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Bollinger's sell shipyard

Posted on 12/23/14 at 3:36 pm
Posted by Revelator
Member since Nov 2008
58041 posts
Posted on 12/23/14 at 3:36 pm
The Bollinger family decides to sell shipyard right after Mary Landrieu loses office. Coincidence?


LINK
This post was edited on 12/23/14 at 3:36 pm
Posted by ihometiger
Member since Dec 2013
12475 posts
Posted on 12/23/14 at 3:38 pm to
quote:

The Bollinger family decides to sell shipyard right after Mary Landrieu loses office. Coincidence?


LINK


Absolutely no coincidence whatsoever. Hopefully they rename the shipyard too to rid itself of the horrible reputation it justly received from those ships they built for the Coast Guard that made Sunfish sailboats look seaworthy.
Posted by Lakeboy7
New Orleans
Member since Jul 2011
23965 posts
Posted on 12/23/14 at 3:40 pm to
Not related at all, that deal has been in the pipe for a long time.
This post was edited on 12/23/14 at 3:42 pm
Posted by notiger1997
Metairie
Member since May 2009
58146 posts
Posted on 12/23/14 at 3:43 pm to


Boyse Bollinger got most of his favors from being bestes buddies with George Bush and other republican big wigs. He was no stranger to flying in airforce one and was a regular at the Crawford, TX Christmas party.

The Mary support was just to hedge his bets a little. His future contracts did not depend on her.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 12/23/14 at 4:09 pm to
quote:

has been in the pipe for a long time.


how long is a long time?

because to be fair, so has Mary's defeat to some people
Posted by fleaux
section 0
Member since Aug 2012
8741 posts
Posted on 12/23/14 at 4:21 pm to
I don't necessarily like the guy but didn't he sell it to a family member who has been an executive at the company for years??? What's the big deal?
Posted by Lakeboy7
New Orleans
Member since Jul 2011
23965 posts
Posted on 12/23/14 at 4:27 pm to
quote:

so has Mary's defeat to some people


There is a whole wide world out there where some people think about making money and not political ideology all day, I know, its frightening.

The first I heard of this asset sale was two years go and I'm not a corporate type. Its been rumored for awhile.
Posted by Revelator
Member since Nov 2008
58041 posts
Posted on 12/23/14 at 4:42 pm to
quote:

I don't necessarily like the guy but didn't he sell it to a family member who has been an executive at the company for years??? What's the big deal?



Someone didn't read the linky
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 12/23/14 at 4:43 pm to
begging the question fallacy.

if I owned a business that relied on crony capitalism and shite like that, I'd damn well know which way the political winds were blowing.

but that is the debate.
This post was edited on 12/23/14 at 4:44 pm
Posted by roguetiger15
Member since Jan 2013
16172 posts
Posted on 12/23/14 at 4:48 pm to
do you guys really think it takes 3 weeks to come to a buyout agreement of this large a size? it takes a year and a half at the least.
This post was edited on 12/23/14 at 4:49 pm
Posted by Sentrius
Fort Rozz
Member since Jun 2011
64757 posts
Posted on 12/23/14 at 4:49 pm to
quote:

The Mary support was just to hedge his bets a little.


Hopefully Cassidy charges him quadruple what Mary asked for to at least send a message that cynical support of the anti business democrats is not a good idea at all.
Posted by Lakeboy7
New Orleans
Member since Jul 2011
23965 posts
Posted on 12/23/14 at 5:00 pm to
quote:

I owned a business that relied on crony capitalism and shite like that, I'd damn well know which way the political winds were blowing.


And you are correct, to a degree. This will wrankle some of you but uber contractors (like Bollinger) are above the political winds. I'm sure he and Cassidy have an understanding but even if they don't not sure what he (Cassidy)could do with Haley Barber (HB and BB are fast friends)in DC calling the shots.
Posted by Revelator
Member since Nov 2008
58041 posts
Posted on 12/23/14 at 5:03 pm to
quote:

do you guys really think it takes 3 weeks to come to a buyout agreement of this large a size? it takes a year and a half at the least.


A plan could have been discussed long in advance with the official signing contingent on the election right? Don't you think Bollinger could have killed the deal if he wanted before finalization?
Posted by boosiebadazz
Member since Feb 2008
80272 posts
Posted on 12/23/14 at 5:13 pm to
Do you think Bollinger Shipyards is not going to make an absurd amount of money with two Republican Senators?

I think you're wildly overestimating how much Boysie Bollinger actually gives a shite about partisan politics.
Posted by Revelator
Member since Nov 2008
58041 posts
Posted on 12/23/14 at 5:16 pm to
quote:

Do you think Bollinger Shipyards is not going to make an absurd amount of money with two Republican Senators? I think you're wildly overestimating how much Boysie Bollinger actually gives a shite about partisan politics.



I'm sure the boat contracts were renewable. Don't you think who has a hand in renewing them matters?
Posted by boosiebadazz
Member since Feb 2008
80272 posts
Posted on 12/23/14 at 5:18 pm to
I'm not sure Louisiana has another shipyard big enough to handle the Coast Guard cutters.

Do you think Cassidy is going to be for shipping jobs out of state simply because Bollinger backed the incumbent?
Posted by Revelator
Member since Nov 2008
58041 posts
Posted on 12/23/14 at 5:32 pm to
quote:

I'm not sure Louisiana has another shipyard big enough to handle the Coast Guard cutters. Do you think Cassidy is going to be for shipping jobs out of state simply because Bollinger backed the incumbent?



Perhaps Bollinger felt a newbie Senator wouldn't have to stroke to procure the contracts even if he tried?
This post was edited on 12/23/14 at 5:32 pm
Posted by notiger1997
Metairie
Member since May 2009
58146 posts
Posted on 12/23/14 at 5:34 pm to
Dude, just give up. Please
You know nothing about Bollinger or the industry and you are just like a kid playing. On the Internet
Posted by Revelator
Member since Nov 2008
58041 posts
Posted on 12/23/14 at 5:37 pm to
quote:

Dude, just give up. Please You know nothing about Bollinger or the industry and you are just like a kid playing. On the Internet



Actually I was raised about 10 miles from Bollinger's and have relatives that presently work there. One of my cousins is a work foremen there.
I'm afraid it's you that doesn't know anything about what you are saying or about me for that matter.
Posted by Mac
Forked Island, USA
Member since Nov 2007
14658 posts
Posted on 12/23/14 at 5:42 pm to
Pure coinkydink
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