Disclaimer
All opinions on this blog are mine, not HID Global's.-
Join 665 other subscribers
-
Recent Posts
Categories
Archives
Blogroll
Recent Posts: Science About Politics
Tag Archives: ESOP
An Open Letter to Senator Franken and Senator Klobuchar
Dear Senator: I am writing to you as a former employee of Creative Memories and as a former participant in Creative Memories ESOP retirement plan. Creative Memories was a scrapbooking company based out of St. Cloud, MN. Creative Memories went bankrupt … Continue reading
How an Employee Stock Ownership Plan Can Destroy Your Company
An article recently appeared in Canvas Magazine titled, “How an Employee Stock Ownership Plan can be good for you and your employees.” See page 4. After reading this article, I felt compelled to write an alternative perspective. In 1998 when … Continue reading
Posted in Industry Info, Uncategorized
Tagged Bankruptcy, Canvas Magazine, Creative Memories, debt, Employee Stock Ownership Plan, ESOP, risk
3 Comments