From the Front Lines, CEOs on the Credit Crunch
The Crisis That Stole Christmas?
“There are certain retailers that have difficulties, but other retailers are doing exceptionally well. And all you have to do is look at the marketplace and see who’s doing well and who’s not. We try to work with everyone to make sure that they have good supplies to supply their consumers. Some retailers are seeing problems, but across the board, I would say that [the credit pressure is] not a case [and is not impacting businesses].”
—Neil Friedman, President, Mattel Brands
Healthcare, Bailout & Credit Crunch
“I would like to see it happen because all business requires credit, and credit requires confidence, and if this passes, I think it will stabilize things in general. Universal Health Services is in very good shape—we’re in fine shape financially. But what’s happening right now is unsettling for other businesses. I think anytime you have a situation like this, it’s a wonderful buying opportunity. We see this as a potential buying opportunity.”
—Alan Miller, CEO, Universal Health Services
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