Auto biographie – Pour l’amour de Fritz Broché – 10 avril 2009
de Arlette Schlumpf (Auteur), Bernard Reumaux (Collaborateur)
• Broché: 352 pages
• Editeur : La Nuée Bleue (10 avril 2009)
• Langue : Français
• ISBN-10: 2716507473
• ISBN-13: 978-2716507479
• Dimensions:24 x 2.6 x 15 cm
A summary and review by Gijsbert-Paul Berk
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The troubles began in June 1976. The revenues of the Schlumpf wool mills had dramatically diminished as a result of the price war caused by the competition low wage countries such as China. Early that month Fritz and Hans tried to persuade the Société Générale Alsaciènne (Sogénal) to extend their credit with 5 million FRF. But the bank refused. Then, after June 15 a number of checks issued by the Schlumpfs bounced, as they were not covered. This was the beginning of the end. On June 29 the Schlumpf Group was placed under receivership, as it could not meet its financial obligations.