"Businesses encounter more late payments" by Reuters | August 28, 2008
Corporate America is having the hardest time getting its customers to pay their bills since the US recession in 2001, according to a study released yesterday.
Well, FUCK THEM!!!!
The hardest-hit industry was tobacco. Makers of cigarettes and other tobacco products, including Altria Group Inc. and UST Inc., saw a 30 percent surge to a median of 26 days to collect.
Sorry, what you say? I was taking a cigarette break.
Next came the oil, gas, and consumable fuels industry - such companies as Exxon Mobil Corp. and Chevron Corp. - with the sector up 21 percent to 42 days.
See: How-to-Guide for filling up at the pump
The third biggest increase came among makers of electronic equipment and instruments - including Amphenol Corp. and Vishay Intertechnology Inc. - collectively up 15 percent to 63 days.
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Checks in the mail (click)!
