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unclaimed Posted by: unclaimed
Jul 4, 2009
Black in America

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Why not pursue appropriate financing sources for high-risk turnaround?
ConcernedCPA Posted by: ConcernedCPA // 7 months ago // viewed 226 times // shared 5 times
Napa Valley, California // embed media

 

In my opinion, a company turns to the American public for money only by offering products for sale.  If that effort fails because the product is not competitive, then you have a turnaround situation.  Financing of a turnaround is a high-risk investment, not one suitable for the American taxpayer at this time. 

 

 

 

 

My question:  Why are the Big3 not seeking capital from appropriate sources for this high-risk turnaround situation? 

 

 

 

 

Possibly because those investors demand too much of the business??

 

 

 

 

They should, they take a huge risk.

 

 

 

 

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