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Article: Struggling firms utilize his 'common sense'
- Article from:
- The Record (Bergen County, NJ)
- Article date:
- September 9, 2009
- Author:
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JOAN VERDON, STAFF WRITER
The Record (Bergen County, NJ)
09-09-2009
Struggling firms utilize his 'common sense' -- Tenafly man aids with turnarounds, restructuring
By JOAN VERDON, STAFF WRITER
Date: 09-09-2009, Wednesday
Section: BUSINESS
Column: EXEC ACCESS
Biographical: ALAN COHEN
Alan Cohen has been studying retail bankruptcies and other business failures for more than 30 years, and he's found that businesses that go bust all have something in common: a shortage of saykhel.
"Saykhel [pronounced SAY-khul] that's Jewish for common sense," Cohen said, holding court in the conference room of Abacus Advisors in Closter. The room was filled with framed mementos of some of the companies he has ...