1min chapter

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#91 Jim Clayton (Sold to Warren Buffett)

Founders

CHAPTER

Tom's Finance Department Was Audited

Clayton was taught to watch his costs. He did not adhere to that. The bank is demanding immediate payment of all principal interest, all 275,000 of it today. We weren't behind on any payments of the bank. We never had been. And you're going to see why, because this is what he says right here. It wasn't possible. It didn't make sense.

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