Dallas We spent three hours with representatives from GMAC meeting in our Dallas offices. We were not happy with much of it, but still it represented a sea change from the last meeting with virtually the same people 6 weeks ago. They were no longer hiding behind “individual programs for individual problems” as I …
Category: ACORN
Slick Simon
Austin It must have been some years since I was in Austin. It hit me when I got off the plane and realized I was no longer in the shed and cow field operation that characterized the old Austin airport but instead was in a huge, modern facility with several levels, and I had …
Merging Lessons
New Orleans The corporate strategy lesson being taught over and over again during the last year or so in the implosion of mortgage based companies is that it is as important to know when to fold as it is to know when to bet. Sometimes you simply do not have the cards, and have …