by Engineer Spike
I have been having a conversation with edbear about the B&M leading to the bankruptcy. He asked me about whether I knew about the animosity which MEC employees held toward the B&M. This lead to me asking about the total split, and independent MEC management. This topic may be of interest here, so maybe Ed could explain it, rather than to me personally.
How did E.S. Miller get to power? I know he was in the Law Dept.? Since the split happened before McGinnis came to power, what made MEC become disenfranchised with Mr. French, and Mr. Rourke's management, especially after they had served for so long already? Was it the same issues which gave McGinnis the votes to take over B&M, such as low returns, no dividends, slow modernization?
Sorry to bait you, Ed, but I think there are many here who would like to know.
How did E.S. Miller get to power? I know he was in the Law Dept.? Since the split happened before McGinnis came to power, what made MEC become disenfranchised with Mr. French, and Mr. Rourke's management, especially after they had served for so long already? Was it the same issues which gave McGinnis the votes to take over B&M, such as low returns, no dividends, slow modernization?
Sorry to bait you, Ed, but I think there are many here who would like to know.