Colt Financial Article
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
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
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.
sad as it is.
Reading about the French & Panama Canal...
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Of the Troops & For the Troops