Laid-off workers occupy Chicago factory like in 1930’s

[The OC Scam]

Anyone not convinced that we are in a depression well…here is a good example of things to come.

“CHICAGO – Workers who got three days’ notice that their factory was shutting its doors have occupied the building and say they won’t go home without assurances they’ll get severance and vacation pay.

About 250 union workers occupied the Republic Windows and Doors plant in shifts Saturday while union leaders outside criticized a Wall Street bailout they say is leaving laborers behind.”

Here is the article:
http://www.msnbc.msn.com/id/28084616

[Anonymous]

OK, I saw this article and was immediately curious. If the firm is required _by law_ to give 60 days notice, how would it be that BofA _won’t let them_ pay the workers? I assume they don’t have money in the bank and would be tapping some line of credit to make payroll for the next 60 days. Which is fine for BofA as a delaying tactic. But if this is a statutory requirement, doesn’t that mean that 60 days of payroll will take precedence over any sort of creditor list if they are in BK? If they are not in BK, and have a line of credit with BofA, can BofA simply shut down that access to credit??

We don’t know from the article why the shutdown happened or under what terms? BK, or just liquidation?

Anyone have any more details??

Cheers,
Scott

[Anonymous]

OK, I saw this article and was immediately curious. If the firm is required _by law_ to give 60 days notice, how would it be that BofA _won’t let them_ pay the workers? I assume they don’t have money in the bank and would be tapping some line of credit to make payroll for the next 60 days. Which is fine for BofA as a delaying tactic. But if this is a statutory requirement, doesn’t that mean that 60 days of payroll will take precedence over any sort of creditor list if they are in BK? If they are not in BK, and have a line of credit with BofA, can BofA simply shut down that access to credit??

We don’t know from the article why the shutdown happened or under what terms? BK, or just liquidation?

Anyone have any more details??

Cheers,
Scott

[Anonymous]

OK, I saw this article and was immediately curious. If the firm is required _by law_ to give 60 days notice, how would it be that BofA _won’t let them_ pay the workers? I assume they don’t have money in the bank and would be tapping some line of credit to make payroll for the next 60 days. Which is fine for BofA as a delaying tactic. But if this is a statutory requirement, doesn’t that mean that 60 days of payroll will take precedence over any sort of creditor list if they are in BK? If they are not in BK, and have a line of credit with BofA, can BofA simply shut down that access to credit??

We don’t know from the article why the shutdown happened or under what terms? BK, or just liquidation?

Anyone have any more details??

Cheers,
Scott

[Anonymous]

OK, I saw this article and was immediately curious. If the firm is required _by law_ to give 60 days notice, how would it be that BofA _won’t let them_ pay the workers? I assume they don’t have money in the bank and would be tapping some line of credit to make payroll for the next 60 days. Which is fine for BofA as a delaying tactic. But if this is a statutory requirement, doesn’t that mean that 60 days of payroll will take precedence over any sort of creditor list if they are in BK? If they are not in BK, and have a line of credit with BofA, can BofA simply shut down that access to credit??

We don’t know from the article why the shutdown happened or under what terms? BK, or just liquidation?

Anyone have any more details??

Cheers,
Scott

[Anonymous]

OK, I saw this article and was immediately curious. If the firm is required _by law_ to give 60 days notice, how would it be that BofA _won’t let them_ pay the workers? I assume they don’t have money in the bank and would be tapping some line of credit to make payroll for the next 60 days. Which is fine for BofA as a delaying tactic. But if this is a statutory requirement, doesn’t that mean that 60 days of payroll will take precedence over any sort of creditor list if they are in BK? If they are not in BK, and have a line of credit with BofA, can BofA simply shut down that access to credit??

We don’t know from the article why the shutdown happened or under what terms? BK, or just liquidation?

Anyone have any more details??

Cheers,
Scott

[Coronita]

http://www.cnn.com/2008/LIVING/12/05/unemployed.sign/index.html

….
This person is doing what he needs to do for his family….Sad and unfortunate, but he is a man doing what’s needed for his family. I only wonder if it makes sense for him to try to take any job (even minimum wage jobs) if his family’s survival depends on it. Don’t know if he tried yet….

I few weeks ago, I also some some guy in a suit standing on the corner of Mira Mesa blvd and lusk, holding up a sign saying “Business major seeks employment”.

No laughing matter anymore, is it?

Ok, no more posting for me today. Off to my RE class. (Yes, FLU is going to try to juggle in an RE license along with everything else….You never know with these economy these days, which of your sources of income/assets will just go pooof!).

——–

Wearing ‘almost homeless’ sign, ex-executive seeks work

NEW YORK (CNN) — Paul Nawrocki says he’s beyond the point where he cares about humiliation.
Paul Nawracki, jobless since February, stands on New York corners with a sign announcing his job search.

Paul Nawracki, jobless since February, stands on New York corners with a sign announcing his job search.
Click to view previous image
1 of 3
Click to view next image

That’s why he weekly takes a 90-minute train ride to New York, where he walks the streets wearing a sandwich board that advertises his plight: The former toy-industry executive needs a job.

“Almost homeless,” reads the sign. “Looking for employment. Very experienced operations and administration manager.”

Wearing a suit and tie under the sign, Nawrocki — who was in the toy industry 36 years before being laid off in February — stands on Manhattan corners for hours, hoping to pass resumes to interested passers-by.

“When you’re out of work and you face having nothing — I mean, having no income — pride doesn’t mean anything,” Nawrocki said. “You need to find work. I have to take care of my family.” iReport.com: Have you lost your job? Tell us your story.

People look but don’t often stop. A woman in the jewelry business paused as Nawrocki stood with his sign outside Grand Central Station recently.

“I feel sorry for him. I wish I could help him,” she said. “I’ll pray for him. I’ll give him a prayer card.”
Don’t Miss

* CNN/Money: Job picture could get even worse
* Commentary: Jobs going begging in some fields

Nawrocki will take the prayers. His wife is partially disabled and on 15 medications, his daughter has student loans, and he’s running out of money, he says.

He tried more traditional approaches at looking for work, but nothing came through. His daughter eventually suggested handing out résumés on the street.

“We started talking, and she actually came up with the suggestion of putting on the sign board. I thought, ‘That’s not a bad idea.’ So, here I am,” he said. Video Watch Nawrocki explain why he’s using the sign »

Getting the right person’s attention is tough. Competing with him for the eyes of passers-by are charity groups and homeless people seeking donations.

But there was one hopeful moment as CNN was interviewing him. A man identifying himself as the head of a New York executive recruiting firm took one of Nawrocki’s résumés.

The man, Steve Warren, was asked whether employers are looking for people with Nawrocki’s expertise.

“It’s very difficult,” Warren said. “The operations pieces are all exported to overseas, and the problem that we face is, guys like Mr. Nawrocki have a problem finding work here.”

Warren was asked whether someone could find a job using Nawrocki’s walking-the-streets tactic.

“Well, I found his résumé here, so I’m going to try to find him [something],” he said.

Nawrocki has plenty of competition. The U.S. government said 533,000 jobs in the country were lost in November, and more than 1.9 million jobs have been lost in 2008.
advertisement

But he retains hope that he and his sign will attract the right opportunity.

“There has got to be a job out there, and hopefully there’s one for me,” he said

[Coronita]

http://www.cnn.com/2008/LIVING/12/05/unemployed.sign/index.html

….
This person is doing what he needs to do for his family….Sad and unfortunate, but he is a man doing what’s needed for his family. I only wonder if it makes sense for him to try to take any job (even minimum wage jobs) if his family’s survival depends on it. Don’t know if he tried yet….

I few weeks ago, I also some some guy in a suit standing on the corner of Mira Mesa blvd and lusk, holding up a sign saying “Business major seeks employment”.

No laughing matter anymore, is it?

Ok, no more posting for me today. Off to my RE class. (Yes, FLU is going to try to juggle in an RE license along with everything else….You never know with these economy these days, which of your sources of income/assets will just go pooof!).

——–

Wearing ‘almost homeless’ sign, ex-executive seeks work

NEW YORK (CNN) — Paul Nawrocki says he’s beyond the point where he cares about humiliation.
Paul Nawracki, jobless since February, stands on New York corners with a sign announcing his job search.

Paul Nawracki, jobless since February, stands on New York corners with a sign announcing his job search.
Click to view previous image
1 of 3
Click to view next image

That’s why he weekly takes a 90-minute train ride to New York, where he walks the streets wearing a sandwich board that advertises his plight: The former toy-industry executive needs a job.

“Almost homeless,” reads the sign. “Looking for employment. Very experienced operations and administration manager.”

Wearing a suit and tie under the sign, Nawrocki — who was in the toy industry 36 years before being laid off in February — stands on Manhattan corners for hours, hoping to pass resumes to interested passers-by.

“When you’re out of work and you face having nothing — I mean, having no income — pride doesn’t mean anything,” Nawrocki said. “You need to find work. I have to take care of my family.” iReport.com: Have you lost your job? Tell us your story.

People look but don’t often stop. A woman in the jewelry business paused as Nawrocki stood with his sign outside Grand Central Station recently.

“I feel sorry for him. I wish I could help him,” she said. “I’ll pray for him. I’ll give him a prayer card.”
Don’t Miss

* CNN/Money: Job picture could get even worse
* Commentary: Jobs going begging in some fields

Nawrocki will take the prayers. His wife is partially disabled and on 15 medications, his daughter has student loans, and he’s running out of money, he says.

He tried more traditional approaches at looking for work, but nothing came through. His daughter eventually suggested handing out résumés on the street.

“We started talking, and she actually came up with the suggestion of putting on the sign board. I thought, ‘That’s not a bad idea.’ So, here I am,” he said. Video Watch Nawrocki explain why he’s using the sign »

Getting the right person’s attention is tough. Competing with him for the eyes of passers-by are charity groups and homeless people seeking donations.

But there was one hopeful moment as CNN was interviewing him. A man identifying himself as the head of a New York executive recruiting firm took one of Nawrocki’s résumés.

The man, Steve Warren, was asked whether employers are looking for people with Nawrocki’s expertise.

“It’s very difficult,” Warren said. “The operations pieces are all exported to overseas, and the problem that we face is, guys like Mr. Nawrocki have a problem finding work here.”

Warren was asked whether someone could find a job using Nawrocki’s walking-the-streets tactic.

“Well, I found his résumé here, so I’m going to try to find him [something],” he said.

Nawrocki has plenty of competition. The U.S. government said 533,000 jobs in the country were lost in November, and more than 1.9 million jobs have been lost in 2008.
advertisement

But he retains hope that he and his sign will attract the right opportunity.

“There has got to be a job out there, and hopefully there’s one for me,” he said

[Coronita]

http://www.cnn.com/2008/LIVING/12/05/unemployed.sign/index.html

….
This person is doing what he needs to do for his family….Sad and unfortunate, but he is a man doing what’s needed for his family. I only wonder if it makes sense for him to try to take any job (even minimum wage jobs) if his family’s survival depends on it. Don’t know if he tried yet….

I few weeks ago, I also some some guy in a suit standing on the corner of Mira Mesa blvd and lusk, holding up a sign saying “Business major seeks employment”.

No laughing matter anymore, is it?

Ok, no more posting for me today. Off to my RE class. (Yes, FLU is going to try to juggle in an RE license along with everything else….You never know with these economy these days, which of your sources of income/assets will just go pooof!).

——–

Wearing ‘almost homeless’ sign, ex-executive seeks work

NEW YORK (CNN) — Paul Nawrocki says he’s beyond the point where he cares about humiliation.
Paul Nawracki, jobless since February, stands on New York corners with a sign announcing his job search.

Paul Nawracki, jobless since February, stands on New York corners with a sign announcing his job search.
Click to view previous image
1 of 3
Click to view next image

That’s why he weekly takes a 90-minute train ride to New York, where he walks the streets wearing a sandwich board that advertises his plight: The former toy-industry executive needs a job.

“Almost homeless,” reads the sign. “Looking for employment. Very experienced operations and administration manager.”

Wearing a suit and tie under the sign, Nawrocki — who was in the toy industry 36 years before being laid off in February — stands on Manhattan corners for hours, hoping to pass resumes to interested passers-by.

“When you’re out of work and you face having nothing — I mean, having no income — pride doesn’t mean anything,” Nawrocki said. “You need to find work. I have to take care of my family.” iReport.com: Have you lost your job? Tell us your story.

People look but don’t often stop. A woman in the jewelry business paused as Nawrocki stood with his sign outside Grand Central Station recently.

“I feel sorry for him. I wish I could help him,” she said. “I’ll pray for him. I’ll give him a prayer card.”
Don’t Miss

* CNN/Money: Job picture could get even worse
* Commentary: Jobs going begging in some fields

Nawrocki will take the prayers. His wife is partially disabled and on 15 medications, his daughter has student loans, and he’s running out of money, he says.

He tried more traditional approaches at looking for work, but nothing came through. His daughter eventually suggested handing out résumés on the street.

“We started talking, and she actually came up with the suggestion of putting on the sign board. I thought, ‘That’s not a bad idea.’ So, here I am,” he said. Video Watch Nawrocki explain why he’s using the sign »

Getting the right person’s attention is tough. Competing with him for the eyes of passers-by are charity groups and homeless people seeking donations.

But there was one hopeful moment as CNN was interviewing him. A man identifying himself as the head of a New York executive recruiting firm took one of Nawrocki’s résumés.

The man, Steve Warren, was asked whether employers are looking for people with Nawrocki’s expertise.

“It’s very difficult,” Warren said. “The operations pieces are all exported to overseas, and the problem that we face is, guys like Mr. Nawrocki have a problem finding work here.”

Warren was asked whether someone could find a job using Nawrocki’s walking-the-streets tactic.

“Well, I found his résumé here, so I’m going to try to find him [something],” he said.

Nawrocki has plenty of competition. The U.S. government said 533,000 jobs in the country were lost in November, and more than 1.9 million jobs have been lost in 2008.
advertisement

But he retains hope that he and his sign will attract the right opportunity.

“There has got to be a job out there, and hopefully there’s one for me,” he said

[Coronita]

http://www.cnn.com/2008/LIVING/12/05/unemployed.sign/index.html

….
This person is doing what he needs to do for his family….Sad and unfortunate, but he is a man doing what’s needed for his family. I only wonder if it makes sense for him to try to take any job (even minimum wage jobs) if his family’s survival depends on it. Don’t know if he tried yet….

I few weeks ago, I also some some guy in a suit standing on the corner of Mira Mesa blvd and lusk, holding up a sign saying “Business major seeks employment”.

No laughing matter anymore, is it?

Ok, no more posting for me today. Off to my RE class. (Yes, FLU is going to try to juggle in an RE license along with everything else….You never know with these economy these days, which of your sources of income/assets will just go pooof!).

——–

Wearing ‘almost homeless’ sign, ex-executive seeks work

NEW YORK (CNN) — Paul Nawrocki says he’s beyond the point where he cares about humiliation.
Paul Nawracki, jobless since February, stands on New York corners with a sign announcing his job search.

Paul Nawracki, jobless since February, stands on New York corners with a sign announcing his job search.
Click to view previous image
1 of 3
Click to view next image

That’s why he weekly takes a 90-minute train ride to New York, where he walks the streets wearing a sandwich board that advertises his plight: The former toy-industry executive needs a job.

“Almost homeless,” reads the sign. “Looking for employment. Very experienced operations and administration manager.”

Wearing a suit and tie under the sign, Nawrocki — who was in the toy industry 36 years before being laid off in February — stands on Manhattan corners for hours, hoping to pass resumes to interested passers-by.

“When you’re out of work and you face having nothing — I mean, having no income — pride doesn’t mean anything,” Nawrocki said. “You need to find work. I have to take care of my family.” iReport.com: Have you lost your job? Tell us your story.

People look but don’t often stop. A woman in the jewelry business paused as Nawrocki stood with his sign outside Grand Central Station recently.

“I feel sorry for him. I wish I could help him,” she said. “I’ll pray for him. I’ll give him a prayer card.”
Don’t Miss

* CNN/Money: Job picture could get even worse
* Commentary: Jobs going begging in some fields

Nawrocki will take the prayers. His wife is partially disabled and on 15 medications, his daughter has student loans, and he’s running out of money, he says.

He tried more traditional approaches at looking for work, but nothing came through. His daughter eventually suggested handing out résumés on the street.

“We started talking, and she actually came up with the suggestion of putting on the sign board. I thought, ‘That’s not a bad idea.’ So, here I am,” he said. Video Watch Nawrocki explain why he’s using the sign »

Getting the right person’s attention is tough. Competing with him for the eyes of passers-by are charity groups and homeless people seeking donations.

But there was one hopeful moment as CNN was interviewing him. A man identifying himself as the head of a New York executive recruiting firm took one of Nawrocki’s résumés.

The man, Steve Warren, was asked whether employers are looking for people with Nawrocki’s expertise.

“It’s very difficult,” Warren said. “The operations pieces are all exported to overseas, and the problem that we face is, guys like Mr. Nawrocki have a problem finding work here.”

Warren was asked whether someone could find a job using Nawrocki’s walking-the-streets tactic.

“Well, I found his résumé here, so I’m going to try to find him [something],” he said.

Nawrocki has plenty of competition. The U.S. government said 533,000 jobs in the country were lost in November, and more than 1.9 million jobs have been lost in 2008.
advertisement

But he retains hope that he and his sign will attract the right opportunity.

“There has got to be a job out there, and hopefully there’s one for me,” he said

[Coronita]

http://www.cnn.com/2008/LIVING/12/05/unemployed.sign/index.html

….
This person is doing what he needs to do for his family….Sad and unfortunate, but he is a man doing what’s needed for his family. I only wonder if it makes sense for him to try to take any job (even minimum wage jobs) if his family’s survival depends on it. Don’t know if he tried yet….

I few weeks ago, I also some some guy in a suit standing on the corner of Mira Mesa blvd and lusk, holding up a sign saying “Business major seeks employment”.

No laughing matter anymore, is it?

Ok, no more posting for me today. Off to my RE class. (Yes, FLU is going to try to juggle in an RE license along with everything else….You never know with these economy these days, which of your sources of income/assets will just go pooof!).

——–

Wearing ‘almost homeless’ sign, ex-executive seeks work

NEW YORK (CNN) — Paul Nawrocki says he’s beyond the point where he cares about humiliation.
Paul Nawracki, jobless since February, stands on New York corners with a sign announcing his job search.

Paul Nawracki, jobless since February, stands on New York corners with a sign announcing his job search.
Click to view previous image
1 of 3
Click to view next image

That’s why he weekly takes a 90-minute train ride to New York, where he walks the streets wearing a sandwich board that advertises his plight: The former toy-industry executive needs a job.

“Almost homeless,” reads the sign. “Looking for employment. Very experienced operations and administration manager.”

Wearing a suit and tie under the sign, Nawrocki — who was in the toy industry 36 years before being laid off in February — stands on Manhattan corners for hours, hoping to pass resumes to interested passers-by.

“When you’re out of work and you face having nothing — I mean, having no income — pride doesn’t mean anything,” Nawrocki said. “You need to find work. I have to take care of my family.” iReport.com: Have you lost your job? Tell us your story.

People look but don’t often stop. A woman in the jewelry business paused as Nawrocki stood with his sign outside Grand Central Station recently.

“I feel sorry for him. I wish I could help him,” she said. “I’ll pray for him. I’ll give him a prayer card.”
Don’t Miss

* CNN/Money: Job picture could get even worse
* Commentary: Jobs going begging in some fields

Nawrocki will take the prayers. His wife is partially disabled and on 15 medications, his daughter has student loans, and he’s running out of money, he says.

He tried more traditional approaches at looking for work, but nothing came through. His daughter eventually suggested handing out résumés on the street.

“We started talking, and she actually came up with the suggestion of putting on the sign board. I thought, ‘That’s not a bad idea.’ So, here I am,” he said. Video Watch Nawrocki explain why he’s using the sign »

Getting the right person’s attention is tough. Competing with him for the eyes of passers-by are charity groups and homeless people seeking donations.

But there was one hopeful moment as CNN was interviewing him. A man identifying himself as the head of a New York executive recruiting firm took one of Nawrocki’s résumés.

The man, Steve Warren, was asked whether employers are looking for people with Nawrocki’s expertise.

“It’s very difficult,” Warren said. “The operations pieces are all exported to overseas, and the problem that we face is, guys like Mr. Nawrocki have a problem finding work here.”

Warren was asked whether someone could find a job using Nawrocki’s walking-the-streets tactic.

“Well, I found his résumé here, so I’m going to try to find him [something],” he said.

Nawrocki has plenty of competition. The U.S. government said 533,000 jobs in the country were lost in November, and more than 1.9 million jobs have been lost in 2008.
advertisement

But he retains hope that he and his sign will attract the right opportunity.

“There has got to be a job out there, and hopefully there’s one for me,” he said

[paramount]

I have been amazed of discussion on this board about how RE in San Diego should roar back in the Spring.

Give me a break!

The idea of a Depression is not out of the realm of possibility.

Instead of RE classes you might consider taking Gardening Classes or others that will aid in your survival.

We may not fall into a Depression, and if not you’ll be a better gardener for it all.

[paramount]

I have been amazed of discussion on this board about how RE in San Diego should roar back in the Spring.

Give me a break!

The idea of a Depression is not out of the realm of possibility.

Instead of RE classes you might consider taking Gardening Classes or others that will aid in your survival.

We may not fall into a Depression, and if not you’ll be a better gardener for it all.

[paramount]

I have been amazed of discussion on this board about how RE in San Diego should roar back in the Spring.

Give me a break!

The idea of a Depression is not out of the realm of possibility.

Instead of RE classes you might consider taking Gardening Classes or others that will aid in your survival.

We may not fall into a Depression, and if not you’ll be a better gardener for it all.

[paramount]

I have been amazed of discussion on this board about how RE in San Diego should roar back in the Spring.

Give me a break!

The idea of a Depression is not out of the realm of possibility.

Instead of RE classes you might consider taking Gardening Classes or others that will aid in your survival.

We may not fall into a Depression, and if not you’ll be a better gardener for it all.

[Author]

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