The inevitable Colt Chapter 11 has come to pass

by mcassill, Monday, June 15, 2015, 05:22 (3389 days ago)

It's like watching an childhood friend with a drug problem

by MR, Monday, June 15, 2015, 08:15 (3389 days ago) @ mcassill

You know their circling the drain for many years, and you're powerless to stop it.
Life and business are both hard, but add a penchant for self destruction and the outcome is not a matter of if, but when.

It's like watching an childhood friend with a drug problem

by Otony, Monday, June 15, 2015, 09:54 (3389 days ago) @ MR

That was a great comparison!

[image]

The inevitable Colt Chapter 11 has come to pass

by Cherokee @, Medina, Ohio, Monday, June 15, 2015, 10:55 (3389 days ago) @ mcassill

another bunch of lenders taking a loss because of poor management - but the lenders should have known better...hate to see an old name like Colt go through this mess even if they did do it to themselves.

If they would hire reall gun culture people instead of Golf

by Rob Leahy ⌂ @, Prescott, Arizona, Monday, June 15, 2015, 12:23 (3389 days ago) @ Cherokee

culture people they could do much better.

--
Of the Troops & For the Troops

" instead of Golf people.." The rot started when Industry..

by John Meeker @, Monday, June 15, 2015, 13:37 (3389 days ago) @ Rob Leahy

...fell into the hands of "MBA as a "career" leaders who were educated with a left/liberal social outlook, but also possessed by absolute ruthless piracy as their soul. Not everyone; not everywhere. But I noticed the beginning of the shift 30+ years ago in SoCal. The jargon has changed words, but not the intent: own and rule as part of the ruling class at all costs. "All costs"...including the destruction of those who oppose you socially or politically. Your choice of entertainment, or career, somehow becomes 'somebody's business. JMO.

" instead of Golf people.." The rot started when Industry..

by bob, Tuesday, June 16, 2015, 08:43 (3388 days ago) @ John Meeker

Too bad there's no "LIKE" icon/prompt here, I like that post Mr. Meeker.
bob

Why, Thank You, sir.

by John Meeker @, Tuesday, June 16, 2015, 13:27 (3388 days ago) @ bob

x

If they would hire reall gun culture people instead of Golf

by Jared, Tuesday, June 16, 2015, 17:49 (3388 days ago) @ Rob Leahy

I recall having this conversation last week at least once.

yea at least once

by Fowler, Thursday, June 18, 2015, 22:04 (3386 days ago) @ Jared

But hey the management all got stinking running Colt into the ground.

yea at least once

by Jared, Friday, June 19, 2015, 10:32 (3385 days ago) @ Fowler

That seems to be a common theme among a lot of large businesses lately.

Must be to pay the attorney's fees

by Drago, Tuesday, June 16, 2015, 15:42 (3388 days ago) @ mcassill

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