Thread regarding Chicago Bridge & Iron layoffs

Cbi will dissolve. Read

Very good source stated MDR was able to secure loans to negotiate lower payoffs. Share the profits with execs from both companies. Sell tech. Payoff debts and net over a billion. Cbi will then be dissolved. It’s a perfect plan to get the execs rich and get rid of all debt. Depression has set in.

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That does sound like a possibility. The CB&I guys already got paid for the sale don’t think for a min they did not. There was no way the tech sale was going to do enough CB&I was in too big a hole, it still had to be viable, the writing was on the wall and they bailed. Get out now and find work anywhere else because it’s onky a matter of time.

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Nothing is off the table with CB&I these days. In fact, CB&I is a very toxic company, be it finances, personnel, or legal issues. Whatever rolling our in the future will be very interesting to the workers.

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Loser huh. I’m not kidding. Why would a bank give a loan to turn bad debt into good debt to the tune of 2 billion without a plan for payback. You believe they will loan that kind of money based on cbi’s Track record? The source is a sr. vp.

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Very good source again. Get lost loser

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