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Old 12th December 2007 | 18:35
  #32 (permalink)  
L-38
 
Joined: Oct 2007
Posts: 287
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From: KLAX
Beg to differ, layinlow.
GE was a partner (49%) with Uncle Ned from the beginning - thru a partnership with Polaris Leasing, a subsidiary of GE.

Because FedEx was moving in a different direction with their acquisition of Tiger's at the time, Ned then tried to copy old Flying Tiger's with every detail inclusive of routes ect - right down to their logo (he used a a rope circle "P" instead of the Tiger's rope circle "T"). . . . Uncle Ned defaulted on a loan back in 98, and that's when GE took over 100%.

(Trivia - I am told that Polar's "circle P" logo was an initial insult to some Japanese with WWII remembrance, because of it's design similarity which mimicked occupied Japan's POW logo that was printed on the uniformed shirt backs of many Jap detainees).

Last edited by L-38; 12th December 2007 at 19:10.
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