gatt ) wrote:
:
: Are you saying my father isn't "smart"? Are you saying that company
: loyalty and hard work isn't smart?
:

Company loyalty died years ago, with a few rare exceptions, like Malden
Mills. The following article contrasts Malden Mills' Aaron Feuerstein
with Enron's Ken Lay:

http://sitesearch.washingtonpost.com...2001Dec19.html
A CEO Who Lives by What's Right (washingtonpost.com)

"By Mary McGrory
Thursday, December 20, 2001; Page A03

In this anxious hour of pink-slip dread, it is restoring to think of
Aaron Feuerstein, a Massachusetts manufacturer who prizes his
employees and risks profits on their behalf.

The CEO of Malden Mills, located in Lawrence, the 23rd poorest
community in the country, stepped clear of the greedy stereotype of
his kind in 1995 when, just before Christmas, his factory burned down.
Rather than taking the insurance money and retiring or moving the
plant to some Third World country, he promptly announced that he would
rebuild. He gave bonuses to the help and paid them while they waited
for the factory reopening..."


--Jerry Leslie
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