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Re: Calumet files Chapter 7

PeterN
SubjectRe: Calumet files Chapter 7
FromPeterN
Date03/20/2014 19:52 (03/20/2014 14:52)
Message-ID<lgfd9n01bbf@news3.newsguy.com>
Client
Newsgroupsrec.photo.digital
FollowsUsenet Account

On 3/20/2014 8:21 AM, Usenet Account wrote:

Usenet Account
On 20/03/2014 4:50 AM, Eric Stevens wrote:

Eric Stevens
On Wed, 19 Mar 2014 22:32:54 -0400, Robert Coe <bob@1776.COM>wrote:

Robert Coe
On Thu, 13 Mar 2014 12:31:07 -0400, Usenet Account <nospam@invalid.invalid> wrote: : http://petapixel.com/2014/03/13/calumetphoto-us-declared-bankruptcy-gave-employees-zero-notice/

That's very sad. (I've been pretty busy and hadn't heard about it until now.) Calumet has been very good to CIPNE ("Commercial/Industrial Photographers of New England"), whereof I think I'm still a member. Come to think of it, CIPNE isn't doing too well itself, I'm afraid. Anybody who could spare a few hours a month could probably take over as President, with the heartfelt gratitude of the membership.

But anybody who blames Calumet for screwing its employees should get a grip. That's the way capitalism works, and is intended to work.

Eric Stevens
Rubbish.

Robert Coe
That too is sad, but it's the way it is.

Eric Stevens
But not the way it should be.

Usenet Account
Employees should be considered as secured creditors, and IMHO should have a level of protection.

They are to some extent. I am too lazy ot look the cut off up, butt in New York, management has limited personal liability for unpaid wages.

-- PeterN