A Salute to the Levine’s

Truly Great American Corporate Citizens

WAXHAW:
Friday, February 18th, 2011
by John Tiley

One of our few remaining landmark American Corporations is once again in the news this week. With all of the other distractions you may not have noticed that Family Dollar, the hugely successful local company built by the Levine folks (just down the road in Matthews), is the subject of two major stories. On the positive side, CEO Howard Levine has given the Red Cross one of the largest gifts it has ever received. A $250,000 challenge grant!

On the other hand, those wonderful folks from Wall Street have sniffed out another opportunity to raid yet another company worthy of being stripped of mega profits and are initiating a whopping $7 billion bid for Family Dollar!

Both stories are posted in the Observer and can be found as follows:

The Red Cross Story (the more important story by my way of thinking and posted as a by line). Well written by By Mark Price, the article “Family Dollar CEO comes to the rescue of Red Cross” can be found here:
And the second story, “Stock soars as Family Dollar waits” can be found here:

The Levine’s deserve a lot of credit for being able to, to date at least, fend off such offensive take-over maneuvers, all while maintaining excellent growth and profitability. Remaining in standing as one of the leaders in American Corporate Citizenship. This stature needs to serve as a reminder that America was built on the backs of such business leaders as the Levine’s and before the Wall Street folks discovered how profitable raiding and stripping the guts out of American Corporations was,

companies proliferated the American landscape employing Americans and providing for Americans. All very much like the dynasty that the Levine Folks have built. Perhaps I am showing my age, but I feel privileged to have lived and worked in those times and for those people. And I hope that the likes of the Levine’s will prevail. Because we really need to invest more of that type of Citizenship back into America if we have any hope of ever recovering from the damage done to our country.

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A Salute to the Levine’s Truly Great American Corporate Citizens

A Salute to the Levine’s

Truly Great American Corporate Citizens