Originally Posted by Chuck Baier
That is all fine and good but any company heading to bankruptcy knows well in advance it is in trouble and continuing to take orders you know you won't fill and taking payment for them is not in my opinion a responsible act of a company that has customer service
and commitment high on their priorities.
Chuck and all,
Companies don't always see bankruptcy as the end, despite serious financial difficulties. The only way bankruptcy is a sure end is if you do
stop taking orders. From my experiences with them, I highly doubt the people at Jack Rabbit were sitting behind a desk going "Oh...we're going into bankruptcy. Lets sell as much stuff as we can and pocket the money! - it'll get taken care of by some government
Further, does anyone have evidence that this is what happened to Jack Rabbit? As far as I can tell, everyone is speculating based on something posted on some other forum full of other people who were speculating.
Someone always gets screwed in bankruptcy. The people who wind
up there seem, anymore, to be the nicer bunch of the crowd; with major, globalized companies taking over most forms of retail, all the little people who just want a quaint business to themselves are winding up in situations they have no experience with. Everyone is so used to dealing with big companies that we're forgetting most business can't afford to pay big financial consultants and investment brokers to take care of their long term goals. So they wind
up screwed, as do a few of the customers they were trying to work
with up till the end.
Do you really think Peter spoke with someone the day before and made it seem like everything was going to be fine the next day if he knew
Don't be vultures. At least try to believe people care and are good until you have proof they're not. We're all screwed if we don't try for that.