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Remington Bankruptcy
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<blockquote data-quote="Aoudad shooter1975" data-source="post: 1404818" data-attributes="member: 102560"><p>I hate the way business is run now...most corporate earning have nothing to do with money made by the business but is tied to stock price, and how easy it is to borrow money (how cheaply it can do it)--and most business are heavily leveraged that way. One small hickup and bankruptcy.</p><p></p><p>My family at one time many years ago had small town banks(something unheard of now). My Aunt that ran one of them said, "when banks make money other than loaning out and charging interest on customers money--the end is near" I don't think she was far off...and that was about 1991 when she told me that...I think finance is the root to a lot of the problems....</p></blockquote><p></p>
[QUOTE="Aoudad shooter1975, post: 1404818, member: 102560"] I hate the way business is run now...most corporate earning have nothing to do with money made by the business but is tied to stock price, and how easy it is to borrow money (how cheaply it can do it)--and most business are heavily leveraged that way. One small hickup and bankruptcy. My family at one time many years ago had small town banks(something unheard of now). My Aunt that ran one of them said, "when banks make money other than loaning out and charging interest on customers money--the end is near" I don't think she was far off...and that was about 1991 when she told me that...I think finance is the root to a lot of the problems.... [/QUOTE]
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