ST Alpha - "So the danger is that someone else will have to come in and liquidate assets? Is that really so terrible? " (Reading a Post)

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In response to "Honestly, it's not and it's pretty standard procedure for winding down a business." by pmb

So the danger is that someone else will have to come in and liquidate assets? Is that really so terrible?

Posted by musubi Nov 30 '12, 08:48

I'm pretty sure most of the middle managers in the corp know where stuff is. If the execs who guided the company into bankruptcy want to head for the hills, so be it.

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The middle managers will either be part of those bonuses that got paid or they'll be gone. - pmb Nov 30, 08:52 1
- The story said 19 managers. I'm not saying bring in outside consultants to liquidate. - musubi Nov 30, 08:59

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So the danger is that someone else will have to come in and liquidate assets? Is that really so terrible?

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