WEBVTT

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Okay, super.

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Okay, Bill.

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Thanks a lot.

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Bye.

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At American National, one of the people who makes a difference is Dennis O'Neill.

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The important thing is, you know, here we've got a family-run business,

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and we ought to give him the kind of flexibility that he feels he can have to carry him through the season.

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And I don't see any problem with this amount.

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We just want to make sure not to give him half a loaf, so to speak, when he, you know, requires a whole loaf.

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I think a key here in longer-range financing of a family-run business is that

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they maintain the kind of flexibility that they need, even though the loan might be a stretch,

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so that at a point in time when they go public or issue some form of long-term debt,

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the timing on that kind of debt is absolutely appropriate.

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You know, I've always said we do a better job at our homework than anybody else,

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so I think if we get our homework done, you know, we can get together, you know, within the next 24 hours.

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American National, the idea bank where people make the difference.