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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (14466)	2/5/2002 12:00:33 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

<Hopefully deals work out well for both sides but of course they don't, always. So when a deal goes bad for someone, even though you feel bad for him/her, your duty is to your own side. When a deal goes bad, you hire me to make him pay, and if he won't pay, I garnish his bank accounts, and have the sheriff seize his property and auction it off, and if that means evicting him, so be it. I don't send him Christmas cards. Your wife is a nice lady, and I am a bitch, and between all of us, we make the world go 'round. Honey usually works better than vinegar, but sometimes honey isn't enough. > CB, I don't see any incompatibility between being nice and enforcing contracts. I've enforced heaps of contracts and almost invariably, with the right discussion and persuasion, [including stopping supplies, serving of winding up notices etc], people will pay their bills [especially if credit control is tightly-managed so problems don't arise or get big in the first place]. Respect and good manners always goes a long way, even in the worst of situations with the worst of debtors. I learned a surprising [to me] thing early on; debtors often blame the creditor for getting them into the financial mess. Amazing but true. Even if the creditor didn't know and tried to prevent the debtor getting product [they sneakily get operations staff to make deliveries and all sorts of promises are made and lies told to get more credit]. It's part of that instinctive 'possession is 10 points of the law' drive which humans [and all animals] have. It is much, much tougher to tidy up a mess than to prevent it going bad in the first place, so I can see that being the lawyer and seeing the debtors only when they show up after a summons would mean the 'nice' possibilities of the transaction are thin on the ground. Maybe if your self-image didn't include that description, you'd be happier and not need the serotonin re-uptake inhibitors, even on a temporary basis. You don't seem to need that part of the self-image [you seem to know enough to do the job without acrimony]. Anyway, while ranting, the Nikkei has fallen to avoid the Dow getting below it [markets, like evolution, with intention... hahaha!!]. Mqurice