Wednesday, June 24, 2009

RE: The Economy...

When the economy was good, how much of his profits on his investments did he share with you?
 
Bill Sherman
CH2M HILL / DEN
720-286-2792
 


From: David Fisher [mailto:dfisher@fpse.com]
Sent: Wednesday, June 24, 2009 3:45 PM
To: seaint@seaint.org
Subject: The Economy...

There seems to be little discussion of the current global economy

And its impact on the structural engineering business…other than Bill

P.’s ongoing employment travails.

 

My hope is that this is because the members of this list have not

Been overly effected by things.

 

At any rate, I received a letter from a client that owes me $50,000.00 yesterday.

After spending the better part of the page reminding me that we are in the worst

Economy since the Great Depression, he closed with:

 

I am currently reviewing our outstanding accounts with you and will

follow up with a letter of status on each project. However, with the

projects that have failed, are in foreclosure or will be impossible to collect,

I am requesting that you write off and forgive the debt."

 

 

 

David L. Fisher SE PE

 

Fisher and Partners - Cayman

372 West Ontario Chicago 60610

75 Fort Street Georgetown Grand Cayman BWI

319 A Street Boston 02210

 

312.573.1701

312.573.1726 facsimile

312.622.0409 mobile

 

www.fpse.com