Hunter declares Chpt 11 BK - Page 3 - SailNet Community

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  #21  
Old 04-30-2012
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Re: Hunter declares Chpt 11 BK

Quote:
Originally Posted by WouldaShoulda View Post
What they need is a "bailout!!"
Luhrs boats ALWAYS needed a bailout!
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  #22  
Old 04-30-2012
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Re: Hunter declares Chpt 11 BK

Who is John Galt?
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  #23  
Old 04-30-2012
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Re: Hunter declares Chpt 11 BK

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Originally Posted by WouldaShoulda View Post
What they need is a "bailout!!"
If the potential consequences were millions of unemployed and entire cities effectively being shut down, like in the automakers situation, I'd agree.

Since that's not the case, I'll just chalk your comment up to knee jerk political ideology.
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Old 04-30-2012
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Re: Hunter declares Chpt 11 BK

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Originally Posted by weinie View Post
Who is John Galt?
One of the biggest heroes of extreme right wingers - think Ayn Rand.
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Old 04-30-2012
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Re: Hunter declares Chpt 11 BK

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Originally Posted by jsaronson View Post
Warranties are jeopardized by any bankruptcy filing. Hunter owners and buyers beware! If the assets are sold the warranties usually become worthless in a Chapter 11. Hunter owners should consult counsel.
Like all guarantees, they are only as good as the guarantor.
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Old 04-30-2012
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Re: Hunter declares Chpt 11 BK

“Our dealers, our dedicated employees, our products make up the Hunter brand and this action will allow us to continue.”

Sincerely hope they are right. I heard this 3 times before, C&C in '86 & '90, Hinterhoeller in '90 and they are both gone, along with so many others. Lot's of causes - change in personal priorities, virtual excitement like 'reality TV', change in spending priorities (count the cars in drive-thrus at meal time), fear of/lack of understanding of excitement, economy, continuing middle class erosion, rising material costs (oil?). BTW - glass boats don't rot like wood/rust like steel.

Hope they are right and avoid putting too many more quality craftsmen/women out of work.
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Old 04-30-2012
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Re: Hunter declares Chpt 11 BK

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Originally Posted by rockDAWG View Post
If they are good boat builders, why people don't buy their boats.

I am just sayin'
They don't buy them because they don't have reliable, well paid employment.

Back in the 80's when the corporations started the race to the bottom by cutting staff, compensation and benefits, I said it would result in them killing the golden goose because no-one would be able to afford their products.

Looks like I was right.

Of course the short sighted fools and criminals responsible for it are just fine, thank you, because they got their enormous share compensation and got out. They can afford fleets of mega yachts while the carnage they created only affects the rest of us peons.

Either that or it was Obama's fault.
Melrna, brak, HDChopper and 1 others like this.
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Old 04-30-2012
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Re: Hunter declares Chpt 11 BK

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Originally Posted by rbrasi View Post
The middle class has been disseminated? Where to?
Now don't denigrate her. The vocabulary might be a bit lacking but she has the situation accurately scoped out.
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Old 04-30-2012
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Re: Hunter declares Chpt 11 BK

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Originally Posted by JimMcGee View Post
The sailboat group is holding its own. It's the power boat groups that have pulled the company under. Fuel costs have got to be killing that side of the industry.
Every cloud DOES have a silver lining I guess!
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  #30  
Old 04-30-2012
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Re: Hunter declares Chpt 11 BK

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Originally Posted by SloopJonB View Post
Every cloud DOES have a silver lining I guess!
It's a pretty dark cloud though.

A lot of good folks lost their jobs with Luhrs.
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