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What the credit crunch means for small businesses

By John Hockenberry, Adaora Udoji, Chelsea Merz

Thursday, October 2 2008

Wall Street's free fall is hitting Main Street hard. And the credit crunch's vice-like grip could spell disaster for small companies. For a look at how businesses are getting by, and which ones are flourishing, The Takeaway turns to Alex Vantarakis. He arranges finances for those who want to buy and sell small businesses.

Guest: Alex Vantarakis, founder of The Vant Group, an investment banking and debt-funding company.
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The Mix Add Your Comment
It is too late probably for this Guest but you may ask Hillary or somebody else about it. I want to know why instead of giving money to banks government guarantee to all those who are in trouble with mortgage payment fixed percent mortgage at lower percent? 700 billon dollars can do a lot in this direction. Banks will be saved this way because people will pay them instead of dclaring foreclosure.

Posted by Pavel Gurvich, 10:34 a.m. Thursday, October 2 2008 Permalink

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I hate your show...but you finally did something great. Your interview this morning with NYTimes reporter Stephen Labaton on the 2004 SEC decisions was wonderful, informative and well executed with archive recordings of the principal players. Well mixed...As good as anything pre-produced. Shows how good your live interviews can be when you allow one host to handle the whole thing...rather than each interrupting each other.

Posted by Jay, 6:39 a.m. Friday, October 3 2008 Permalink

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