Hi, everyone. Im j. J. Ramberg, and welcome to your business. Your company cannot gain traction if you dont know who your rear customers are. That was the problem one new orleansbased entrepreneur had with his Childrens Party space. While catering to kids he found out the hard way it was the parents he should be making happy. Bouncy castles, gigantic slides, pizza. It looks like heaven to your average kid, and thats exactly what gene sauce was banking on in 2008 when he opened new orleansbased bookoo bounce, an indied party place. After attending party after party where children were the priority, gene saw that he could do Something Different with his company. So often the partys experiences were not geared around the parent so it was hot, uncomfortable, unclean bathrooms, or for that matter safety. It really didnt seem to be an important element often times with offpremise childrens birthday parties. The kids may have been having fun but he knew when it came down to it, the decision w
Hi, everyone. Im j. J. Ramberg, and welcome to your business. Your company cannot gain traction if you dont know who your Real Customers are. That was the problem one new orleansbased entrepreneur had with his Childrens Party space. While catering to kids he found out the hard way it was the parents he should be making happy. Bouncy castles, gigantic slides, pizza. It looks like heaven to your average kid, and thats exactly what gene sauce was banking on in 2008 when he opened new orleansbased bookoo bounce, an Indoor Inflatable Party place. After attending party after party where children were the one and only priority, gene saw that he could do Something Different with his company. So often the partys experiences were not geared around the parent so it was hot, uncomfortable, unclean bathrooms, or for that matter safety. It really didnt seem to be an important element oftentimes with offpremise childrens birthday parties. The kids may have been having fun but gene knew when it came d
harder to answer questions like this. there were rumors going around about the potential insolvency of one or more french banks who own a lot of debt of europe s periphery, greece, spain, italy ireland or portugal. there s that concern. a lot of these frnch banks bought a lot of our toxic assets earlier in the decade. i suspect they haven t marked those down fully either. all the rumors are denied. it led to this sell off this morning that should have been greeted with some follow through after the big rally yesterday on word that the fed is going to hold rates low for at least two more years. ron, at this point are there any new york banks that still have exposure? they were recapitalized from tarp. there was a sense at least that our financial sector was in better shape, but they seem to be pulling the markets down. from a perspective comparing american banks to europe ban banks right now would be a mistake. we did raise extraordinary amount of capital for the u.s. bank
this. there were rumors going around about the potential insolvency of one or more french banks who own a lot of debt of europe s periphery, greece, spain, italy ireland or portugal. there s that concern. a lot of these frnch banks bought a lot of our toxic assets earlier in the decade. i suspect they haven t marked those down fully either. all the rumors are denied. it led to this sell off this morning that should have been greeted with some follow through after the big rally yesterday on word that the fed is going to hold rates low for at least two more years. ron, at this point are there any new york banks that still have exposure? they were recapitalized from tarp. there was a sense at least that our financial sector was in better shape, but they seem to be pulling the markets down. from a perspective comparing american banks to europe ban banks right now would be a mistake. we did raise extraordinary amount of capital for the u.s. banks. they were well capitalized. t
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