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| Originally Posted by Yachtguymke Anyone have any Great/Terrible experiences in dealing with Bassett Boat Company? I have heard that there has been a "Shakedown" in Management and that the dealership may not recover from this. I have a customer looking to purchase one of their Viking Sport Cruisers and am just doing a little "Due Diligence...." |
A "Shakedown", as I understand it, is to extort money from someone by using threats, which in this case might go like, " If you don't improve the bottom line, Perkins, we'll short your paycheck by five large." That's plausible in this dog-eat-dog era.
Unless, of course, what was really meant was a "
Shakeout", which is usually defined as a major change in an organization resulting in some streamlining.
Either way, one could argue that Perkins became, as they say, history.