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$5.6 million tax lien filed against Ethan Allen

Full story: NewsTimes.com

A $5.6 million federal tax lien has been placed against Ethan Allen Global, Inc.

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Between the Lines

New Milford, CT

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#1
Nov 18, 2008
 
Way too much spin. Sounds like they are going under. Check back later.
chaz from redding

Exeter, NH

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#2
Nov 18, 2008
 
Give me a break. This company is well run and profitable even in these times. The News Times does its normal hatchet job stringing together a bunch of nothing making it look like fire. If they were doing poorly the last thing they wouldn't pay is payroll taxes. These are an administrative problem from 2005 and have no bearing on the companies performance now. All stores are down the fact that they are profitable counts more than anything. I'd like to see News Times do the same hack job on their own operations, it would be abyssmal.
chaz from redding
Hank

Burlington, VT

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#3
Nov 18, 2008
 
chaz from redding wrote:
Give me a break. This company is well run and profitable even in these times. The News Times does its normal hatchet job stringing together a bunch of nothing making it look like fire. If they were doing poorly the last thing they wouldn't pay is payroll taxes. These are an administrative problem from 2005 and have no bearing on the companies performance now. All stores are down the fact that they are profitable counts more than anything. I'd like to see News Times do the same hack job on their own operations, it would be abyssmal.
chaz from redding
It isn't well run if they aren't paying their payroll taxes.
Nemesys

Danbury, CT

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#4
Nov 18, 2008
 
Ethan Allen has shut down several showrooms and is going through hard times. Since the cycle started over 3 years ago, it's not reasonable to assume that it is a result of the current economy, but they're simply being eroded by an old business model combined with aggressive new competition. I don't think they'll go under, but they ain't what they used to be.

But you're right... the News-Times is going through the same thing, but who would report on it?
Mike Lowery

Danbury, CT

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#5
Nov 18, 2008
 
chaz from redding wrote:
Give me a break. This company is well run and profitable even in these times. The News Times does its normal hatchet job stringing together a bunch of nothing making it look like fire. If they were doing poorly the last thing they wouldn't pay is payroll taxes. These are an administrative problem from 2005 and have no bearing on the companies performance now. All stores are down the fact that they are profitable counts more than anything. I'd like to see News Times do the same hack job on their own operations, it would be abyssmal.
chaz from redding
"Chaz" Everything That You've Said About The "NT" Was Well Said.Thank You!"NT" If You Really Want To Do Some Hacking,Let's Start With The Side Door Of Your Building Where Drugs Are Being Sold By Your Employees."That Right" They pull Into The Parking Lot And Wait For Your Employees To Serve Them...And I Bet You Think It's The Guys But NO!! Ladies Put Your Hands Up!Oop My Bad LOL M.P.- Now Call The D.P.D.On Yourself And If You don't Like It I'll Call You Uot Too!LOL
Mike Lowery

Danbury, CT

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#6
Nov 18, 2008
 
So The Newstimes Is The #1 Dealer On The Block.."NEWS FLASH" Get Your Paper And Drug Of Your Choice...2 For $30
zone

Londonderry, NH

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#7
Nov 18, 2008
 
Many a craftsman, now losing regular employment, may now find opportunities
building and selling their own furniture, rather than working for a foreign company.
Mike Lowery

Danbury, CT

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#8
Nov 18, 2008
 
Nemesys wrote:
Ethan Allen has shut down several showrooms and is going through hard times. Since the cycle started over 3 years ago, it's not reasonable to assume that it is a result of the current economy, but they're simply being eroded by an old business model combined with aggressive new competition. I don't think they'll go under, but they ain't what they used to be.
But you're right... the News-Times is going through the same thing, but who would report on it?
Why Don't They Try Writing About All Of The Drugs Dealing Going On In "NT" Parking Lot.This One Goes Out For The People The "NT" F%# Over...LOL.Take That To Your Press!!
lululu

Greenwich, CT

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#9
Nov 18, 2008
 
CEO of Ethan Allan spoke in May, 2008 to the WSCU undergraduates and pointed to his successful headquarters beyond the Danbury tree full mountains. Economic students need to reflect on the saying "can't tell the forest from the trees". The markets are begging the question, do we have an economy?
Madhatter

Sebastian, FL

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#10
Nov 18, 2008
 
Ancell School of bussiness will have a name change soon.
Dick Army

Lancaster, PA

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#11
Nov 18, 2008
 
Why don't they just jump on the bailout bandwagon!
Dick Army

Lancaster, PA

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#12
Nov 18, 2008
 
What?
They got something against being named Richard here?
GW not

New Milford, CT

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#13
Nov 18, 2008
 
George Bush is to blame for this as well. Him and that damned VP of his.
LetGoFromEthanAl len

Wallingford, CT

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#14
Nov 18, 2008
 
"the company is well run..." give me a break, their letting staff go left and right over there... I'm one of them.... and let me tell you, just like most business in america, 1/2 their furniture is made out of the country, Canada or China, then stamped with their logo and said made in the USA, F*&K them!!! Let them go under!
Frank

Burlington, VT

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#15
Nov 19, 2008
 
Madhatter wrote:
Ancell School of bussiness will have a name change soon.
Change to The Unaccredited Business School. What a flop.
Marta

Burlington, VT

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#16
Nov 19, 2008
 
Farooq is a big jerk. The whole place is going down the drain.
Henry

Burlington, VT

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#17
Nov 19, 2008
 
Steve Bull says they "make the best furniture in the world." That's real bull. They make junk.
jones

Philadelphia, PA

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#18
Nov 19, 2008
 
I heard they don't pay their payroll taxes in China either.
the o factor

New Milford, CT

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#19
Nov 19, 2008
 
Now thats change we can believe in!
gary

Kirkland, WA

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#20
Nov 19, 2008
 
ethan allen is to stupid to notice that the people they have running their districts around the US are completely incompetent. the only people they let go are the ones who actually do the work and understand business. ethan allen will go under due to their stupidity. maybe the SEC should look into the business practices. SOX laws are being violated left and right. maybe we should just call them "enron"

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