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I enjoyed that documentary. But I have always had some strong reserves about how Scheimer presented himself as not knowing what could happen to his employees after he sold the company. I'm sorry, but no one with a head for business comes to the table naively saying "Yeah, I'm here to sell off my company, but you have to PROMISE to keep my employees." That doesn't ring true at all. That's like selling your car and asking them not to drive above the speed limit. No one does that. And if he felt that invested in those people, then he shouldn't have sold it. But it was a last chance for him to make good money while the industry still permitted him to. He needed to sell off his investment before the industry overseas bankrupted him. It was 100% self preservation, which most of us would do under his circumstances. But to sell it to his employees like he didn't have a clue what would happen to them is very disingenuous and back stabbing. The ship was going down, but the captain wasn't hanging around. What he should have told them was the truth - "I can't keep this company afloat any longer, so I'm going to have to sell it off. I wish I didn't have to, but I don't have a choice." That was the truth. And if he ever valued those employees, he would have laid it out straight. Look him after the sale and look at his employees. He's comfortably retired, marketing himself. Where are they today? Who knows...
thats a valid point Tom but I still want to thank Lou Scheimer
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