As managing partner of GGG and the Turnaround Authority, I get the pleasure of providing guest posts by our other partners. The following post is by our newest Partner, Vic Taglia. In my post a few weeks ago about how to treat your bankers, creditors and vendors, I advocated telling the truth. As important as it is to [...]
Posts Tagged ‘lending’
The CEO’s 10 C’s of Borrowing
Posted in An Ally's Advice, tagged banker, business, business controls, capital, CEO, CFO, collateral, equity, inventory, lending on December 9, 2010 | 1 Comment »
Bankers and business owners can have trouble communicating because their mind-sets are different. As someone who began his career as a banker and who has spent the last 30 years doing interim-CEO turnaround management, I understand the banker’s mindset while having profound insight into what makes businesses run successfully from the top. Most of my [...]
Corporate Liquidations Suggest a Double-Dip Recession Might Still Hit
Posted in The Alligators, tagged bank failure, consumer confidence, Double-dip Recession, economy, FDIC, lending, Liquidations, Liquidity, spending, turnaround consulting, Turnaround Management on November 30, 2010 | Leave a Comment »
Every pundit and his brother has a prediction about whether or not we’re in for a double-dip recession. If we’re to believe the government’s indicators and message, our economy is improving. But it’s not hard to manipulate statistics and present them in the best light. After all, part of a recovering economy is consumer confidence [...]
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