Comments on: The Bottom Line Is the Bottom Line https://boiseguardian.com/2007/11/18/the-bottom-line-is-the-bottom-line/ A different slant on the news. Mon, 19 Nov 2007 15:53:25 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: BoiseGuy https://boiseguardian.com/2007/11/18/the-bottom-line-is-the-bottom-line/#comment-6862 Mon, 19 Nov 2007 15:53:25 +0000 https://boiseguardian.com/wp/?p=788#comment-6862 It would be interesting to know how many current (new) residents in our faire city have no idea what or who MK, Bill Agee, etc. are.

Times change and I’m not sure what to do about it all. It’s funny how you talk about before Boise Town Square Mall existed and people look at you like it was 100 years ago…

]]> By: eric https://boiseguardian.com/2007/11/18/the-bottom-line-is-the-bottom-line/#comment-6861 Mon, 19 Nov 2007 10:47:22 +0000 https://boiseguardian.com/wp/?p=788#comment-6861 You are correct. MK went bankrupt once (1996) and WGI went bankrupt once a couple of years later. In both cases the holders of common stock were largely blown off.

The first was due, in my opinion, to Agee mismanagement and a Board of Directors (Peter Lynch et al.) who did not provide adequate oversight. The second was due to a large acquisition gone wrong. Now, the only link to the MK of old is the presence of many of the fine employees who managed to survive those years. It would be interesting to know how many of the current Boise employess date back more than 12 or 13 years.

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