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Corporate180: Failing Due to Ineptitude or Bush Bailout Backlash?

by Business Distress Wednesday, Aug. 26, 2009 at 3:06 AM

Corporate180 is having serious problems: are they due to a backlash against the Bush Administration or the company's failure to perform in key business areas?

Corporate180, based in Fairfax, VA but with satellite offices in Los Angeles, CA and Miami, FL, seems to be having trouble getting off the ground.

They offer “crisis mediation” services-helping companies in trouble. Maybe they need a dose of their own medicine?

Their approach seems sound-seek out troubled companies using court records and other resources, and then contact them to see if there is a fit.

This does not seem to be working too well. Corporate180’s research team has been known to make serious mistakes!

For example, a review of court records will reveal that “International Inductors” has been sued by a bank.

Instead, however, of locating “International Inductors” Corporate180 locates “Induction International” and contacts them. Obviously, “Induction International” knows nothing about the lawsuit, and may, understandably, be annoyed by the contact. This is especially true when a quick Internet search shows that “Induction International” is thousands of miles away from “International Inductors” and that the contact information for “International Inductors” is readily available!

This makes Corporate180 look bad, and they’re also not reaching the people they need to reach.

Also, if they offer business research services, their overall competence is certainly called into question. “Ready Fire Aim” is not the way to do it!

The company also seems to have some internal issues. The company has only been in operation for a few months, but there are already reports of litigation between the principals.

In addition, the company’s core negotiation team appears to consist of Peter and Helen Evans. They are Washington, DC-based real estate agents, but also well known conservative commentators. Their high “neocon” profile may be damaging the company’s reputation, given the “bailout backlash” against the Bush Administration.

They have, by some accounts, been less than gracious when errors in business research have been pointed out to them by parties receiving rather incomprehensible phone calls.

Finally, CEO Andrew Flint appears to be an opponent of free speech, and is unwilling to admit that the company has made some mistakes.

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