Talk of The Villages Florida - View Single Post - I asked in July where has all the money gone in Villages Health?
View Single Post
 
Old 09-08-2025, 08:18 PM
tophcfa's Avatar
tophcfa tophcfa is offline
Sage
Join Date: Feb 2015
Location: Wherever I happen to be.
Posts: 7,879
Thanks: 3,709
Thanked 11,443 Times in 3,656 Posts
Default

Quote:
Originally Posted by dewilson58 View Post
They are private companies.
They have no obligation to "open up the books" to the public.
I've never a privately held company wanting to open books to the public.
I’m well aware that private companies aren’t required to “open up their books”. I had private placement lending specialists reporting to me when I managed the portfolio of a large life insurance company. That being said, not having an obligation to open up their books didn’t keep the private companies we lent to from opening up their books to us. If a company has nothing to hide, they would absolutely be willing to open up their books in exchange for more favorable loan terms. A couple of rules I always followed throughout my career was that I never did business with Companies that shielded transparency and I always ran away when seemingly expedited time constraints were imposed on a transaction. TVH appears to be taking evasive actions regarding transparency as well as pushing very hard for an expedited sale. Two huge red flags!