Friday, November 30, 2007

Awfully Quiet in Nashville....12/4


I figure that they're actually beginning to realize what Hud saddled them with. One scenario:
He bought hospitals that no one else wanted, but looked good on paper, tried to run "the big con" ala the Sting, and with him gone, things will probably fall apart.

He could sell the idea that the hospitals weren't profitable while they were being renovated. That renovation would take years. And years to start. Meanwhile, he could acquire some actually good properties (Muskogee comes to mind, as well as Weatherford) and borrow against the idea that his corporation owned five hospitals that they were willing to put money into. Sort of how they got Paris.

Or:
He actually believed that he could package a working system that would make the 15-20% return that he forecasted from bankrupt hospitals.
Your choice.

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