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posted to rec.boats
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He was hired at that fee to restructure the company. So he earns the money. Hostess main problem was a very expensive distribution network. The drivers could not load a truck among other items of overhead. He's part of the vulture capital firm that took over. Not enough that these guys will reap large rewards for parting out a viable business (save for their stupid decisions), they need to take exorbitant fees too. Hey, it's so easy to start and run a business, why don't you do it. Oh, and get the union involved from the start, that way you will know all the union rules. And don't question a rule just cause it looks unproductive, it adds union jobs. Mikek |
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