Summer 2006 Contrarian’s Notebook
A new opportunity on Wall Street; A lesson from Terrell Owens.
By Dan Rottenberg
A new opportunity on Wall Street
Baby Boomers are inheriting trillions. That's good news for family firms hungry for capital.
When your family business needs capital, according to conventional wisdom, you can't eat your cake and have it too. You
1. operate on a limited budget; or
2. go into debt; or
3. take on unwanted partners; or
4. sell your company's soul to Wall Street, whose heartless bean counters care only about your latest quarterly results.
But suppose Wall Street wasn't such a brutal place after all? Suppose it was run not by folks like Gordon Gekko but by erstwhile hippies …
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