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FedEx Discussions
Looking at Opportunity to become FedEx ISP
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<blockquote data-quote="dmac1" data-source="post: 1868353" data-attributes="member: 60252"><p>Using other people's money to reduce risk is a time-honored tradition in the USA> Just look at Trump. He borrowed milions to build casinos, took out huge amounts of cash, and then let the company go bankrupt. The salary and profits he took out as compensation were then personal assets, and not subject to the lenders being able to seize them upon bankruptcy. Romney did something similar. It is easier to do with a group of investors or as a corporation with many stockholders than as a single owner.</p></blockquote><p></p>
[QUOTE="dmac1, post: 1868353, member: 60252"] Using other people's money to reduce risk is a time-honored tradition in the USA> Just look at Trump. He borrowed milions to build casinos, took out huge amounts of cash, and then let the company go bankrupt. The salary and profits he took out as compensation were then personal assets, and not subject to the lenders being able to seize them upon bankruptcy. Romney did something similar. It is easier to do with a group of investors or as a corporation with many stockholders than as a single owner. [/QUOTE]
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