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Do people feel that a company that has been proped up by easy cheap credit

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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 11:39 AM
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Do people feel that a company that has been proped up by easy cheap credit
should be in business. That has been an argument for this bailout, that companies won't have access to cheap free flowing credit. If they have to have credit that bad and can't get it in a tighter credit market, might be time for them to go.
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Fresh_Start Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 11:42 AM
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1. every consumer company in the US has been propped
up by cheap credit....some of them indirectly through the fact that the average American has 3 credit cards.
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