Showing posts with label waterford. Show all posts
Showing posts with label waterford. Show all posts

Tuesday, January 6, 2009

Waterford/Wedgewood/Royal Dalton?

My first thought when hearing the news that Waterford, Wedgewood and Royal Dalton filed for bankruptcy protection in Ireland was what's this gonna cost me?

Infrequently, I react to bad news in the negative, and this was one of those times.

Apparently, the three companies were purchased by two rich brothers who overpaid and saddled the company with too much debt (sound familiar?). The slow down in the economy slowed worldwide sales and it became impossible to meet the debt service. Now they seek someone richer and smarter to buy them out. In the mean time, the combined company is continuing daily operations. (Much relief)

I was temporarily overcome with the notion that I would immediately have to take in a lifetime supply of glassware for not only my own household, but those of all my descendants, born or planned.

Since I won't have to, at least immediately, I am willing to write the bankruptcy judge extolling the virtues of the petitioners products, especially as vessels for Redbreast Irish Whiskey. In fact I may invite him over to personally observe how magnificently a Waterford goblet refracts the amber liquid and background fireplace. As long as he had come that far, it would be inhospitable of me to not at least offer a wee dram, so he could tell for himself. May change the course of history.

Toad