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Jarden Corp. Message Board

  • valuehelprich valuehelprich Jan 12, 2010 11:03 PM Flag

    Venezuela eats up all phony profits

    Lillie: Latin America is a tremendous opportunity for all of Jarden. We’re very strong across that region, particularly in Venezuela, driven by the strength of our Consumer Solutions in our small kitchen electronics business. Depending on the variables in given countries we think that’s an excellent opportunity to grow, particularly in the Outdoor Solutions segment of the business.

    ouch they lost like $50 million from holding way too much cash in venezuela what were they thinking - but borrowing money and making acquisitions is da bomb go JArden -

 
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