The Real Reason Newspapers Are Losing Money, And Why Bailing Out Failing ...
I don’t buy all the hype that the internet is even the primary culprit of the demise of journalism. The primary culprit is the same as it is all over the country, in every industry and in government: equity extraction.
Let me explain, in short: when executives expect unrealistic profits of 20% and higher per annum on businesses something has got to give. It’s an unnatural and unsustainable growth rate. For the first ten or so years of a small to medium size company’s life? Sure. But when you are 3M, or GE? Unrealistic and ultimately impossible.
So, when such rates cannot be achieved by organic growth in the business, executives start shaving off perceived fat and before they know it they’re cutting off the muscle and then shaving off bone chips. And when they’ve gotten to the bone chips they borrow other people’s money to buy new companies, load up those companies with debt and extract equity form them and then because it looks like the parent is still growing award themselves huge bonuses. It’s a shell game.
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San Antonio Debt Consolidation - News
More details needed on post office closure
The downtown post office on Alamo Plaza was not on the San Antonio closure list, which has since been whittled down to three branches.
The Real Reason Newspapers Are Losing Money, And Why Bailing Out Failing ...
The local San Antonio paper is a great example of this. Twenty years ago there were two large dailies in my hometown. Both competed with each other for real
World stock markets daily report (December 23, 2009)
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US Economic Recovery Presents New Investment Profit Opportunities For 2010
The company presented interim results from a European clinical trial called RESTORE 2 to a conference in San Antonio on December 12. and more »