Wednesday, June 20, 2012

Lynn Tilton and Patriarch Partners

I was talking to a dear friend today and mentioned a woman I had recently heard about named Lynn Tilton, she is the head of a company called Patriarch Partners. I told him I would post some information on her and this is it.

Ms. Tilton owns about 47 different companies in as many industries as you can imagine. She buys companies that manufacture in the United States that are getting ready to go out of business, fixes them up and turns them around. She is committed to creating good jobs for Americans and has been compared to Warren Buffet. I don't spend a lot of time praising people on this site; but, I will absolutely praise her focus and intent.

Part of what destroyed this country was the selling off of our manufacturing abilities. During the 80s "investors" bought U.S. companies with the sole intent of selling the building and equipment which were worth more than the annual profit. Short term profits over the long term profitability of the United States. Ms. Tilton seems to take the opposite approach (she also likes to wear very short skirts which is okay with me).

Here is the link to her companies website which includes a bio on her. Patriarch Partners.

Ms. Tilton is also seeking to hire and executive assistant. I would consider applying except, I don't like to travel much anymore. If you are interested, here is a link to a story about the job.

LAObserved - Looking for work? Lynn Tilton needs an executive assistant

If there is some young gun out there that has the right stuff for the job, they would be better off working for her than taking a job on Wall Street. At least at the end of your career you could talk about all the jobs you created rather than all the people whose pensions you lost.