I was a supplier of blinds to American Blind and Wallpaper Factory. They owe me a lot of $$$$ for orders that were shipped to their customers and then I didn’t get paid. There have been several postings about this. I have done some research and this is what I have found. The guy that owned American Blinds is Jon Bauer who heads up a multi-billion dollar hedge fund called contrarian capital. He was also American Blinds “secure lender”. I am told that over the years his company took out millions and millions of dollars out of American Blinds. He bled them dry and then decided to pull the plug on the operation and stiffing American Blinds vendors for millions of millions of dollars. Without any notice he partners Jay Steinfeld, who owns Blinds.com which is one of American’s largest competitors. Jay buys the “assets” of American Blinds leaving the company with all this unpaid debt. Jay Stienfeld, the President of Blinds.com posts the following post on a window covering blog. Of course he doesn’t idnetify that he is the president of Blinds.com. Jay, maybe you can tell all of us vendors what happened to all the money american blinds made. where did all the money go? Customers paid for orders upfront, we shipped orders and then American didn’t pay us the money. How can that be? How do you and John Bauer think that you can just do this backroom deal in the middle of the night, close up shop and walk away from millions of dollars of $$$ owed to American Blinds creditors. Do either you or John bauer have a consious about all of the jobs that have been lost at American Blinds? How about all the families of the employees that lost their jobs at American? You both should be ashamed of yourselfs.