Rescuing undervalued businesses
Lynn Tilton, CEO of Patriarch Partners, talks about rescuing undervalued businesses on the CEO Show with Robert Reiss by recognizing value, “stopping the bleeding”, and the rebuilding process. Tilton discusses the factors affecting a business recovery and is emphatic about the need to re-build America around the core of a manufacturing economy. In discussing what needs to be done, Tilton also talks about getting away from the “each person out for himself” mentality, and replacing short term thinking with “the long-term vision of building value.
Interview Aired: 07/24/2010