1 posted on
07/11/2006 7:59:09 PM PDT by
blam
To: blam
Last company town? I think not.
Washington, D.C. comes to mind.
To: blam
Pacific Lumber is just now paying the price of allowing the leveraged buyout bandits like Milikan get away with corporate raiding for fun and profit.
Before he doubled the redwood annual cut to cover the junk bond payments, the company redwood forests were gaining on the company.
That's right, the historic management was such that the trees were growing faster than the harvest.
3 posted on
07/11/2006 10:22:17 PM PDT by
GladesGuru
(In a society predicated upon Liberty, it is essential to examine principles, - -)
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