Source: The American Prospect
by David Dayen
“One Tuesday night in July 2023, Ron Luessen got contacted by a late-shift worker on the support team for Elcon, a construction firm in the Pacific Northwest. Luessen, an equipment manager, was off the clock, but he was the main point of contact, and the worker was puzzled. ‘We’re supposed to be working tonight, and this place is closed,’ Luessen recalled the message. ‘What do you want us to do?’ There wasn’t any reason for the building to be closed. Elcon was steadily busy, recently picking up business in Billings, Montana, beyond its base of operations in Seattle. The company had even just updated the kitchens. But the next day, around 120 Elcon employees got the official word: Don’t come in. After 42 years building bridges, highways, rail lines, airports, and basic infrastructure Americans use every day, Elcon was history.” (09/24/25)
https://prospect.org/economy/2025-09-24-big-banks-behaving-badly/