Insights
WSJ opinion: Borrower Beware: Cares Loans Carry a Steep Cost
News Paul AtkinsPatomak CEO Paul Atkins writes in a Wall Street Journal opinion piece, “Borrower Beware!”
"Businesses with flexibility should seriously consider to what extent accepting the terms of federal loans or other support may be a Faustian bargain for their long-term business operations and strategy. The ultimate cost may dramatically outweigh the temporary gain."
Atkins draws on his experience on the Congressional Oversight Panel for TARP, which oversaw emergency spending in response to the 2008-09 financial crisis and discusses considerations businesses should make now before filing for federal assistance.
