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Go Back   ECCIE Worldwide > Texas > Houston > The Sandbox - Houston
Reload this Page George Zimmer
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The Sandbox - Houston The Sandbox is a collection of off-topic discussions. Humorous threads, Sports talk, and a wide variety of other topics can be found here. If it's NOT an adult-themed topic, then it belongs here

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Old 06-19-2013, 07:05 PM   #1
Jack Kinghoff
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Default George Zimmer
My condolences to brother George Zimmer for getting canned recently.

http://finance.yahoo.com/news/zimmer...181704126.html
http://www.eccie.net/member.php?u=5425

Hell, I always liked the way I looked.
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Old 06-19-2013, 09:11 PM   #2
Dorian Gray
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Damn, George.

Founder. Largest shareholder. But only a 3.5% stake. I know you knew better than that.
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Old 06-19-2013, 09:22 PM   #3
BatteriesNotIncluded
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Always had great hairpieces to go with the suits lol. MW has sucked lately in their offerings. He should start a new chain.
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Old 06-19-2013, 09:34 PM   #4
George Zimmer
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Ill make them all pay, I guarantee it!
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Old 06-20-2013, 01:57 AM   #5
kerwil62
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Damn that's fucked up. Fired from a company you founded.....
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Old 06-20-2013, 06:59 AM   #6
DarthMaul
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It almost seems like their suits are more "high end" now but they offer more casual clothing. Nice stuff too!!
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Old 06-20-2013, 08:15 AM   #7
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Ever watch Meet Joe Black? Owner/founder of briar sat station gets fired by his own board. It happens. "A golden parachute the magnitude of which your feet will never touch the ground".
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Old 06-20-2013, 12:02 PM   #8
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Damn that's fucked up. Fired from a company you founded.....
It happens all time, happened to me.
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Old 06-20-2013, 04:07 PM   #9
proudoftexas
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Uh...Steve Jobs anyone? Surprised no one else mentioned it. Plenty of others, but at this point, I doubt there's a more famous example.

If you don't control 50.1% of the shares, it's always a danger. Even then, if someone else can call a debt payment to bankrupt the company or force a change, 50.1% of the shares doesn't help from a practical perspective.

In any case, it certainly happens.
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Old 06-20-2013, 04:42 PM   #10
blowpop
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That's why you always keep controlling interest. Go under 50%, and you can't guarantee control.
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Old 06-20-2013, 04:51 PM   #11
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I used to work as an associate at one of his locations. Nice guy. I grew up watching his old school commercials where he stands in between two suits showing how much you'd save. I'm sure he'll pick himself up from this drag down.
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Old 06-20-2013, 11:43 PM   #12
George Zimmer
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Old 06-21-2013, 12:34 AM   #13
Abigail (Source of JOY)
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I used to work as an associate at one of his locations. Nice guy. I grew up watching his old school commercials where he stands in between two suits showing how much you'd save. I'm sure he'll pick himself up from this drag down.
Agree!! I had the pleasure of visiting with him when I sold a major contract to Men's Wearhouse here in Houston. Extremely smart and savvy businessman!! No doubt he will recover easily.
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Old 06-21-2013, 05:58 AM   #14
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But he is old, does he have the energy to start over.
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Old 06-21-2013, 06:47 AM   #15
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But he is old, does he have the energy to start over.
I am sure he is not wanting for cash.
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