Did We Say No More Bailouts?
Liz MoyerIn an election year, pragmatism trumped conviction for the government in the case of AIG.
Fight The Shorts!
Liz MoyerSEC's Chris Cox has set new rules to stop manipulative trading. Profile in courage? Not so much.
Stocks Do The Financials Flop
Steve SchaeferDespite the Fed's $85B rescue of insurer AIG, investors remain skittish about the sector.
Pain On The Corner Of Wall And Main
Martin T. Sosnoff, Atalanta Sosnoff CapitalThe U.S. consumer is hurting and so is Wall Street. If I hadn't seen this before I might freak out.
A Geeky Remedy For Recession Blues
Christian LindholmTough times demand great products--and that could put Google and Apple at odds.
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01:47PM | Precious Metals Summary - London Close TFN |
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01:42PM | Administration upbeat on economy, defends AIG move AP |
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Featured Question
- Question: I own a small Telco business and I am looking for funding options. We have been in business for 3 years and posted a profit last year on about 400k gross revenue. I am looking for good small business funding sources, and I'm open to all options. I am also considering selling some shares of my company. Can anyone recommend firms that do business valuations?
- Answer: Many states have development agencies that provide funds under very, very favorable terms ( I know the ones in Connecticut if it's relevant to you). There are both Angel money and VC money if you can demonstrate a unique value. There are banking companies (like Horizon Tech & Silicon Valley Bank) that can provide debt financing and that understand small, start-up businesses ( I have contacts for them, if it's relevant to you). In some locals, there are some more agressive banks that will debt finance smaller early stage companies (HBSC comes to mind in the NJ,NY,CT area).
Having ignored and later delayed in correcting their deteriorating capital and liquidity position and having failed in finding private sector funding to support their business structure, AIG should have been allowed to fail.
Posted by jacarson onDid We Say No More Bailouts?