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Fountain Files Chapter 11 Bankruptcy

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Old 08-25-2009, 06:28 AM
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No matter how it all turns out and no matter how you feel about Reggie it really sux for the employees..... they have some awesome talent there that have put in a tremendous effort to produce a great product.... hopefully they get through this
You are rite about the talent that Bryan has with boats he did a great job with my boat

But there customer service has not been that great for me. They take forever to get back with you they wont return emails or phone calls.

You have a great boat. I dont know were you bought it. I think that was your boat there the same time mine was april or may 09 I saw one like yours in one of the back buildings I think. They do need to do some improvements in order to get people to come back and refer them.

I do love the product, but when your trying to get your boat ready for the summer it gets old calling 8 or 10 times a day only to not get in touch with anyone all day and recieve a call back for two, three or four days later. I could not stay in business with what I do if my customer service was that bad.

Hell may be its me and I just like some anwers while I am doing business with someone.
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Old 08-25-2009, 07:28 AM
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let's cross our fingers for the wind to turn around... what a year is 2009....
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Old 08-25-2009, 08:00 AM
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I realize that all you idiots who voted for Bush even though he is clearly the worst President in US history have somehow forgotten that this entire economic meltdown happened on his idiotic watch.

But come on, do you have to keep proving to everyone else how retarded you are? Just keep your past mistakes to yourselves, move on. Mistakes happen. You made a REALLY BIG one that all these boat companies are paying for, but you made it. Move on. Sure, the lives and fortunes of many people were destroyed by his idiotic policies (spend more, tax less). But in the long run, we will all get over that disaster. Might take awhile, and a lot more people losing everything they ever worked for, but we'll get over it.

But really, please stop embarassing yourselves. Bush did this. Obama might barely be able to get us out of this mess, he's doing the right stuff so far. But Bush broke this economy. Don't be an ass.

Thank you, Diane Sawyer..........
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Old 08-25-2009, 08:12 AM
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Originally Posted by carcrash View Post
I realize that all you idiots who voted for Bush even though he is clearly the worst President in US history have somehow forgotten that this entire economic meltdown happened on his idiotic watch.

But come on, do you have to keep proving to everyone else how retarded you are? Just keep your past mistakes to yourselves, move on. Mistakes happen. You made a REALLY BIG one that all these boat companies are paying for, but you made it. Move on. Sure, the lives and fortunes of many people were destroyed by his idiotic policies (spend more, tax less). But in the long run, we will all get over that disaster. Might take awhile, and a lot more people losing everything they ever worked for, but we'll get over it.

But really, please stop embarassing yourselves. Bush did this. Obama might barely be able to get us out of this mess, he's doing the right stuff so far. But Bush broke this economy. Don't be an ass.

Got to love the Left-Wing wack-jobs! Go puff some more off that pipe......
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Old 08-25-2009, 08:15 AM
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I am in discussions with a few billionaires (members of my yacht club, and my best man) about if Fountain could be a good investment. The very rich were not hurt in this downturn: they knew the "tax less, spend more, send trillions to the middle east" Bush concept was a short term play, and they played it so: they pulled out 12 months or less before Bush was done. Its all the poor suckers (the common rich) like you and be who kept their money in 401Ks, commercial real estate, and/or private corporate holdings "for the long term" that took it in the net worth. We'll see who ends up with Fountain, I expect it will be one of my buddies.
You're ****ing kidding me, right? The housing market balloon and then collapse started with Clinton's unethical / socialistic agenda of soft financing and "every American deserves a home" plan.

You obviously need to look further back and realize that the economic and political cycles can begin decades before you see the bubbles burst.
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Old 08-25-2009, 08:23 AM
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According to Crash, if Bush had just taxed us more we would've been ok. With economic advice like that, I have to doubt that you belong to a club or that you have rich friends.
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Old 08-25-2009, 08:30 AM
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:carcrash you are such a dumb ass.
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Old 08-25-2009, 08:33 AM
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Thank you, Diane Sawyer..........
LMFAO!
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Old 08-25-2009, 08:34 AM
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Luckily for us Obama is extra frugile with his spending of government funds.

He's so dreamy.
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Old 08-25-2009, 08:45 AM
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Originally Posted by ZXXX Donzi View Post
Chapter 7 is personal bankruptcy. You won't see that unless Reggie is a guarantor or obligor. I doubt he is
Chapter 7 is a liquidation of assets for either Companies or Individuals. And is often used as a wind down if a company can not come up with a formidable Chapter 11 plan

Chapter 13 is a more palatable options for individuals where they keep their possessions and allocate a portion of future earnings to service debt.

As an aside there are several other Chapters. Off the top of my head I believe that Chap. 9 is for Municipalities, and chapter 12 has some **** to do with Farmers!!!
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