United Furniture Lenders reveals the chaos surrounding the layoffs of 2,700 workers

United Furnishings Industries’ lenders claimed in court docket filings that they have been shocked by the corporate’s transfer earlier than Thanksgiving abruptly fired its 2,700 staff in the midst of the night time – Revealing for the primary time the unusual chain of occasions that led to the sudden massacre. Layoffs on November 21 – … Read more

The Monster of Wall Street’ is out Wed

At the moment in December 2008 when FBI brokers lay Bernie Madoff’s Ponzi Scheme In shackles they are going to be saved for generations – and never simply by the individuals who misplaced every little thing. The numbers had been superb. A whopping $19 billion, all gone, stolen from over 40,000 traders – The New … Read more

The biggest mistakes owners make when selling their business

Robert Daly | Getty Photographs For a lot of entrepreneurs, promoting or transferring a enterprise is like giving up a baby they’ve raised since childhood. Positive, there’s loads at stake economically, on condition that 80% to 90% of householders have their monetary fortunes locked up of their firms, estimates the Exit Planning Institute, an schooling, … Read more