ClosedCaption
Diamond Member
- Sep 15, 2010
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Remember this guy?
Heres the back story: The CEO of a massive timeshare company sent an email about the upcoming election to his employees yesterday, threatening to fire some of them if President Obama wins re-election.
To All My Valued Employees,
“As most of you know our company, Westgate Resorts, has continued to succeed in spite of a very dismal economy. There is no question that the economy has changed for the worse and we have not seen any improvement over the past four years. In spite of all of the challenges we have faced, the good news is this: The economy doesn’t currently pose a threat to your job. What does threaten your job however, is another 4 years of the same Presidential administration. Of course, as your employer, I can’t tell you whom to vote for, and I certainly wouldn’t interfere with your right to vote for whomever you choose. In fact, I encourage you to vote for whomever you think will serve your interests the best.”
“So where am I going with all this? It’s quite simple. If any new taxes are levied on me, or my company, as our current President plans, I will have no choice but to reduce the size of this company. Rather than grow this company I will be forced to cut back. This means fewer jobs, less benefits and certainly less opportunity for everyone.”
But as things turned out, not even two full years after Obama’s reelection, the Orlando, Florida-based David Siegel is not only still in business, the Westgate Resorts CEO is doing so well that just in recent months he bought himself a Las Vegas hotel-casino, the Cocoa Beach Pier, and an Arena Football League franchise, The Orlando Predators.
The 79-year-old Siegel took a huge financial hit in the economic meltdown of 2008, seeing his personal net worth drop from an estimated $1 billion — he claimed it to be $1.8 billion — in 2007 to $100 million today.
He and his wife Jackie Siegel were the subjects of a highly critical documentary, The Queen of Versailles, which chronicled their attempt to complete construction on their new home — at $75 million the most expensive single-family home in the country, at the time. They never finished building their “Versailles,” though reportedly, Siegel is now resuming work on his 90,000 square-foot palace.
Read more at Remember CEO David Siegel Who Said He d Fire Everyone If Obama Won Here s The Rest Of That Story
Heres the back story: The CEO of a massive timeshare company sent an email about the upcoming election to his employees yesterday, threatening to fire some of them if President Obama wins re-election.
To All My Valued Employees,
“As most of you know our company, Westgate Resorts, has continued to succeed in spite of a very dismal economy. There is no question that the economy has changed for the worse and we have not seen any improvement over the past four years. In spite of all of the challenges we have faced, the good news is this: The economy doesn’t currently pose a threat to your job. What does threaten your job however, is another 4 years of the same Presidential administration. Of course, as your employer, I can’t tell you whom to vote for, and I certainly wouldn’t interfere with your right to vote for whomever you choose. In fact, I encourage you to vote for whomever you think will serve your interests the best.”
“So where am I going with all this? It’s quite simple. If any new taxes are levied on me, or my company, as our current President plans, I will have no choice but to reduce the size of this company. Rather than grow this company I will be forced to cut back. This means fewer jobs, less benefits and certainly less opportunity for everyone.”
BUT NOW!!!
Remember CEO David Siegel Who Said He d Fire Everyone If Obama Won Here s The Rest Of That Story
But as things turned out, not even two full years after Obama’s reelection, the Orlando, Florida-based David Siegel is not only still in business, the Westgate Resorts CEO is doing so well that just in recent months he bought himself a Las Vegas hotel-casino, the Cocoa Beach Pier, and an Arena Football League franchise, The Orlando Predators.
The 79-year-old Siegel took a huge financial hit in the economic meltdown of 2008, seeing his personal net worth drop from an estimated $1 billion — he claimed it to be $1.8 billion — in 2007 to $100 million today.
He and his wife Jackie Siegel were the subjects of a highly critical documentary, The Queen of Versailles, which chronicled their attempt to complete construction on their new home — at $75 million the most expensive single-family home in the country, at the time. They never finished building their “Versailles,” though reportedly, Siegel is now resuming work on his 90,000 square-foot palace.
Read more at Remember CEO David Siegel Who Said He d Fire Everyone If Obama Won Here s The Rest Of That Story
