Word: freeborough
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Dates: during 2000-2009
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Michigan Sherrill Freeborough owns two Saturn dealerships outside Lansing. She was nervous about the proposed bailout and relieved when it failed. "My fear was they didn't have time to study it," she says. "I wanted them to make sure they knew what they were doing, and that it was the right thing to do. My fear was this was too quickly put together. I was surprised and relieved when it didn't pass." Freeborough says she's a "little more confident today that Congress will do the right thing. Now, I feel like they're going to take...
...small-business owner, Freeborough has already felt the pinch of a tightened credit market. She'd like to expand her service department from four bays to 10. But her lender was a tad leery a few months ago about extending her credit. "I had so much else going on at that time, I held off," she says. "Now I'm thinking I should have just done it then. I am worried I won't be able to get a loan for it, and that will pull my business back." She says that even if car sales slump further, people still...
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