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tomstansfield

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Reply with quote  #1 
Libbey filed for Chapter 11

https://www.businessinsider.com/libbey-glassmaker-restaurants-bars-bankruptcy-2020-6
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tread

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Reply with quote  #2 
$400 million debt
$800 million sales

Geez, what happened to the sound business practice of reserve funds?

Borrow to death, hope for the best.
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Investigator

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Reply with quote  #3 
Quote:
Originally Posted by tread
$400 million debt
$800 million sales

Geez, what happened to the sound business practice of reserve funds?

Borrow to death, hope for the best.


It's all in how you look at it--"Is the glass half empty or is the glass half full"?
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Salamiking

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Reply with quote  #4 
I live in Toledo where they’re based. Their execs took a combined $3.1M bonus last week.
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broadliner

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Reply with quote  #5 
Why am I not surprised? F**KING A**HOLES!

Quote:
Originally Posted by Salamiking
I live in Toledo where they’re based. Their execs took a combined $3.1M bonus last week.
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