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Re: Calumet files Chapter 7

Usenet Account
SubjectRe: Calumet files Chapter 7
FromUsenet Account
Date2014-03-20 13:21 (2014-03-20 08:21)
Message-ID<lgemg2$n01$1@nanae.eternal-september.org>
Client
Newsgroupsrec.photo.digital
FollowsEric Stevens
FollowupsScott Schuckert (2h & 2m)
PeterN (6h & 31m)
Eric Stevens (7h & 46m)

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.

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

In an era where we see bank and wall street executives with gold and or palladium parachutes, while the working class gets nothing? There has to be some fairness. Don't give me that it's capitalism.. so sad too bad nonsense.

--

Scott Schuckert (2h & 2m)
PeterN (6h & 31m)
Eric Stevens (7h & 46m)