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April 29, 2010

In Women We Trust: Lynn Tilton

Lynn Tilton puts her money where her mouth is - LOTS of money - about $7 billion give or take a million. 

I never heard of her until last week, and this week I can't get her words or her mission out of my mind. Here she is on EconoWatch in 2008 at $5 billion and 30 companies, today she has 70 billion invested in her Patriarch Partners group in companies from helicopters to Spiegel Catalog.

Lynn is focused on saving good companies with a solid structure, who may have lost their way, from being chopped up and sold in pieces. She has taken her ideas to Wall Street and Congress and now is taking them directly to the street - main street to be precise.

Saving America's self-esteem one company and job at a time is something I can get behind.


And here she is a year later on Power Lunch a little blonder, bolder and a few billion bigger. She has a plan for saving companies and jobs with her SMERescue, for small and midsized businesses.



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