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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: http://srph.it/pbwtMf

About the Author

Libby Sharman

Libby Sharman is a Vice President of Marketing at Abrigo.

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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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