Bad times for good companies
- added July 7, 2008
- 4 responses
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- Anum
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Even household names such as Coca-Cola are getting drubbed in this ugly market. Many careful savers and investors are vulnerable, and the trouble isn't close to being over
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"Even household names such as Coca-Cola are getting drubbed in this ugly market." Couldn't happen to a more deserving company. Look them up and see what they do.
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- Marilynn_Murray
- 1 month ago
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what?
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- fairchild7
- 1 month ago
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Read up on their environmental and labor practices in other countries.
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- Marilynn_Murray
- 1 month ago
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Asset Acceptance, another subprime beneficiary, buys and then collects defaulted and charged-off loans. Evans and Peck expect the company to grow nicely over the next couple of years as the number of bad loans rises and demand from competitors wanes, thereby improving pricing and driving higher returns. They especially like that insiders own more than half of the company and Asset Acceptance's managers and directors have increased their stake through open-market purchases
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