Sunday, February 1, 2009

TROUBLE IN IRELAND

If you own any Waterford Crystal hold on to it because it might have gone up in value. The company in Waterford Ireland that makes this beautiful and expensive crystal has been closed by bankruptcy officials because it is debt-crippled. The factory was shut down Friday provoking a furious response from workers who jostled security guards and vowed to stay in the world famous workplace indefinitely. Union leaders warned that more that 200 workers would refuse to leave the factory located in the city of Waterford until the receivers handling Waterford Wedgwood PLC's bankruptcy proceedings reversed the decision to close the factory.
Another old landmark hit by today's economy.

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