Tuesday, February 3, 2009

6 (Well 7) Companies Born During Recessions

Here's an interesting list that shows how difficult times can (and should) be seen as opportunities. These 6 (well 7) companies were born during recessions.

1. Proctor & Gamble - The Panic of 1837
2. IBM - The Long Depression, 1873-1896
3. General Electric (GE) - Panic of 1873
4. General Motors (GM) - Panic of 1907
5. United Technologies Corp. (UTX) - Great Depression - 1929
6. Federal Express (FedEx) - Oil Crisis of 1973
(7. TriStarr Staffing - 1990-1991 Recession)

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