Either way unless he has a solid project that creates a product or service that will appeal to a mass he is going to have a tough time keeping this business afloat without some other type of funding....especially in a shop where you need expensive equipment.
It said in the article something about building race motors I'm sorry but you ain't doing that with a drill press from sears but I am sure he is well aware of that.
Interesting to see how this thing ends up.
Also I would love for NYC to have a road course......
Free "The GOD DAMN RANT Thread"!
His money came from the Irish IIRC.
If you're a "system" bank you can turn it into about $850k with a finger snap claiming future interest profits without actually earning them. But you'd need some kind of piece of paper and a fancy office to indicate that you are in fact a systemic banker.
The bonus might just be a gift to make sure he doesn't go somewhere else with his private funds. If I were Mr. Government I'd demand some job securities in return.