Colt Financial Article

by Drago, Thursday, May 07, 2015, 14:43 (3428 days ago)

Interesting article on the history Colt's financial woes.
http://www.bloomberg.com/bw/articles/2014-05-29/colts-curse-gunmakers-owners-have-led-i...

Colt Financial Article

by Cherokee @, Medina, Ohio, Thursday, May 07, 2015, 17:25 (3428 days ago) @ Drago

Colt is a text book example of continous poor management with periods of sucess in spite of themselves. A good read.

Buy a company for 27 million, then borrow 200 million

by ERSisk, Thursday, May 07, 2015, 22:13 (3428 days ago) @ Drago

against the company and then 185 million gets pocketed and no one is in prison. Now that's good old free enterprise right there.

I suspect that you have hit the mark.

by Rob Leahy ⌂ @, Prescott, Arizona, Friday, May 08, 2015, 10:15 (3427 days ago) @ ERSisk

sad as it is.
Reading about the French & Panama Canal...

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