I gaze back at 2008 in amazement: a borderline recession until September, then a cataclysmic series of events that saw old institutions “wamoose,” investment banks fail and the U.S. government acquire the trappings of a mutual fund.
Northwest Pipe Company president Brian Dunham says that during past recessions, the firm’s chairman has joked that they should have bought a company plane — if only so they could sell it and cut costs when times were tough.
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