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    Posted December 4, 2008 by
    ConcernedCPA |
    Location
    Napa Valley, California
    Assignment
    Assignment
    This iReport is part of an assignment:
    The Situation Room: Your political resolutions

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    Why not pursue appropriate financing sources for high-risk turnaround?

    By ConcernedCPA  |  Posted December 4, 2008  |  Napa Valley, California
     

     

    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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