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pappy
Lancaster, TX
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Sunshine, a venture Capitalist company bought TXU energy and put itso deep in debt that the company may not survive unless that raise in electrical rates of more than doubling the rates on the charges of electricity bails them out.TXU has been Romneyized.
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Sunrise
Fort Worth, TX
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pappy wrote: AS for Romney Sunshine, he thought money could buy anything, but it does not. He looks down on people he thinks is beneath him. And the truth came out when he thought he was among his own peers he spoke his true thoughts of the people he referred to as the 47 percenters,. When he thought he was among his peers only his true character was shown. He also did not mind his company being subsidized by thsoe same people he spoke of as 47 percenters. His companies were know to take subsidies from the local, state and federal goverment. He also got bailed out by the FDIC to the tune of over 15 million dollars. this happened even though the company had millions on hand. He was as Governor Perry called him a Vulture Capitalist. And Perry hit the nail on the head for his naming of the man as a vulture>Right now the GOPeers just want to forget Romney as hope he just disappears from the scene. And I thiink he is finished as a politician. Have you compared what the two men spent on the election? Are you saying that it is ok for obama to spend millions on getting elected but if Romney spends he thinks money can buy anythng? Obama did a good job creating class warfare. You have a serious case of it. I will ask you again. What did Romney say about the 47% and in what context?
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Sunrise
Fort Worth, TX
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pappy wrote: Sunshine, a venture Capitalist company bought TXU energy and put itso deep in debt that the company may not survive unless that raise in electrical rates of more than doubling the rates on the charges of electricity bails them out.TXU has been Romneyized. You have serious problems. You seem to get a lot of information but it is all biased. What is a venture capitalist? Have you not heard what obama has done to electric companies? He told us what he would do before his first election but he was elected anyway. At least one power plant has been shut down in the Mt. Pleasant/Pittsburg area causing many people to lose their job. What impact do you think that will have on electric rates and supplying the demand?
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pappy
Lancaster, TX
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I thought might just raise a question about that one SunShine. That is just a investment firm that invest into or buys a company and does not know the outcome of the investment they made. Now you have a nice day SunShine, I am. That investment firm took a profitable company and made it into a loser. I do believe it has lsot money since the beginning.
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pappy
Lancaster, TX
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But I do beieve all of the investors that iivested into the buyout is stil in shock of the failin venture.
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HELPFUL
Fort Worth, TX
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pappy wrote: I thought might just raise a question about that one SunShine. That is just a investment firm that invest into or buys a company and does not know the outcome of the investment they made. Now you have a nice day SunShine, I am. That investment firm took a profitable company and made it into a loser. I do believe it has lsot money since the beginning. Venture capital (VC) is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as biotechnology, IT, software, etc. The typical venture capital investment occurs after the seed funding round as growth funding round (also referred to as Series A round) in the interest of generating a return through an eventual realization event, such as an IPO or trade sale of the company. Venture capital is a subset of private equity. Therefore, all venture capital is private equity, but not all private equity is venture capital.(IPO = Initial Public Offering) In addition to angel investing and other seed funding options, venture capital is attractive for new companies with limited operating history that are too small to raise capital in the public markets and have not reached the point where they are able to secure a bank loan or complete a debt offering. In exchange for the high risk that venture capitalists assume by investing in smaller and less mature companies, venture capitalists usually get significant control over company decisions, in addition to a significant portion of the company's ownership (and consequently value).
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pappy
Lancaster, TX
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So right on helpful. I was jsut putting it in prospective of an adventure in loan sharking after the sharks were released by the laws that alllowed high interest rates and loan sharking to becom leagal. But you do have it correct.
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pappy
Lancaster, TX
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Back in the days that interest rates were capped by the states , But changes in the law that took away that control of the interest rates was the day that loansharking became legal. It also let teh S&Ls loose on the publcia as well as the banks due to deregulation of interest rates.
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pappy
Lancaster, TX
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You folks have a nice day ---you to sunshine.
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