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To: dennisw
True story:

A Wisconsin company was purchased by its employees through an ESOP. The employees were (mostly) represented by a union--but the management was not, as is typical.

The represented employees wanted a raise and the Board, which included a union steward, turned it down--the whole industry was in a recession, etc., etc.

The union struck and put the Company out of business.
53 posted on 06/01/2003 6:51:49 AM PDT by ninenot (Joe McCarthy was RIGHT, but Drank Too Much)
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To: ninenot
True story:

A Wisconsin company was purchased by its employees through an ESOP. The employees were (mostly) represented by a union--but the management was not, as is typical.

The represented employees wanted a raise and the Board, which included a union steward, turned it down--the whole industry was in a recession, etc., etc.

The union struck and put the Company out of business.

ROTFL

Obvious products of a poor education. I hope these unemployed ex-employees took some of their free time to go back to school and learn a little about business and how it works.

Somehow I doubt that happened, more likely they're working for the government in some way.

54 posted on 06/01/2003 7:32:49 AM PDT by Mister Baredog ((They wanted to kill 50,000 of us on 9/11, we will never forget!))
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