Post
by bjoak » Fri Jan 07, 2011 4:46 am
Originally posted by CC's Desperados:
quote:Originally posted by Zazie:
quote:Originally posted by CC's Desperados:
quote:Originally posted by Zazie:
Thanks for posting the link, which was somewhat informative. But there's a lot we don't know yet, so I for one will try to be patient.
I would have expected Liberty to try to spin off their no-longer-wanted business that they paid money to acquire, and try to sell it rather than just shut it down, so there has to be more to the story. I hope there's more to the story. It has value to one person and why would someone buy it when you can open up a store across the street for a lot less money. [/QUOTE]You know more about this than I do, so I'm not arguing. I would have thought the name brought with it some goodwill and trust, as long as whoever bought it had the good sense to hire the obvious suspects to run it. Or if the obvious suspect was the one to buy it. Whoever opens up a store across the street has to persuade people their money is safe. [/QUOTE]In this case, I don't think the money was the problem and the NFBC was a casualty of something not related to it.
It might have more good will if the back end provider was included. I can't imagine that ever happening.
We have a great chef and plenty of customers ready to buy the food, but we need a kitchen and someone to deliver the food. Unfortunately there aren't many options out there unless someone can find the keys to the old Ferrari. [/QUOTE]I know a bar that wanted to serve food, except that they had no kitchen and no money to put one in. So they put a gas grill out back and soon became famous for having the best barbecue-type food around.
To drop the metaphor, even if Liberty doesn't auction off pieces of their product for whatever they can get (which seems like the only sensible thing to do to me), then you still have two guys out of a job who know exactly how to run the business, and they just happen to have a die-hard clientelle including quite a few filthy rich people. And if you like, they have plans already in place for a 2011 contest. Something can't happen there, really?
[ January 07, 2011, 10:47 AM: Message edited by: bjoak ]
Chance favors the prepared mind.