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Thread: An Interesting Gibson Read....

  1. #1
    wood butcher Spruce's Avatar
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    Default An Interesting Gibson Read....

    Here ya go...

    "Moody’s is giving a shout out to anyone who owns Gibson Brands’ corporate debt and letting them know that they consider the creditworthiness of the company as a whole (not just a specific bond) has gone from junk to a little junkier junk due to the fact that they’re outta cash and owe a lot of money to other people.
    Oh, and things look like they’ll get worse."



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  3. #2
    Loarcutus of MandoBorg DataNick's Avatar
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    Default Re: An Interesting Gibson Read....

    Times are tough all over...
    1994 Gibson F5L made by Bruce Weber's team


    "Mandolin brands are a guide, not gospel! I don't drink koolaid and that Emperor is naked!"
    "If you wanna get soul Baby, you gots to get the scroll..."
    "I would rather play music anyday for the beggar, the thief, and the fool!"
    "Perfection is not attainable; but if we chase perfection we can catch excellence" Vince Lombardi
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  5. #3
    Lurkist dhergert's Avatar
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    Default Re: An Interesting Gibson Read....

    Hmmm, not surprising, but not really what I wanted to hear.

    Better get those DH's while we can.

    -- Don
    -- Don

    "It is a lot more fun to make music than it is to argue about it."

    2002 Gibson F-9
    2016 MK LFSTB
    1975 Suzuki taterbug
    (plus a large assortment of banjos, dobros, guitars, basses and other noisemakers)
    [About how I tune my mandolins]
    [7/29/2019 -- New Arrival!!!]

  6. #4
    Moderator MikeEdgerton's Avatar
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    Default Re: An Interesting Gibson Read....

    The actual Moody's report is here.

    The Blog this apparently is from is here.
    "Bargain instruments are no bargains if you can't play them". These are the words of J. Garber.

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    Spruce 

  8. #5
    Registered User Timbofood's Avatar
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    Default Re: An Interesting Gibson Read....

    Too long winded and annotated for me.
    I'm not buying anything, until the wolf at the door has pups and I can sell a few, anyway.
    Timothy F. Lewis
    "If brains was lard, that boy couldn't grease a very big skillet" J.D. Clampett

  9. #6
    Full Grown and Cussin' brunello97's Avatar
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    Default Re: An Interesting Gibson Read....

    How much of "Gibson Brands" is the stuff of interest around here? Beyond mandolins, I mean, which are understandable a microdot of the business....

    Any idea of how much of the debt is related to Philips, TEAC and Onkyo?

    Mick
    Ever tried, ever failed? No matter. Try again, fail again. Fail better.--Samuel Beckett
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  11. #7

    Default Re: An Interesting Gibson Read....

    <violates forum posting guidelines>

    - Topics started for or end up being used to discuss religion, politics or sex as well as other hot button issues meant to create discord are prohibited. Posts or threads deemed inappropriate or unrelated to our subject matter are subject to immediate removal at the discretion of the forum owner and/or lead moderator.
    Last edited by Mandolin Cafe; Sep-28-2016 at 8:12pm.

  12. #8
    Lurkist dhergert's Avatar
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    Default Re: An Interesting Gibson Read....

    <violates forum posting guidelines>

    - Topics started for or end up being used to discuss religion, politics or sex as well as other hot button issues meant to create discord are prohibited. Posts or threads deemed inappropriate or unrelated to our subject matter are subject to immediate removal at the discretion of the forum owner and/or lead moderator.
    Last edited by Mandolin Cafe; Sep-28-2016 at 8:12pm.
    -- Don

    "It is a lot more fun to make music than it is to argue about it."

    2002 Gibson F-9
    2016 MK LFSTB
    1975 Suzuki taterbug
    (plus a large assortment of banjos, dobros, guitars, basses and other noisemakers)
    [About how I tune my mandolins]
    [7/29/2019 -- New Arrival!!!]

  13. #9
    Administrator Mandolin Cafe's Avatar
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    Default Re: An Interesting Gibson Read....

    Enough political comments. Pretty sure everyone is getting enough of that in their hourly diet 24/7. If you can't keep it off the forum move on to somewhere else. We'll tolerate no more.
    Last edited by Mandolin Cafe; Sep-28-2016 at 8:29pm.

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