The Great Recession through the prism of a Fort Worth family | McClatchy Washington Bureau

×
Sign In
Sign In
    • Customer Service
    • Mobile & Apps
    • Contact Us
    • Newsletters
    • Subscriber Services

    • All White House
    • Russia
    • All Congress
    • Budget
    • All Justice
    • Supreme Court
    • DOJ
    • Criminal Justice
    • All Elections
    • Campaigns
    • Midterms
    • The Influencer Series
    • All Policy
    • National Security
    • Guantanamo
    • Environment
    • Climate
    • Energy
    • Water Rights
    • Guns
    • Poverty
    • Health Care
    • Immigration
    • Trade
    • Civil Rights
    • Agriculture
    • Technology
    • Cybersecurity
    • All Nation & World
    • National
    • Regional
    • The East
    • The West
    • The Midwest
    • The South
    • World
    • Diplomacy
    • Latin America
    • Investigations
  • Podcasts
    • All Opinion
    • Political Cartoons

  • Our Newsrooms

You have viewed all your free articles this month

Subscribe

Or subscribe with your Google account and let Google manage your subscription.

Economy

The Great Recession through the prism of a Fort Worth family

Tim Madigan - Fort Worth Star-Telegram

November 22, 2010 12:59 PM

Ed Boylan watched the final round of the Masters golf tournament at his home in Keller with distracting unease. His boss was in town from New Jersey for Boylan's annual performance review, scheduled for the next morning, and Boylan knew it would be less than stellar. The 49-year-old regional director for the pharmaceutical company Eisai Inc. had missed his sales targets.

Yet as he watched the final holes play out, Boylan could take comfort in the fact that pretty much everyone in his firm was in the same predicament. Eisai's bellwether drug, the groundbreaking Alzheimer's medication Aricept, faced increasing competition in the marketplace, and few of his colleagues were making their numbers. Boylan had been with the company for 13 years, had been one of Eisai's top producers, was a retired Army officer with an MBA, and was revered by most of the 82 employees who reported to him.

If anyone could survive a bad review ...

But on that Monday morning, when Boylan sat down in his Irving office, a terse e-mail from his supervisor greeted him.

"Meet us in the breakfast area of the Hilton Garden Inn at 10 o'clock," it said.

Us?

The Hilton was literally across the parking lot from his building. Why didn't his supervisor just come to his office? Boylan thought he knew. As his mind started to swirl, he called Linda, his high school sweetheart, wife of 26 years and mother of his two children.

"Something is not right," he said. "I think I'm about to lose my job."

Read the complete story at star-telegram.com

Read Next

Video media Created with Sketch.

Policy

Are Muslim-owned accounts being singled out by big banks ?

By Kevin G. Hall and

Rob Wile

December 17, 2018 07:00 AM

Despite outcry several years ago, U.S. banks are back in the spotlight as more Muslim customers say they’ve had accounts frozen and/or closed with no explanation given. Is it discrimination or bank prudence?

KEEP READING

MORE ECONOMY

National

The lights are back on, but after $3.2B will Puerto Rico’s grid survive another storm?

September 20, 2018 07:00 AM

Investigations

Title-pawn shops ‘keep poor people poor.’ Who’s protecting Georgians from debt traps?

September 20, 2018 12:05 PM

Agriculture

Citrus disease could kill California industry if Congress slows research, growers warn

September 11, 2018 03:01 AM

Politics & Government

The GOP’s new attack: Democrats wants to ‘end’ Medicare

September 07, 2018 05:00 AM

Economy

KS congressman: Farmers are ‘such great patriots’ they’ll ride out Trump trade woes

August 30, 2018 02:17 PM

Midterms

Democrats’ fall strategy: Stop talking Trump

August 24, 2018 05:00 AM
Take Us With You

Real-time updates and all local stories you want right in the palm of your hand.

McClatchy Washington Bureau App

View Newsletters

Subscriptions
  • Newsletters
Learn More
  • Customer Service
  • Securely Share News Tips
  • Contact Us
Advertising
  • Advertise With Us
Copyright
Privacy Policy
Terms of Service