A Chat with John Economaki, Founder and President, Bridge City Tool Works

One of the customers that we had was Andy Rooney. His son was also a woodworker. He was working down at ABC in Los Angeles, and he called me and said he was grateful to get a copy of the letter and they were putting a story together that talked about the impact of the savings and loan debacle on small business in America. He said they knew there were over 200,000 companies that were put out of business because of this unilateral decision by the federal regulators to not let the banks go the same way as the savings and loans. And he wanted to know if we wanted to be the lead-off story on the ABC evening news with Peter Jennings. I said, "Sure, I don't care."