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Mike Taylor, president of Houston-based Environmental Credit noted that GM’s plan to buy credits from Tesla might have a long term goal. It can be a hedge for the future in case of a regime change.
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Debt in itself isn’t bad. Borrowing can help governments and businesses grow. the United States will have to continue relying on investors – and in particular foreign nations – to buy its bonds.
mortgage company Houston Founded in 1992 by Jim Murnane, Pinnacle Mortgage Company (PMC) is a full service commercial mortgage banking firm. PMC is a Direct Private Lender for hard money/asset based loans for Texas commercial and investment real estate. The company has funded over $120MM since inception.
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