And the smack down begins
Jane, care to give us a hint?
Yeah, good luck Hovensa!
Notice we're all paying less for gas?
They knew the writing was on the wall.
Plus, you can't get blood from stone.
The operating agreement with ABR was severely flawed. IMO.
Hmmm, can a territory declare bankruptcy?
I'm sure it can.
Hovensa will definitely get blood from the stone. Notice they filed in both Federal and territorial court.
Maybe we should learn something from having one industry, that pollutes the environment and has such a trenchhold that an entire island depends on them. Maybe it should be a lesson learned.
Alana, we can definitely learn something... but it definitely hasn't been learned in the past 2 years. No one has come up with any other kind of industry to replace Hovensa.
cities in california can and have declared bankruptcy. it is not like hovensa will collect anything
It really horrible living on an island with a middle class and not living off the tourism teat
/sarcasm
Alana, we can definitely learn something... but it definitely hasn't been learned in the past 2 years. No one has come up with any other kind of industry to replace Hovensa.
It will never be learned. History shows that.
Well if Detroit can do it....
Those that do not study history are doomed to repeat it.
cities in california can and have declared bankruptcy. it is not like hovensa will collect anything
Maybe not. But the GVI definitely will not. The 2015 budget is made from anticipated Hovensa revenues that they will not realize. How is the GVI going to make up that payroll shortage?
Not to mention all the new hires.
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