Phil-I hope the moderators will let this run in here for one more round. Thank you for your informative and gracious response. What you say is (unfortunately) completely plausible. When these financial games are so typically played somebody forgets or, more likely, doesn't care, that people's livelihoods and lives are fundamentally affected by "rational" decisions. I drove through Camillus this morning and the whole village looks grim with only the office and part of another structure remaining and a "for lease" sign prominently displayed. If the late nineties I was privileged to be part of a small, very rare, three-hour tour of the factory. It was obvious that we were in a very old factory with less-than modern equipment for the most part. The working conditions seemed less than ideal but struck me was how enthusiastic each of the workers was about describing and demonstrating his or her repetitive tasks in the construction of these objects that are so meaningful to us enthusiasts. One man didn't acknowledge us because he was occupied feeding three automatic blade grinders, continuously rotating his body within the circle defined by the machines. I tried to watch his hand movements but they were so fast that I couldn't figure out what each accomplished. It was exhausting just watching a couple of minutes of his working, let alone an hour, a day, a week, or a lifetime...
The company's demise was, as you've said, an incredible waste of so much accumulated knowledge and talent, not to mention jobs that supported families, however marginally. When the auctions happened, even though I knew there would be interesting knives and good bargains, I couldn't bring myself to drive the fifteen minutes to attend. It would have been too sad and depressing. I'm sure I've not told you anything new here.