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TexasTowelie

(112,204 posts)
Wed Mar 20, 2013, 06:01 PM Mar 2013

Scooter Store says workers now terminated

The Scooter Store has notified furloughed employees they are being terminated.

In an email to workers Tuesday night, CEO Martin “Marty” Landon told staff they are being “permanently laid off” effective March 31.

<<<snip>>>

Larry Young, who is acting as The Scooter Store's chief restructuring officer, said in a statement that the company has three priorities. They are: operating the business and serving customer needs; partnering with its lenders to “create a path forward;” and “creating a sustainable business model for this dynamic healthcare sector.”

<<<snip>>>

Landon said in his email that the company has reached a formal agreement with its lenders to “fund core operations while the company develops a viable business model for the healthcare sector.”

http://www.mysanantonio.com/business/article/Scooter-Store-says-workers-now-terminated-4369866.php

[font color=green]Hallelujah praise the lawd! The executives finally learned that fraud is not a viable business model.[/font]

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Scooter Store says workers now terminated (Original Post) TexasTowelie Mar 2013 OP
Actually, so far they've shown that fraud is an incredibly lucrative business model... Agnosticsherbet Mar 2013 #1
There is a difference between lucrative and viable. TexasTowelie Mar 2013 #2

Agnosticsherbet

(11,619 posts)
1. Actually, so far they've shown that fraud is an incredibly lucrative business model...
Wed Mar 20, 2013, 06:35 PM
Mar 2013

Workers who relied on the company for a job have lost their jobs.
Owners and corporate officers, so far, are getting a pass, keeping their money gained through fraud, and evolving their business model to what exactly, find a better way to defraud the country?

That is what tit looks like to me.

Should anyone be arrested or fat cat wealthy investors and corporate officers be charged with anything, I will look at this again.

Up to now, the wealthy are laughing all the way to the bank and the common workers are wondering where their next meal will come from.

TexasTowelie

(112,204 posts)
2. There is a difference between lucrative and viable.
Wed Mar 20, 2013, 06:59 PM
Mar 2013

But I agree with the sentiments that you expressed.

BTW, I think it's a typo but did you really mean "that is what tit looks like to me?" You might need to get out more often or at least visit Websites on the .xxx domain!

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