Think this is what Kramer was talking about?

Luda34 · 07-15-2011, 11:57 AM

Do anyone know if his car dealship was doing bad before Katrina.

Beastmode · 07-15-2011, 12:17 PM

Originally Posted by Luda34

Do anyone know if his car dealship was doing bad before Katrina.

I think it was staying afloat. The problem happened when he decided to expand just before the bottom fell out the economy. Sales dropped off the edge of a cliff. He simply had too much debt and no way to pay it back.

07-15-2011, 12:17 PM	#2
Beastmode 5000 POSTS! + Join Date: Jul 2010 Posts: 9,126	Originally Posted by Luda34 Do anyone know if his car dealship was doing bad before Katrina. I think it was staying afloat. The problem happened when he decided to expand just before the bottom fell out the economy. Sales dropped off the edge of a cliff. He simply had too much debt and no way to pay it back.
Beastmode 5000 POSTS! + Join Date: Jul 2010 Posts: 9,126

07-15-2011, 11:57 AM	#1
Luda34 1000 Posts + Join Date: Dec 2010 Location: Houston Tx Posts: 1,219	Do anyone know if his car dealship was doing bad before Katrina.