Small Business Bailout Reaction

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Updated: 2:09 PM Jul 13, 2009 Small Business Bailout Reaction Staunton, Va. One small business in the Valley is reacting to the idea of getting stimulus bailout money. Posted: 8:18 AM Jul 12, 2009 Reporter: Sarah Sager Email Address: Sarah.Sager@WHSV.com

Comments are posted from viewers like you and do not always reflect the views of this station.

Posted by: Steve Location: CA on Jul 28, 2009 at 06:10 PM

It's sad to see these small businesses not do very well, but maybe it's because they're not taking advantage of social media marketing like they should. It's cost-effective marketing, especially these days, and could really help them out and cut some costs given the state of the economy. Putting up a fun video on YouTube, Vimeo, and AdWido, for example, can easily generate interest among customers and potential customers for little or no money. Why not? Good luck to them.

Posted by: alex morgan Location: http://www.ultrayellowpages.com on Jul 17, 2009 at 01:18 PM

The company has been unable to raise money in financial markets all year and had pleaded with the Federal Deposit Insurance Corp. to approve its application for a guarantee on its debt offerings like the government provided to most banks during the credit crisis. But the FDIC, worried about the company's junk credit ratings and exposing taxpayers to the risk of an impending bankruptcy, refused to budge. bill shor

Posted by: ultrayellowpages Location: los angeles on Jul 16, 2009 at 05:50 AM

If the immediate reaction to the recently approved bailout plan from Washington is any indication, financial markets are far from reassured about where the global economy is headed. Financial institutions everywhere are tightening up credit to the point that small business and regular folks have to seriously reconsider budgets and next year's expenditures.

Posted by: fred Location: h'birg on Jul 12, 2009 at 09:45 AM

this article seems like a waste. only ONE business was picked and the story is lacking information about how the stimulus money can help. more effort should have been put into getting the info out about how to get stimulus help, who can get it, and things like that

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