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Cherokee Co., Iowa | I thought at the time of my first post that I should have started this in the Boiler room but Morry's name was mentioned in a previous post here. Morry takes over bankrupt or closed factories that the so called experts with an MBA have been running in the ground and tries to turn them around. No, he does operate at the same failed practice that the former owners did but if he can furnish a product that people want, develop a strong company and make a profit, more power to him. As he told me 14 years ago, the most challenging task for a CEO is meeting payroll. That is money that has to be in the checking account every week, whether a profit has been made or not. If you cannot meet payroll, you close the doors.
Stanley
Edited by Stanley 9/26/2010 16:23
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