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This is one paragraph:
"However, the court-appoint receiver [sic] who oversees Polaroid and other Petters companies said the tight credit market and the dark clouds [???]"
That's the whole paragraph...
Here have a nice dose of pain for the holidays, Merry Christmas/Happy Holidays. And for the naysayers, nothing to see here, everything is fine, move along just like normal, it is not going to affect you, just stop reading/listening/watching the news, everything will just go away.
If this guy thought that putting Poloroid on other devices was going to re-invent this company he was dead wrong. Poloroid use to mean poor quality photos that developed right before your eyes. Having Poloroid on my DVD player would mean poor quality video. Poloroid like Kodak, have and had failed to keep up with the digital age. Only Kodak has found a way to re-invent themselves by getting into digital with cameras, printers, and digital photo frames. If Petters even thought this it goes to show how bad of business person he really was. Steal others money and then have no sound business sense when it comes to running a company. I hope he spends the rest of his life behind bars. Then, with that time he could study up on the right way to run a business.
yeah I know it's Midas...I bet no one caught that anyway
But, when were talking Petterss is seems fitting!!
Nice, this thing just keeps getting worse and a judge just granted Robert White $31,000 so his wifes 2 kids from a previous marr. can keep going to Blake-oh thats fair!!!
Petters daughter Jennifer will make a boat load selling "her side" of the story..fyi the strib will remove this post because they are scared of her!!!!!!
How horrible a person is this Jim Wehmhoff. He could have prevented most of this. He's been Petters accountant since 2004. These last 4 years is when Petters stole 90% of the money. The returns for Petters are an indictment on the IRS and Petters. IRS should have caught him years ago. These returns were a joke. Throw the book at Wehmhoff, and I mean 30 years. He should not be out on bail. AT 67 he's prime candidate to disappear into the night.
Rag all you want on Tom Petters, but leave his family members alone. He may have deceived the public, but his wife, daughter , anf children have done nothing wrong. So gert off of your high horse and face reality.
Don't even go there trying to defend even his GF and kids. This idiot AND his associates, including Coleman, STOLE HARD WORKING peoples' money to live the gambling, drugging, spending HIGH LIFE. NO EXCUSE for ANY of them!!!! If only the people they stole from could regain 10% of their money , they would be lucky, but I fear it is ALL GONE! to their GREED!
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