Why Comerica Bank Sucks III
After two investment firms failed to negotiate new terms with Comerica bank and executives of Norwalk Furniture, the 106 year old company is now history. Several thousand people are now without a job in several states. Of all the financial institutions that have gone under, Comerica bank should've been the first.
The only hope left for the now former Norwalk Furniture employees is that a new furniture company comes in and buys the company. I'm going to assume that if a new company purchases Norwalk Furniture, it will be for the name and the buildings will remain empty. If a new company would decide to resume production at the facilities, I'm sure the wages will be considerably lower.
I can only hope for the best for the employees.
Previously:
