duriing
the extensive renovation some years back, for
example.) The fact is the building is loaded with it. Whose
responsibility it is is a matter of negotiation, so, given F&F's
track record, you can be assured Z dropped the ball!
Talk to anyone who has worked on the old
building, and thy all agree it is full of asbestos. If Z
retained responsibility for its removal, the stockholders
will see precious little of the "sale price"; they
could even end up paying out more than $155,000,000 to
settle the deal! Sounds like the disgrace surrounding
the sale of Woolco Canada to Walmart. How much
finally trickled down to Z after that debacle
(wonderfully covered up, by the way!)
what the hell are the share holders doing sitting
on the -----!
haven't we seen enough of this
managements crap, lining there own pockets destroying our
company sending our stock down the drain while we pay
there damn salary as they pull ther bottom line from
selling off our assets don't they have a spine to vote
against this team of hatchet men. I voted against all
there policies this time also received phone call
asking how i voted before meeting and why. Told them the
same as stated here......very interesting!
now lets tell them to get lost they are doing nothing
for this company but liquidating it for themselves ..
They have had enough time and there work is
crap..............throw them out the 24th