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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
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KNIGHT / SWIFT JUST BROUGHT U.S. XPRESS
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<p>[QUOTE="skallagrime, post: 12375487, member: 84021"]I was with you till this part.</p><p>An emphatic NO here. There should be NO "being backed up by others." that is how the banking industry currently works and is root cause to why they constantly get bailed out even when they arent unhealthy.</p><p><br /></p><p>If they cant stand on their own, theyre not healthy enough and NO ONE should lift a finger to save them.</p><p><br /></p><p>If i as a company owner run my buisness into the ground, my neighbor should have no obligation to prop up my buisness or buy me out.</p><p><br /></p><p><br /></p><p>(If by "backed up", you mean just by there being other options, one can fail and it hurts only the customers of that single bank, i would agree, but thats not what how what you said comes accross)[/QUOTE]</p><p><br /></p>
[QUOTE="skallagrime, post: 12375487, member: 84021"]I was with you till this part. An emphatic NO here. There should be NO "being backed up by others." that is how the banking industry currently works and is root cause to why they constantly get bailed out even when they arent unhealthy. If they cant stand on their own, theyre not healthy enough and NO ONE should lift a finger to save them. If i as a company owner run my buisness into the ground, my neighbor should have no obligation to prop up my buisness or buy me out. (If by "backed up", you mean just by there being other options, one can fail and it hurts only the customers of that single bank, i would agree, but thats not what how what you said comes accross)[/QUOTE]
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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
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KNIGHT / SWIFT JUST BROUGHT U.S. XPRESS
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Reply to Thread