Large Scale Central

One LAST Request For Your E-mail Help!

The first e-mail campaign definitely had an effect, but once again, I’m asking for your help…

The Wöhrl deal for LGB has reached a critical point as Deutsche Bank and Goldman Sachs have made last-minute demands on Wöhrl, demands that may be a deal breakers

You can help by generating another e-mail campaign directed to Dr. Schürenkrämer at Deutsche Bank.

([email protected])

We should tell him that we think the the Wöhrl offer is good for Deutsche Bank. And that the Wöhrl offer is far better for the employees, which, in the long term is also good for Deutsche Bank.

I have been told that the banks will meet tomorrow (Wednesday) to make a final decision. So speed is essential. Please e-mail tonight.

Jack Barton “the kollector”

Jack Barton said:
...................................

I have been told that the banks will meet tomorrow (Wednesday) to make a final decision. So speed is essential. Please e-mail tonight.

Jack Barton “the kollector”


I’ll write right away. :confused: :smiley: I’ll tell Schürenkrämer that what is required is stability with a management that has the feel for the market and isn’t afraid to make the necessary adjustments without first going broke.

Of course if the banks decide that the Kingsbridge Capital offer is the better one - think in the larger German context! - that will be fine by me, too.
Märklin will be just as capable - if not more so! - to produce whatever they decide is worth saving of the EPL line. :wink: :slight_smile:

Hans-Joerg Mueller said:
Märklin will be just as capable - if not more so! - to produce whatever they decide is worth saving of the EPL line. ;) :)
Your e-mail to the bank is very welcome.

But I have to admit I am confused by your logic. Lehmann fails and it means they are mismanaged. Märklin fails, but some how they are more capable? (not mismanaged?) The best opinions I have heard is that both companies were too dependent on a declining economy and the inevitable erosion of their base i.e. really old guys. You know, like you and me :wink: Jack

Jack Barton said:
Hans-Joerg Mueller said:
Märklin will be just as capable - if not more so! - to produce whatever they decide is worth saving of the EPL line. ;) :)
Your e-mail to the bank is very welcome.

But I have to admit I am confused by your logic. Lehmann fails and it means they are mismanaged. Märklin fails, but some how they are more capable? (not mismanaged?) The best opinions I have heard is that both companies were too dependent on a declining economy and the inevitable erosion of their base i.e. really old guys. You know, like you and me :wink: Jack


Jack me lad, you are twisting words again.

Marklin did fail and have been taken over by a “saviour” who is in the process of “saving” them.

Lehmann failed and have yet to be “saved”.
If they are to be “rescued” by a partnership including the same owners who allegedly mismanaged and sent them broke in the first place, who is to say they would be any more successful the second time around?

Therefore by definition Marklin would be more likely to be successful at “saving” what is salvageable from Lehmann.

TonyWalsham said:
Marklin did fail and have been taken over by a "saviour" who is in the process of "saving" them.
Bankers and pencil pushers? Oh give me a break!

Or as a friend of mine said “a bunch of MBA’s that couldn’t get a date if you pasted a hundred dollar bill on their foreheads!”

Märklin is riding on development that was in progress over the last couple of years. Wait till the product is of pure “bean counter” origination.

Jack Barton said:
TonyWalsham said:
Marklin did fail and have been taken over by a "saviour" who is in the process of "saving" them.
Bankers and pencil pushers? Oh give me a break!

Or as a friend of mine said “a bunch of MBA’s that couldn’t get a date if you pasted a hundred dollar bill on their foreheads!”

Märklin is riding on development that was in progress over the last couple of years. Wait till the product is of pure “bean counter” origination.


Jack, it is those bankers and pencil pushers who have had to pick up the pieces from the “expert” management that stuffed up the businesses in the first place. It was not they who sent the companies broke.

Whose making accusations about the former management now…???

John Joseph Sauer said:
Whose making accusations about the former management now............??????
JJ, unlike you, I am not making unsubstantiated accusations about anything.

That LGB went broke under the management of the Richter cousins is a matter of fact, and on the record.

As to any conjecture on my part, remember I used the word “If” in an earlier posting in this thread.
It remains to be seen who the partners are in the consortium that has proposed a rescue package for LGB.
So far, publicly, no one knows who they are.
Least of all me.

TonyWalsham said:
So far, publicly, no one knows who they are. Least of all me.
Tony, I will quit with this question. Can you name any one person with Kingsbridge Capital? Yet you it seam to be happy with their management of Märklin?

Jack

“it is those bankers and pencil pushers who have had to pick up the pieces from the “expert” management that stuffed up the businesses in the first place”

Sounds pretty specific to me.
My remarks were sarcasm based on what you guys were intimating- your remarks are based on your convictions.

I knew when they emptied the asylums out those folks would eventually pop up.

What kind of adhesive did they stick the blinders on with?

Jack Barton said:
Hans-Joerg Mueller said:
Märklin will be just as capable - if not more so! - to produce whatever they decide is worth saving of the EPL line. ;) :)
Your e-mail to the bank is very welcome.

But I have to admit I am confused by your logic. Lehmann fails and it means they are mismanaged. Märklin fails, but some how they are more capable? (not mismanaged?) The best opinions I have heard is that both companies were too dependent on a declining economy and the inevitable erosion of their base i.e. really old guys. You know, like you and me :wink: Jack


Jack,

I have no idea which declining economy you’re part of, but I can assure you that I’m not complaining!

BTW Märklin being acquired by Kingsbridge Capital is why they didn’t have to declare insolvency. Evidently even the most stubborn of the Märklin partners eventually saw the light. :wink: :slight_smile: Hostile takeover anyone??? :confused:

That fact, along with what the general impression in the industry indicates, means that Märklin was not as “advice resistant” as some other companies.
I guess if your yearly turnover is matched by the debt you need to service as in the EPL Patentwerk OHG, you have a problem. And all the spin in the world - business as usual, results according to plan and other hocuspocus - doesn’t change that fact.

Has nothing to do with logic, those are just the hard facts. EPL had to declare insolvency, Märklin didn’t because they saw the writing on the wall. Could be a cultural difference; given a choice I like dealing with the Swabians better than dealing with the Bavarians. Perhaps it’s in my genes. :wink: :slight_smile: :lol:

PS It’s back to the shop for me! Lots of work!

Jack Barton said:
TonyWalsham said:
So far, publicly, no one knows who they are. Least of all me.
Tony, I will quit with this question. Can you name any one person with Kingsbridge Capital? Yet you it seam to be happy with their management of Märklin?

Jack


I never said I was happy with the Kingsbridge management team at Marklin.
The question I posed was whether or not they would be more likely to be successful than the proposed consortium would be at rescuing LGB.

BTW, No I cannot name anyone at Kingsbridge.
Just as you probably cannot name any of the management team at Hornby.
Another, now successfully run company after being taken over.

John Joseph Sauer said:
"it is those bankers and pencil pushers who have had to pick up the pieces from the "expert" management that stuffed up the businesses in the first place"

Sounds pretty specific to me.
My remarks were sarcasm based on what you guys were intimating- your remarks are based on your convictions.


Very specific JJ.

Facts man. Just the facts. All on the record.
No doubt the former management of LGB considered themselves “experts”, and it was they who did stuff up the business. Not the banks.

BTW, were you aware that, although understood by the hoi polloi, in English, sarcasm is regarded as the lowest form of wit?

Now irony, that is something many do not understand.

Hans-Joerg Mueller said:
I have no idea which declining economy you're part of, but I can assure you that I'm not complaining!

Given a choice I like dealing with the Swabians better than dealing with the Bavarians. Perhaps it’s in my genes. :wink: :slight_smile: :lol:


I feel it was clear I was refering to the German economy.

My wife is a Schwab and I can assure you that she is not fond of you!

Jack

Jack Barton said:
I feel it was clear I was refering to the German economy.

My wife is a Schwab and I can assure you that she is not fond of you!

Jack


Jack,

Soooooooooooo you mean the large loss of market share LGB experienced in NA was just a minor glitch. Time for a reality check, Jack.

Hmmmmmmm, I didn’t know that your wife knows me, other than from what she reads and gets told by you. :wink: :wink: :lol: :lol: OTOH I’m just not in the business of worrying about things like that.

Hans-Joerg Mueller said:
Soooooooooooo you mean the large loss of market share LGB experienced in NA was just a minor glitch. Time for a reality check, Jack.
Hans, I really didn't think you would fall back on "reliable sources"? Unless you have some published facts?
Jack Barton said:
Hans-Joerg Mueller said:
Soooooooooooo you mean the large loss of market share LGB experienced in NA was just a minor glitch. Time for a reality check, Jack.
Hans, I really didn't think you would fall back on "reliable sources"? Unless you have some published facts?
Jack,

For this one you don’t need “facts or figures”. Works like this

1968 - ???: Lehmann has the field practically to themselves.

Then up pop Aristo, Bachmann, USA Trains and all the others. Sooooooooo each time a new competitor comes in your market share decreases. First 100% of the LS Pie and then a decreasingly smaller percentage.

Isn’t that how it works here in NA, too? :wink: :slight_smile:

In addition to that, read some more of the articles I translated, it’s all there! :slight_smile: :wink:

Ah, so.

I must modify somewhat my verbiage.
While “shill” was becoming obvious, “stooge” is now the more appropiate term.

When anyone with a vested interest and a plan sends out e-mails to the “shills” who post it (as on this thread) without, and I say again for possible penetration, WITHOUT saying who it was from, that shifts the entire process into the “stooge” category.

While I was careful before, dealing with the obvious “shill” input, this is now so far out there I have just re-opened my database of people not to deal with, and added a few names.

Without any idea as to the plan, the big picture, who gets what, you just pass it along.

"The Wöhrl deal for LGB has reached a critical point as Deutsche Bank and Goldman Sachs have made last-minute demands on Wöhrl, demands that may be a deal breakers

You can help by generating another e-mail campaign directed to Dr. Schürenkrämer at Deutsche Bank.

([email protected])

We should tell him that we think the the Wöhrl offer is good for Deutsche Bank. And that the Wöhrl offer is far better for the employees, which, in the long term is also good for Deutsche Bank.

I have been told that the banks will meet tomorrow (Wednesday) to make a final decision. So speed is essential. Please e-mail tonight.

Jack Barton “the kollector”

Last edited by Jack Barton (Yesterday 15:04:56 MST)"

HJ,

Your theory works well, as long as you assume that the large scale pie did not grow after 1968 and the prices (value) did not grow after 1968. Percentages are great plaything! I was taught that I could make them do anything I wished as long as I could define the parameters.

I recall a newspaper article where all the local teachers were called to attend meeting with a single agenda item. They announced that 52% of the members present were for a labor negotiation request. They failed to mention that over 50% of their members chose not to attend and in reality less than 25% were “for” since the no-shows were really “no” votes. Great fun!