Monday, December 18, 2006

My Next TV Will Be A Loewe!

Imagine this: It's 2004 and you actually make CRT TVs in Germany - kinda like being the last producer of buggy whips. You are an arrogant bonehead manager of a company that makes truly first class televisions and think "oh this LCD/Plasma TV thing is just a fad...." Oops: Sales fall catastrophically, and behold; this LCD/Plasma TV thing is the only way forward. Buggy whips bad, gas pedals good. Sales have fallen off so far that the banks are knocking on the door and the cash is long gone. What to do? Anyone, anyone? Yup - go to the employees and ask them to go without pay for a month so that the factory can be re-tooled to manufacture LCD televisions. Yes, the 1000 employees decided for one month less pay versus unemployment. Go figure. Poor schmucks you say? Nope - today Loewe paid back every cent plus 25% interest! Good job Loewe, good on you! Now - where is that bonehead manager that missed the writing on the wall???

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