How Can This Be Good: Two More Banks Fail, Bankruptcies At New Highs, Commercial Loans Ready To Implode
If you have followed this blog you know I am a fan of Bill Bartmann. He is a rags to billionaire riches story and most of his wealth came during an economic climate similar but actually less serious than what we are facing today. I follow Bill because he deals in reality and looks for [...]
The General Motors Bankruptcy: A Costly Solution
When a company cannot move forward with profitable operations because of accumulated debt meaning they are not in a positive cash flow position, they must close the business and restructure. Either solution is costly. Restructuring with the protection of Chapter 11 of the US Bankruptcy code adds to the costs. The cost of restructuring is [...]
Fear of Failure, Recession, Bankruptcy … More: The Law of Attraction Is Always Working
Are you one of the hundreds of millions who check the papers, TV, radio or Internet to see how things are going? Do you decide on how you are feeling by what you read or others talk about? Do you think the information we receive about our economy, the world, our health, our relationships is [...]
The Exact Steps Required To Turnaround A Business That Is Cash Flow Negative (In Trouble)
I have led companies in the retail, real estate, transportation and restaurant industries from near catastrophe to stability and profitable growth. Companies find themselves in a dire straits position for a multiple of reasons when the economy is strong as well as weak … more so when weak. The current business climate is tenuous and [...]
