time.com— Firms like Eddie Bauer, Six Flags, Sbarro and others may have trouble paying their bills. How the bailout is falling short for Corporate America
Oct 22, 2008View in Crawl 4
How do you propose companies finance manufacturing their goods and financing all of the pre-retail costs associated with the product that you buy at the store?How on earth are people that specialize in SEASONAL goods supposed to survive under a system without credit? This includes farmers. They need money up front to buy all of their raw materials, which require a significant amount of time to develop in sellable product. You're first reaction may be, venture capitalists!, but there's only so much money in that pool to go around. And to even provide that pool, you need very, very wealthy individuals with tons of money to throw at high-risk situations. I thought we were trying to crack down on those people also, no?Try to open or run a business without having to use credit at some point in the cycle. There are very few companies you can point to, even among the most successful, that are debt-free.
f**k GM. And Ford. The American car companies just keep making s**ttier cars every year. I don't understand why so many people buy Chevys. GM and Ford outsource so many jobs that the Asian automakers have more stake in the US than the US automakers. Let these incompetant companies fail. And after they go under, take all the CEO's savings and split it among all the employees making 30k.
thebaron2Oct 23, 2008
How do you propose companies finance manufacturing their goods and financing all of the pre-retail costs associated with the product that you buy at the store?How on earth are people that specialize in SEASONAL goods supposed to survive under a system without credit? This includes farmers. They need money up front to buy all of their raw materials, which require a significant amount of time to develop in sellable product. You're first reaction may be, venture capitalists!, but there's only so much money in that pool to go around. And to even provide that pool, you need very, very wealthy individuals with tons of money to throw at high-risk situations. I thought we were trying to crack down on those people also, no?Try to open or run a business without having to use credit at some point in the cycle. There are very few companies you can point to, even among the most successful, that are debt-free.
lilrabbitfoofooOct 23, 2008
Is this the same worse than s**te pizza joint you find in mall food courts?! Or it is somehow better in NYC?
honeybrassOct 23, 2008
Bring on Mad Max!!
honeybrassOct 23, 2008
That would be why its going under
Closed AccountOct 23, 2008
I'm mad Eddie Bauer clerks get paid more than me. o_O
linageeOct 23, 2008
@rich1659: You forgot to watch the video. :-)
screwedthepoochOct 24, 2008
f**k GM. And Ford. The American car companies just keep making s**ttier cars every year. I don't understand why so many people buy Chevys. GM and Ford outsource so many jobs that the Asian automakers have more stake in the US than the US automakers. Let these incompetant companies fail. And after they go under, take all the CEO's savings and split it among all the employees making 30k.