Quote of the Day Archive
23. The acts and practices of respondent as alleged in this complaint constitute unfair or deceptive acts or practices in or affecting commerce in violation of Section 5(a) of the Federal Trade Commission Act."
-FTC
ruling against The Stanley Works
-Docket: C-3876
-George D. Carey, Trial Judge
-MAC
v. Griffin
"No start is considered complete until the goals are met regardless of the time period. If this approach makes you uncomfortable, consider what it will do for your new distributor. You are making a commitment to his success by establishing these goals and guaranteeing their completion before before his initial training period is finished."
- MAC Tools internal District Manager training manual
-(Section TR 2: Training)
-Phil McNeil in a letter to MAC April 21, 1999
-George D. Carey, Trial Judge
-MAC
v. Griffin
"The evidence shows that Mac enticed new and unsophisticated distributors into the business with misleading information and pie-in-the-sky projections"
-George D. Carey, Trial Judge
-MAC
v. Griffin
"Mac violated the consumer protection act by representing to Griffin that its training, support, and collection services to distributors had uses and benefits which in fact did not exist."
-George D. Carey, Trial Judge
-MAC
v. Griffin
"It is difficult to fathom why a company that has a deserved reputation for manufacturing high-quality products would be willing to treat its primary customers -- the local distributors--so shabbily."
-George D. Carey, Trial Judge
-MAC
v. Griffin
"Mac is a multi-million dollar company with many distributors, and only a large award of exemplary damages will deter it from similar conduct in the future."
-George D. Carey, Trial Judge
-MAC
v. Griffin
"The evidence shows that Mac routinely failed to honor its promises of support."
-George D. Carey, Trial Judge
-MAC
v. Griffin
-George D. Carey, Trial Judge
-MAC
v. Griffin
"Needless to say, it is my conviction that the jury verdict did not result from passion or prejudice against Mac but from a sober and rational assessment of the evidence"
-George D. Carey, Trial Judge
-MAC
v. Griffin
-George D. Carey, Trial Judge
-MAC
v. Griffin
"Mac represented its training, support and collection services to be of a standard and quality which in fact did not exist."
-George D. Carey, Trial Judge
-MAC
v. Griffin
-John
Trani
-CEO, The Stanley Works
"Mac Tools continues to be a viable opportunity if you follow the plan. Most importantly Mac Tools remains very committed to the success and profitability of its independent traditional distributors.
Mass
mailing by Steve Eyre,
Regional Manager for MAC Tools
-Paul Marier, retired vice president for human resources, The Stanley Works.
Mr. Marier was critical of the lucrative pay scheme that CEO John Trani secured from Stanley.
"In a time of universal deceit telling the truth is a revolutionary act"
"To be recognized as a world leader, our facilities must become the model for environmental stewardship and for safety in the workplace."
John Trani in a SWK press release
"If you grow the organization and the business, then it sustains itself long after you leave, And if you look at what leaders do, in the end if they leave a legacy, then they've done something, and if they don't then it's just footprints in the sand."
"Or, you might remember it as the year that Stanley Works of New Britain - after receiving $4.4 million[In corporate welfare] and paying CEO John M. Trani over $12 million in compensation - laid off 400 workers while moving jobs out of the country."
UAW commentary on "Corporate Welfare" and the loss of American jobs
"Frankly, what I love about tools is that they generate a lot of money."
"It’s not about the money. It’s about going home and feeling like you have done something that’s pushed the ball forward..."
"I was brought up in a way that drives me to succeed in a nice, gentlemanly way."
"We’ve had a history of taking an individual without the proper skills and putting him into a role that perhaps he couldn’t do."
"Our MAC business has had difficulties recently...."
-John Trani
Goodnews letter #14 Inter-office memoranda, June 2/2000
"There are a few tenets that I believe in. One of them is ‘measure it, and it will get better.’ While you can’t measure everything, whatever you do measure,so long as you give the people the measurements,will get better"
"Increases in sales of consumer products and some industrial goods were offset by a significant decline in sales of industrial tools."
The
Courant top 100 (by size)
June 7, 2000
"If the plan that was laid down for you at the outset of your business has been followed by your self, there should be no reason to re-finance. in my experience I have found that some Distributors abuse the bank line of credit to enhance their lifestyle, so to that point, some of the problems are self inflicted."
Steve Eyre, Regional Sales Manager, Mac Tools
"Everything Mac Tools does is wonderful"
Kenny Bernstein, King of Speed
-www.mactools.com
fan club press release.
"It's something that over the last couple of years has been occurring at our plants worldwide"
Vance Meyer, Stanley spokesman on yet another plant closure in Virginia and the job loses that been a result.
"Dear Mr. McNeil:
...Stanley Works is involved in a case where a small portion of a waste shipment that it exported to a Canadian disposal facility was subsequently determined to be contaminated with PCBs....The U.S. Environmental Protection Agency has informed us that enforcement action is being considered....Additional efforts are being made in Canada and the U.S. to reduce and prevent such contaminated shipments."
For YEARS they entice distributors into their "business opportunity" with "pie-in-the-sky projections", and when they introduced Macdirect (to stem the flow of legal claims), they even LOW BALLED THEMSELVES!!!
-Excerpt from McNeil's answer to Stanley's charges in the first ICANN lawsuit
Justice Louis D. Brandeis (1856-1941)
-Steve
Eyre
-Regional Manager-Mac Tools
-Reader who was ferreted out by Stanley's attorneys, who won the right to his private information.
-exerpt from Phil McNeil's statement of defense
-Haight, Brown and Bonesteel, one of Stanley's law firms.
"Other potential risks in connection with this licensing agreement include: The failure by Stanley to maintain the integrity and quality of its brand image in the minds of its consumers;"
Document outlining risk factors associated with a Stanley alliance by Jore Corp.
"Today, too small a portion of our products and components are produced in low-cost locations such as China."
MAC China Confirmed by Trani himself!
"Yield to all and you will soon have nothing to yield."
"Never give in, never give in, never, never, never, never -- in nothing, great
or small, large or petty -- never give in except to convictions of honor and
good sense."
Winston Spencer Churchill, address at Harrow School, October 29, 1941
"It's a Poor Stock That Blames Its Tools"
A look at beaten down stocks that just might stay that way, By TheStreet.com
"More than a few smart value investors have been taken for a ride to nowhere
in this stock."
A look at beaten down stocks that just might stay that way, By TheStreet.com
"Of course you know, this means war!"
Bugs Bunny, (1942-present)
"Every freeman has an undoubted right to lay what sentiments he pleases before
the public; to forbid this, is to destroy the freedom of the press; but if he
publishes what is improper, mischievous or illegal, he must take the consequence
of his own temerity."
Chief Justice Charles E. Hughes, 1931
"The common people can be made to follow a path but not to understand it."
"Please note that any opinions, estimates or forecasts regarding The Stanley Works' performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of The Stanley Works or its management."
-The Stanley Works have a disclaimer on their Investor Relations page.
"What does corporate know about how to run a specialized, automotive assembly based tool company?"
-A loyal reader poses an interesting question
"I feel like I'm in the middle of a Fellini nightmare. I keep expecting some guy to shout Anda cutta, thatsa rappa"
-Phil McNeil, referring to slightly twisted film maker Federico Fellini
"Defamation must be a direct attack on an actual reputation, not an alleged reputation that a "victim" believes they deserve. "
-A legal definition of defamation in Canada
Re: Press Release
"Best of luck to you Phil. I hope everything goes your way. I'm rooting for you!"
Todd L. Amprim,
Snap-On Tools
"We can make you very rich men"
-Steve Weddle, recently retired Stanley Vice President and General Counsel talking to lawyers representing 120 claimants as he proposed hiring them away from MAC Tools distributor litigation in 1993. The Oregon Supreme Court disciplinary board suspended two lawyers for their unethical collaboration with Uncle Stanley.
Again, we will not agree to be retained by Mac/Stanley nor will we even discuss such a topic, nor the topic of possible proceedures relating to our representation of future clients until such time as the releases are signed and the money distibuted"
Ethical Lawyer T. Wagner, in a written letter to Mac Tools lawyer Sue Richards after she again tried to hire away distributors lawyers and retain them for Mac.
-This is the same Sue
Richards who attempted to hire
away lawyers that represented 120 Mac dealers.
"The mentality (at Stanley) is turning peoples’ lives upside down," said Pawlak. "There’s a new mindset over there that doesn’t allow the upper echelon to be sensitive to the community or the people who made the company great. It’s disgusting what they’re doing. Morally, their responsibility to their employees and their families is not there."
Mayor Lucian Pawlak of New Britain CT. in an interview with The New Britain Herald, Febuary 16, 2001 concerning yet another round of layoffs by Stanley.