Harry.Krause wrote:
The real ME wrote:

Harry Krause wrote:


I sold off nearly $3,000,000 in new motors and boats, depressing
the new boat
industry in southern Connecticut for an entire season. Everything
was sold...every cotter pin, every quart of oil, 30 days after I
started.
For near full-retail, too.



Harry,
I am curious, how did you depress the market if you were selling for
full-retail?


Why are you curious? Are you planning to transport yourself back to 1974
in New Haven County and go into the retail boating business?

I'll indulge you.

I didn't sell for full-retail, as my father had. I sold for *near* full
retail, which, in those days, for the lines my dad sold, was unheard of
in the pre-season. Remember, this was in the days where a franchise
meant something, and among the "something" was a protected territory,
meaning there were no competitors selling the same brand name within a
certain area. "You want a Cruisers, Inc., 23-footer with an I/O? Fine,
the price is $15,000 or whatever, and I'll toss in some cushions."

There were three large dealerships in that part of Connecticut in those
days, my father's, which was in West Haven and Milford, another in West
Haven, and one in Branford. Two of my father's best friends were the
owners of the other large dealerships. At a memorial for my dad later
that year, the two close dealer friends told me that our "sale" had
killed off nearly 20% of their sales for the year, and had apparently
driven two of the weaker dealerships right out of business.

Of the three large dealerships, only one is still open today, operated
by the grandson of the founder. All were started just before or just
after WW II. Last I heard, only one of the original proprietors was
still alive.

The irony is that my mother and I had tried to talk my father into
selling off the dealership five years before he died. The retail
property was worth far more than any boat dealership could generate in
sales and profit, and his interest in the marina was practically a
liquid asset. After he died, the other owners of the marina bought us
out at the first partners' meeting, and we sold the store property in
West Haven six months later. The buyers of that parcel razed the boat
store and warehouse and put up a strip mall. Kind of sad.

My mom ended up doing what she and my dad talked about doing. She bought
a nice place in Palm Beach and lived there in the land of perpetual
sunshine for nearly another 20 years before she died.

Yes, I contemplated taking over the family business. But fortunately,
that thought passed in about 20 seconds.





A new lie for the list thanks:-) He just counters lies with more
lies:-) !!!!

K

Anyway Krause lie of the day is severely challenged by Gould's latest NG
spam, but Krause still takes the cake.

Here's where this liar works, the lowest of the low, a spruiker for a
union rip off, he works in the "PR" dept of a union, that about tells it all

PR Contacts

For media inquiries, please contact the individual listed below:

Harry Krause
ULLICO Inc.
(202) 682-7957



Here's some of Harry's lies for you, just to bring back old
memories:-)

But if I may?? before you read; take a look at these passages from an
article about the bent union rip off, who rip off other unionists,
(honour among .......???)

ULLICO
Union Pension-Owned Company Set to Lose $20-$30 Million
Its stock windfall from the bankrupt Global Crossing now gone,
Georgine, former head of the AFL-CIO's Bldg. &
Construction Trades Dept., blamed chief financial officer John Grelle for
the losses. Days later, Grelle resigned in protest, blasting Georgine for
not selling the company jet, which costs $3 million a year.

N.B. Now did you see that!!!!!??? Harry as you'll see below "claims"
his wife has a corporate jet!!!! He's making these stories up as the
jealous junior mail person in the PR dept!!!!

There was no indication if Grelle also called on Georgine and other union
boss directors of Ullico to return the more than $6 million they made in
inside deals of Ullico stock in 2000 and 2001. In the late 90s, Ullico was
able to buy Global Crossing stock at its initial public offering (IPO)
price. By 1999, a $7.6 million investment had mushroomed to $335 million.
After pricing its own stock at a set $25 per share, Ullico directors changed
the rules, setting a new price at the beginning of each year.

So these rip offs were raking it in at the expense of the workers in
many unions & I'll suggest that the fantasy boats that Harry claims are
HIS OWN are in fact the play things of the execs of the insurance CO, I
also suggest that's his only involvement is as the boat boy for his
union bosses!!!


Global
Crossing spiraled toward bankruptcy, and Ullico's stock took a tumble, the
Ullico directors who had bought their stock at $54 a share were given two
opportunities to sell it back, the first time for $146 a share, the second
time for $75. As Georgine and the other Ullico officials made $6.7 million
in profits, the union pension funds that own Ullico could not take advantage
of the same deal.

And clearly they have a very well practiced liar in the PR dept mail
room to help post out those bogus spin releases:-)