ghostrider64
Well-known member
- Joined
- Jan 29, 2005
- Posts
- 462
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ghostrider64 said:Stay away!!! Looks like buyers remorse on the part of RTS...
Go figure!!!!
be-400xpdriver said:He backed out on the NJI part of the TA.
h25b said:I'm guessing it was something along the lines of, "don't sweat it, we strung those guys (read: IBT) along for years and it'll be a LONG time (read: forever) before you'll start paying union dues. So just do business as usual and we'll figure out a way to weasel out of the NJI provisions of this TA well before any of you start wearing those goofy union pins... We're just hoping they don't come to their senses and reject this TA because we really feel like we got away with murder... The only downside is Mr. Buffett is pi$$ed that we didn't break the IBT, but we never thought they'd actually accept this B.S."
That had to be about the gist of it, probably lasted about 5 minutes before they all hit the lunch buffet. He probably gave the NJI guys a raise just for spite.
be-400xpdriver said:He backed out on the NJI part of the TA.
On Your Six said:Very odd that he would pass-up an opportunity to reduce redundant costs (e.g., overhead). Look forward to hear more about the rationale for this... Not a good situation...
h25b said:Money well spent, at least in Warren Buffett's mind...