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What are Banks Really for??????????

So having said all that and being wrapped up six ways to Sunday. It was what was. It was definitely a death sentence, but maybe a slow walk to the rifle range. You see a lot of people blamed me for the position we were in! You know when Araban was small and our sales were 5.7 million dollars a year, we were solid! Yeah i would have to agree with that but where was it going? The other thing was nobody realized the old owner was making $1,000,000 bucks a year and not putting a dime back in to grow the company. I didn't even know that until I bought it and had control of the books so, what are you going to do tell everyone a boohoo story of how the owner underpaid you, overworked you never even knew half your names but it is going to be ok?
No I had a different plan a more transparent plan, but I needed help, I needed to change the culture in a hurry and I felt like I was part of the culture. I needed a few good men to be on a management team that could implement my vision of changing the culture. It was a difficult time at best. In debt up to my ears, I was personally guaranteeing things I couldn't possibly follow through on , but the bank had what they thought they wanted, a sacrificial lamb, and their ironclad security in what was a complete shitshow three months earlier. You know I never even got a thanks from them. That is the trouble with banks, a have theory that could virtually eliminate the workout section of banks but that's for another post. I am talking about revolutionizing the banking industry, but do you think anyone would listen? You know what industry is keeping the economy from growing? It is banks, oh do you know how much money they got in the bail out years? Do you know what small business got in those same years?
We need change and we need it fast, because everyone I have met in the banking industry in the last 20 years should be teaching micro economics at a high school in their hometown!! IT IS A JOKE!!! And no one is standing up to them, why? Really Why? enough for tonight, but there will be plenty more detailed posts to come! Follow, you might find it interesting! That's the plan Stan. Joe

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