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Non-Cattle Specific Topics
Every Thing Else Board
A $25BN loan needs a business plan
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<blockquote data-quote="perda04" data-source="post: 598491" data-attributes="member: 2348"><p>And some criteria:</p><p></p><p>The money buys equity in your poorly run company</p><p>You can't pocket the money</p><p>You can't use the money to bribe politicians.</p><p></p><p><a href="http://news.yahoo.com/s/ap/20081120/ap_on_go_co/congress_autos_158" target="_blank">Dems delay auto bailout vote, seek plan from Big 3</a></p><p></p><p>Even if lawmakers return to vote, they are likely to insist on numerous conditions on any loans. One possibility is to seek a partial ownership of the companies. Another is to limit salaries of top executives. A third is to prohibit use of the funds for any lobbying.</p></blockquote><p></p>
[QUOTE="perda04, post: 598491, member: 2348"] And some criteria: The money buys equity in your poorly run company You can't pocket the money You can't use the money to bribe politicians. [url=http://news.yahoo.com/s/ap/20081120/ap_on_go_co/congress_autos_158]Dems delay auto bailout vote, seek plan from Big 3[/url] Even if lawmakers return to vote, they are likely to insist on numerous conditions on any loans. One possibility is to seek a partial ownership of the companies. Another is to limit salaries of top executives. A third is to prohibit use of the funds for any lobbying. [/QUOTE]
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A $25BN loan needs a business plan
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