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re: Mitchell Gold + Bob Williams abruptly ceases operations

Posted on 8/28/23 at 12:40 pm to
Posted by Robin Masters
Birmingham
Member since Jul 2010
33913 posts
Posted on 8/28/23 at 12:40 pm to
But Biden said the interest rates going up was because the economy was so strong.
Posted by Sterling Archer
Member since Aug 2012
7894 posts
Posted on 8/28/23 at 12:43 pm to
Another reminder that companies in general don't give a frick about you. I'm sure they have a lot of loyal employees that would have appreciated a heads up because they have families to feed.
Posted by Dog Tree
Member since Sep 2019
469 posts
Posted on 8/28/23 at 1:06 pm to
Now let's send another billion dollars to Ukraine. They really need it.
Posted by Boudreaux35
BR
Member since Sep 2007
22281 posts
Posted on 8/28/23 at 1:06 pm to
quote:

Lots of luxury item businesses are gonna be hammered when Newsome is elected president next year.



OH! You said Newsome! Sorry.
Posted by dat yat
Chef Pass
Member since Jun 2011
4656 posts
Posted on 8/28/23 at 1:10 pm to
quote:

Sounds like a bank or investor shut them down and locked the doors.



Yep, the bank shut down the line of credit and they probably knew they couldn't make the next payroll.

quote:

Gold said his understanding is that the company is ceasing operations because the company’s bank accused the company of being in technical default and abruptly suspended credit.

LINK
Posted by Sheep
Neither here nor there
Member since Jun 2007
19691 posts
Posted on 8/28/23 at 1:13 pm to
quote:

"Because these events were unforeseen, we were unable to provide you and others before notice of this difficult decision.


JohnCandySureSure.gif
Posted by 6R12
Louisiana
Member since Feb 2005
10498 posts
Posted on 8/28/23 at 1:13 pm to
Just a sign of the times. No pun intended. The economy has many cracks and stuff is starting to be exposed
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
130235 posts
Posted on 8/28/23 at 1:14 pm to
quote:

Americans have no idea what is about to happen to them. It would almost be comical if it wasn't going to be so sad.


The only way to prevent multiple years of this is to have it start now so people can have a thought about voting for democrats next year.
Posted by driftwoodtigerfan
Keller, TX
Member since Aug 2008
43 posts
Posted on 8/28/23 at 1:19 pm to
We had chairs to be delivered today. I received a call this morning from white glove delivery that it was on hold and to reach out to our contact at the store. Then I read this thread. Paid in full and been waiting for 3 months. All I know is the chairs are in Dallas in a warehouse.
Posted by Roaad
White Privilege Broker
Member since Aug 2006
79391 posts
Posted on 8/28/23 at 1:19 pm to
Somehow this is Trump's fault. . .
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