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Meanwhile, I am getting phone calls from companies indicating they’re closing their doors, declaring bankruptcy or that want to merge with other firms—anybody who’s got some money. Still others are calling to say, “We had a terrible fourth quarter and, so far, 2009 is even worse.”
All of this got me thinking. The automakers got a lot of government help. The bankers received even more money. Can you imagine the size of those Electronic Funds Transfers? The government now either owns a big share and/or is owed billions by General Motors, AIG and the big banks.
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- Companies:
- Compass Capital Partners
- Places:
- Philadelphia
- Washington, DC
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