Friday, December 5, 2008

Perhaps we need to educate people on what bankrupcy really is....

Shuttered Meat Plant Edges Back Into Business, but Its Town Is Still Struggling:
"“It was one of the most hostile meetings I’ve ever been to,” Jeff Abbas, manager of KPVL, the local radio station, which has led a community effort to help laid-off plant employees, said in a telephone interview on Thursday. “I felt a little sorry for Sarachek, because there were so many questions he couldn’t answer: When will we be paid? When will we go back to work?”

Mr. Sarachek, a bankruptcy expert from New York, was appointed trustee after the plant’s owner, the Rubashkin family, filed for bankruptcy last month. The plant’s kosher certification was threatened after it was fined $10 million for wage violations and faced criminal charges for 9,300 child labor violations."

A sad story, indeed. And yet another unintended consequence of a scattershot immigration policy.

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