The Video Transcription:
The natural inclination is to keep bad news away from your bankers when the business runs into financial trouble. Banks have more respect for businessmen who advise them early, keep them informed about their difficulties. In fact, banks consider businesses that hide away their difficulties are really only commercial dreamers and are unlikely to have what is necessary to steer the business to safe land.
Bankers in recent years have learnt that being trigger happy is not always the best result for their bank.
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