To: wardaddy
It takes a real genius to lose money running a casino.
9 posted on
03/30/2004 5:00:47 PM PST by
DManA
To: DManA
Especially when commercial paper is currently at 3% to 4%. It's almost like free money!!!!!!!!!
I'm not quite sure why corporations aren't doing more capital improvements and building new processes in manufacturing when money is so cheap?
Maybe they are waiting until it goes back up to 10% so they can get a refund on their worthless MBA's?
12 posted on
03/30/2004 5:09:10 PM PST by
blackdog
(I feed the sheep the coyotes eat)
To: DManA
Overleverage.
The black dog of any real estate developer.
It's my living in a tiny way compared to Trump and I try to not go beyond 65% debt to appraisal value overall portfolio even though I have 100% financed some deals.
I bet Trump is over 100% and thinking cash flow would increase over the years to compensate.
13 posted on
03/30/2004 5:11:10 PM PST by
wardaddy
("We have surrendered our liberty to a black robed oligarchy")
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson