A Chat With May's Profile, John Doheny, CEO, Doheny's Water Warehouse

I have good friends that took advantage of the credit markets and leveraged their businesses up with acquisitions, expansions, etc. Today, that model doesn’t seem to be working, regardless of size. The cost of leverage is high today, and in many cases threatening the survival of some very good companies. Bigger isn’t always better. That seems to be the important lesson learned from the current crisis.