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“Five Takeaways from the Debt-Ceiling Debate”

Libby Sharman
August 2, 2011
Read Time: 0 min

Regina Lewis of DailyFinance gives her five lessons-learned from the recent US debt crisis; among them is Sageworks Chairman Brian Hamilton’s take on private companies and stagnant hiring. Her five lessons (read the full article here):

#1. Cash is king.

#2. (Political charades are) ridiculous. 

#3. Leave us alone: “Companies are looking for clarity. They want the space to make decisions, especially when it comes to their most significant cost — personnel. We recently spoke with Brian Hamilton, CEO of financial-analysis firm Sageworks, about small businesses’ hesitancy to hire full-time workers. The overwhelming sentiment about government intervention in the economy is ‘leave us alone,’ he says.”

#4. Their house is not like our house. 

#5. It’s not over till it’s over.


See full article from DailyFinance:

About the Author

Libby Sharman

Libby Sharman is a Vice President of Marketing at Abrigo.

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About Abrigo

Abrigo enables U.S. financial institutions to support their communities through technology that fights financial crime, grows loans and deposits, and optimizes risk. Abrigo's platform centralizes the institution's data, creates a digital user experience, ensures compliance, and delivers efficiency for scale and profitable growth.

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