posted on July 15, 2002 01:06:31 PM new
Time-Warner is 500 million dollars in debt according to a guest on Lou Dobbs. Because I have no clue about the stock market, can anyone explain how they can keep afloat?
posted on July 15, 2002 01:35:56 PM new
Even if they have no cash I bet they have a couple tens of Billions in assets. We need to here more for there to really be a problem.
posted on July 15, 2002 01:47:58 PM new
Thanks! It's hard for me to think that big. I don't even know what number comes after a trillion. Is it kazillion?
When I heard this on CNN, with CNN being owned by Time-Warner, I tried a search but didn't find anything. The reason why it interested me, is because Lou Dobbs didn't want to get into a discussion on it, but his guest said it was looking bad. Maybe he meant because of stocks in general or something...
posted on July 15, 2002 02:04:09 PM new
time warner AOL lost 2 billion dollars last year due to there merger mainly this is where there debit mostly comes from. http://www.Dman-N-Company.com
Email [email protected]
posted on July 15, 2002 02:13:29 PM new
But if a company has a half trillion dollar debt, how is it able to aquire more companies when it looks like some of the companies it already owns are putting them in debt?
posted on July 15, 2002 02:17:08 PM new
How can your brother in law buy a new car when he owes more than he makes in a year? They have to figure in the long run he can pay it back.
Of course with HUGE companies and countries sometimes the bank comes to regret it because they can't afford for them to default. Then you see them with hat in hand to Congress telling them they can'y afford to let the bank fail so bail us out with the taxpayers money.
[ edited by gravid on Jul 15, 2002 02:20 PM ]
posted on July 15, 2002 03:21:25 PM new
Sometings it is really hard to learn without DOing. I read for months about trading stocks but at a certain point I had to open an account and trade. After a few months and some gains and some goofs and many phone calls with my broker screaming at me I started to get the basics.
