I managed a division of a company that made a good profit; after I left that company they sold off that division to keep the loser division going for awhile longer, until they were forced into bankruptcy.
I don't know why companies sell a profitable division to keep a loser, except that's a way for the executives to keep drawing their high salaries a little longer before it all caves in.
Never did understand laying off the janitor when finances went south. The janitor had no influence over the company finances. The executives that caused the financial problems should have been the first ones let go. Smart we are not.
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Today's Featured Article - What Price Enthusiasm? - by Anthony West. Quite frankly, for some time now restorers like myself have become more and more concerned about the rapid increase in the prices of old farm machines here in England. There is now a growing market for "As found" machines. Which as machines get rarer, has found the birth of a new industry....one of the "procurement agent". These agents appropriate as much old machinery as possible then inflate prices at auctions. So at what price enthiusiasm? We are now seeing poor machines which 3 years ago ma
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