Gm Chrysler Merger Talks Reported
An estimated 1 / 2 of all small businesses depend on private investments from friends and friends for startup or expansion. Shipping giant UPS was already released when 19-year-old entrepreneur Jim Casey borrowed $100 from an addict to start they nearly 100 rice in Seattle. And when teenager Fred DeLuca opens a sandwich shop in 1965 with a $1,000 check from children portrait friend, Subway (now 25,000 restaurants) was given birth to. Friends and family would be single most important outside funding source for small business in America. But there are risks, and "F&F" money must be approached carefully.
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The larger issue may be the resultant proportions the merged entity. We already have too many corporations considered "too big to fail" (including GM and Chrysler!). Each time one impeccable premier corporations starts to teeter, U.S. taxpayers money has to flood in and save them, as outcomes of allowing them to fail are too devastating for the economy. How is combining two "too big to fail" companies tend to be already teetering and merging them into an a whole lot larger "too big to fail" megacorporation (that will, no doubt, be teetering) a clever move?
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