Martinka Consulting
OCTOBER 23, 2019
Sometimes it’s because they’d sooner “play” with their product than worry about the numbers and often it’s because they’re doing so well it becomes “management by checkbook,” as in, there’s plenty of money so who cares about cash flow, metrics, etc.
Tom Spencer
MARCH 17, 2023
These securities, which were backed by real-estate mortgages, were sold to investors as a safe investment. In 1988, he purchased a large stake in the company, seeing its strong brand, steady cash flow, and long-term growth potential. However, many of the mortgages had been issued to people who could not afford them.
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