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Re: why did IH fail?
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Posted by Tim Malin on November 03, 2004 at 17:50:46 from (137.104.65.33):
In Reply to: why did IH fail? posted by caseyc on November 03, 2004 at 12:13:42:
I see it like an Enron case. Head honchos were bringing in the big bucks, and didn't really want to change their ways, and with the factory strikes and then the depression of the farming economy they got themselves into a hole they could not dig out of. Banking on a continuous economy, that bit them in the butt too. Just think, a little better management, avoiding the temptation to jack profits like today's companies do, and the new IH Magnum's would have came out, and I think IH would be a super competitive company today. Pissing around, and that's what you get when something you can't control happens.
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