Pace American Auction

Lew Silverman · 12-03-2011, 03:16 PM

These "investment" companies aren't any different then the other crooks on Wall Street. They buy and sell companies with no regard for the previous owner's and current employees, just to make a profit! . Hard to believe that a company like Pace, IF it was properly managed, couldn't have made it even in these bad economic times. Privately owned companies don't have to publish a balance sheet, so we may never know. I had never heard of the Look brand before, but from the website it appears it had manufacturing and distribution hubs in the same geographic locations as Pace.

Lew

12-03-2011, 03:16 PM	#9
Lew Silverman VIP Member Join Date: Mar 2010 Location: Newport News, VA Posts: 1,435 Likes: 371 Liked 129 Times in 59 Posts	Re: Pace American Auction These "investment" companies aren't any different then the other crooks on Wall Street. They buy and sell companies with no regard for the previous owner's and current employees, just to make a profit! . Hard to believe that a company like Pace, IF it was properly managed, couldn't have made it even in these bad economic times. Privately owned companies don't have to publish a balance sheet, so we may never know. I had never heard of the Look brand before, but from the website it appears it had manufacturing and distribution hubs in the same geographic locations as Pace. Lew __________________ Lew Silverman #2070 "The Wagon Master" N/SA