Quote:
Originally Posted by K-1
Does your mortgage lender have a right to tell you how to run your "business" (i.e. family)? Unless the gubmint is taking a majority stake in the company, all they have a right to is repayment of the loan in cash or secured assets.
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That's how it is with businesses. If you are desperate for a loan, or for an equity infusion, the people providing the capital can, and often do, make certain stipulations; they want some assurances as to how the business is being run and what they're going to do with the money. So the public has every right to make certain demands of GM, Citigroup, etc.