I don’t trust the Sonic Corp. owner J. Clifford Hudson. He’s given thousands & thousands of dollars to the Democrats over the years. He also sits on the board of the Ford Foundation. I don’t trust the timing of his “bank problems”.
I agree on Sonic. If this is such a good business why does he not go to the capital markets and raise equity capital for expansion.
It is called - or used to be called - capitalism for a reason - not debtism.