"More jobs will be lost, more plants will close," he said.
Its stock lost more than 2 percent to close at $81.46.
He immediately went on to point out that the so-called "ownership society" of President Bush had left the nation with: "more than 3.5 million manufacturing jobs lost; more than 40,000 factories closed down; wages that are stagnant; and, more often than not, the few jobs being created paying less than the ones we're losing".
To Mrs. Decaumette, the Palmyra was more than a business, and when it closed, she lost more than a way to making a living.
Since then the shares have lost more than half their value, and closed at $6 yesterday.
Shares in Rank, which have lost more than half their value this year, closed down last night 6p at 101.5p.
Times Company stock, which has lost more than half its value this year, closed on Friday at $7.64, down 30 cents.
For the week, the Dow lost more than 350 points, or 3.3 percent, closing at 10,303.15, while the S.& P. fell more than 42 points, or 3.8 percent, to 1,079.25.
Three months after the offering, shares have lost more than 40 percent of their value, closing at just under $21.81 on Friday, from $38 on May 18.
