FishyJoe on 22 November 2008
| Sky Render said: So a possible explanation for their ridiculously low profit margins, then, is that they're paying off this huge debt with a large quantity of their revenue? How did they incur such insane debt in the first place, though? I mean damn, that's even worse business strategy than keeping low profit margins, the interest alone could sink a business if an economic downturn resulting in the lenders putting out a call for their capital back didn't do it first... |
I know where about $4-5 billion of that debt came from.
