Which companies will be dropping out first within the next six months?
Post your opinions below.
Post your opinions below.
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General Motors? -
Circuit City and Best Buy for sure.Skype: TriplexprintComment
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The Government can't let GM go under...it would be a serious problem for our National Security. Could you imagine if we let the big three go under and we got into a full scale war? We'd have no production plants to build any of our war machines.
I don't think GM is going to go under, they'll eventually get bailed out but the Government will have their hands buried deep in their operations.
Skype: TriplexprintComment
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Well Circuit City is on the fringe http://investor.circuitcity.com/announcement.cfm and Best Buy is reporting record losses this year so I see them close behind http://www.bloggingstocks.com/2008/1...-its-stocking/Skype: TriplexprintComment
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I think thats only 1 of many parts why they won't let it go down...The Government can't let GM go under...it would be a serious problem for our National Security. Could you imagine if we let the big three go under and we got into a full scale war? We'd have no production plants to build any of our war machines.
I don't think GM is going to go under, they'll eventually get bailed out but the Government will have their hands buried deep in their operations.
The financial fall out of all the loans, bank owed titles / loans it still has and the immediate effect it has on that paper.
You also have to consider most of the states that are largely union thus democratic voters won't be hung out to dry otherwise democrats will feel there supporter base shrink real fast.
Also you have consider that would push various areas of the united states almost into a depression in terms of unemployment.
Right now the democrats are just playing smoke and mirrors so It looks like they are against bailouts and etc but are all for them...
The biggest thing I think is a misconception is that its a bailout rather than call it what it is a loan. Chrysler got a billion dollar loan some years ago and it was repayed ahead of time with interest.100% Exclusive Program Babe-Bucks.com = HotModelClub.com | NextDoor-Models.com
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IntegralPay LLC | www.integralpay.com
Payment solutions outside the box!
Ask about credit card, electronic checks, and alternative payments processingComment
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Citibank unless bought outComment
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Skype: TriplexprintComment
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I could see the car companys going under some "restructuring" they need to get rid of the unions. If they went into paying people per hour...instead of this corporate welfare system. ...also make a better product
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Ny times & la times
nbc, abc, cbsComment
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Maybe playboy?
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Be serious folks I need something to invest in. What;s the next thing to get bailed out hurry upComment
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The 815 stores of Woolworths in the UK
http://news.bbc.co.uk/1/hi/business/7743906.stm
Talks are continuing between troubled retailer Woolworths and its two main banks in an attempt to establish if it is possible to save the iconic chain.
Woolworths has debts of £385m and it is at risk of going into administration.
The firm, which employs 30,000 people around the UK, has been suffering as a result of intense competition.
Earlier this week, it was reported restructuring specialists Hilco were set to pay a nominal £1 for Woolworth's loss-making retail business.
But the BBC's business correspondent Joe Lynam said the banks might prefer to recoup their money by calling in the administrators sooner rather than later.
He added that shares in the firm have tumbled by 92% over the past year - falling 32% on Friday alone - as confidence that the company could meet its day-to-day activities, as well as repay its existing loans, started to fade.
The general retailer has been struggling for some time as competition from more specialist outlets, large supermarkets and the internet has forced down sales.
It has suffered further as the economic slowdown has hit consumer spending.
The firm announced a record first-half pre-tax loss of £90.8 million in September and scrapped its dividend to shareholders.
In August, it rejected a takeover bid of £50m for its 815 stores from a group headed by the founder of the Iceland frozen food chain, Malcolm Walker.
Woolworths has been an icon of the British High Street for almost a century. It also has a distribution business and a DVD publishing business.Last edited by halfpint; 11-24-2008, 02:06 PM.Comment
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Not sure how much longer Playboy is gonna be able to keep their head above water.Comment
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Youtube will run out of financing so they cant pay the bandwidth bill anymore.Don't let greediness blur your vision | You gotta let some shit slide
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Im curious to see, hope not too many thoughComment
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