On Fri, 30 Jul 2010 01:55:45 -0500, The Daring Dufas
It would be sad to see then go, but I'd bet Northern Tool would fill
the gap quickly. All they lack now, IMHO, is the local stores.
[that's the only way I'd buy from HF- I need to touch their stuff;
their shipping is a killer- an I usually need that [junk] tool *right
When I compare this to the way my own family handled the changing of the
guard with my late father, it makes me sick. I am roughly the same age
as the son but I would never have done any of that to my dad, though I
could. I was listed as joint tenant on all of his assets and didn't
touch any of them until he was gone. My brother and I didn't argue
about his money either.
Of course, we're not talking about hundreds of millions of dollars like
this family is. I hope the father wins back control. The son will rape
that company until it collapses on its own debt.
Like you, I'd hate to see them go away.
It all depends if you have or lack a moral compass. Some folks are well
suited to do stuff like that. If they have an opportunity like this they
do whatever is possible to enrich themselves with total disregard for
everyone else. If dad didn't have those assets Jr could have easily fit
in on Wall St or a megabank and been one of those folks the government
bailed out instead of the proper thing which would be letting them fall
on their faces (think about that when you are in the polling place later
Something like that happened at Fry's Electronics a few years ago when
the head of merchandise purchasing took over $100M in kickbacks from
some suppliers. The only effect I've seen is that Fry's no longer
carries ECS brand motherboards.
OTOH 15-20 years ago, the leaders of the Phar-Mor drugstore chain
skimmed $500M from the company and caused it to shut down. Phar-Mor
used to be by far the cheapest drugstore around here.
HomeOwnersHub.com is a website for homeowners and building and maintenance pros. It is not affiliated with any of the manufacturers or service providers discussed here.
All logos and trade names are the property of their respective owners.