advertisement

The world-famous Internet site of the Nationally Syndicated Neal Boortz Show!

Search Boortz.com
Enter search terms:
Browse Boortz.com

Report Abuse

You have chosen to report the following comment as abusive, offensive, or inappropriate.

I'll have to say I'm on the fence about this, my knee-jerk reaction was "poor little guy" but after reading some of the listener comments I think the guy may brought this on himself. In the end it will depend on several factors what side I'll take<br> <br> 1. The terms of the contract he signed. If the contract allows the company to do this then its Theta Sierra for the guy, you signed the contract, you have to abide by it.<br> <br> 2. Who owns the assets? If the building, cars, tools etc. belong to him then he needs to sell them off quickly before he loses the dealership. I they are owned by Chrysler then there's nothing he can do.<br> <br> 3. What success has his dealership had? If he was doing his job well and selling cars despite the poor economy then yes, he might be getting the you-know-what, if not then this situation is an unfortunate consequence of his business decisions.<br> <br> 4. What brought this about. Is this similar to President Obama demanding the CEO of the company resign? If so then our friend is feeling the power of CHANGE(TM Barak Obama and the Democrat Party) If this would have come about due to bankruptcy under normal circumstances then it stinks but it's ultimatly legal<br> <br> Bottom line, I feel for this guy I really do, he seems to have worked hard and seems to have loved his job and now this dream is comming to an end. It's not over yet though he still has hope. Worst case scenario he declares bankruptcy, he can use the down time to try and re plan his business strategy and reopen a new business when his credit is restored whenever one door closes another one opens, lets just hope that Barak Obama hasn't put brick walls at all of those openings...
By Graham

Security Image

* Please enter the code shown above
send to a friend  view as printer-friendly  RSS feeds
advertisement
advertisement