15 Companies That Might Not Survive 2009 - GoFuckYourself.com

Persius · 02-09-2009, 10:55 AM

Who's next?

http://finance.yahoo.com/news/15-Com...-14279875.html

Interesting Article tells you which companies and why..

The Duck · 02-09-2009, 11:02 AM

Interesting read.

Reak AGV · 02-09-2009, 11:02 AM

Interesting, it says Chrysler might not survive 2009!

seeandsee · 02-09-2009, 11:03 AM

add 100 names to list

alexchechs · 02-09-2009, 11:03 AM

Interesting list. Blockbuster has been a long time coming

ADL Colin · 02-09-2009, 11:21 AM

For you investment freaks::

Edward Altman came up with a scoring system that predicts bankruptcy for companies back in the 60s. It's called the Altman Z scoring system. it has better than 70% accuracy in predicting bankruptcy within 2 years. Every investment I make I run it through altman z.

Here are a few links.
Wiki. http://en.wikipedia.org/wiki/Z-Score..._Analysis_Tool
White paper. http://www.nysscpa.org/cpajournal/old/16641866.htm
Book. http://www.amazon.com/Bankruptcy-Cre...02811&sr= 8-4
calculator. http://www.creditguru.com/CalcAltZ.shtml

This site has the altman z score calculated.
http://www.advfn.com/p.php?pid=finan...ymbol=NYSE%3AM

A few warnings I've had to discover myself.

1. It is not designed to work on financials.
2. there are two versions. One for manufacturers, one for non.
3. If a company has a large finance arm (GE, CAT) you should subtract out the financial receivables from the assets
4. You should subtract out goodwill and intangibles from assets

$5 submissions · 02-09-2009, 11:42 AM

I wonder how much the total job loss effect will be if all those companies do fail. Moreover, how many jobs will be lost due to the "multiplier effect" of the initial job losses.

notime · 02-09-2009, 11:50 AM

if you add those up its like 350.000 jobs on less then 30 companies
not good at all

asianseekerz · 02-09-2009, 11:54 AM

well thinking of it!!!!!!!!!!

Furious_Male · 02-09-2009, 11:56 AM

Sirius has been such a shame. So much potential in this arena but they just can't seem to get things off the ground. First Sirius and XM kill each other by overpaying for talent as competitors and then have to wait well over a year to merge. What a mess.

Six Flags and Blockbuster are two others I will be watching closely. Interesting times we are living in.

M0nk · 02-09-2009, 11:59 AM

did tube sites killed blockbuster.....(?)

Fletch XXX · 02-09-2009, 12:02 PM

OMG buy Krispy kreme we can't lose them!!

Azoy? · 02-09-2009, 12:02 PM

Never understood what the big deal about Krispy Kreme was. Yes the donuts are good but nothing that can kill the competitors who already have a market and clients that follow them day in and day out.
Krispy Kreme never had a unique product that makes them better then anyone else and with everyone going more healthy those fat filled donuts and nothing special.

HorseShit · 02-09-2009, 12:06 PM

oh well, how it goes

tranza · 02-09-2009, 12:12 PM

Quote:

Originally Posted by M0nk

did tube sites killed blockbuster.....(?)

mininova, piratebay, torrentreactor, limeware, kazaa and others helped killing blockbuster....

fuzebox · 02-09-2009, 12:20 PM

I'm the most surprised about Station Casinos, especially with how popular their two newest and biggest casinos are. The same family owns UFC as well.

notime · 02-09-2009, 12:23 PM

Quote:

Originally Posted by tranza

mininova, piratebay, torrentreactor, limeware, kazaa and others helped killing blockbuster....

price decay in dvd sales (not rental) was a partial reason too.
If Warner/Disney/Paramount/Universal are blowing out their top dvds at 1$ to 5$, why would you rent a dvd still?
The cheap VOD on TV & the internet did most of the rest for rental stores.

kane · 02-09-2009, 12:26 PM

Quote:

Originally Posted by Furious_Male

Sirius has been such a shame. So much potential in this arena but they just can't seem to get things off the ground. First Sirius and XM kill each other by overpaying for talent as competitors and then have to wait well over a year to merge. What a mess.

Six Flags and Blockbuster are two others I will be watching closely. Interesting times we are living in.

Yep, when Sirius and XM were competing they overpaid for talent for sure. Stern is worth what they paid him because he brought with him millions of subscribers, but they paid people like Martha Stewart and Oprah and Jamie Foxx millions and I doubt they brought in many new subscribers and now they are stuck with those contracts.

dial · 02-09-2009, 12:28 PM

Quote:

Originally Posted by Azoy?

Never understood what the big deal about Krispy Kreme was. Yes the donuts are good but nothing that can kill the competitors who already have a market and clients that follow them day in and day out.
Krispy Kreme never had a unique product that makes them better then anyone else and with everyone going more healthy those fat filled donuts and nothing special.

seriously? you can't BEAT that fucking sugar waterfall!

dunkin donuts is ALL day old SHIT, krispy kreme is fresh off the donut conveyor belt!

any time I pass a krispy kreme with that light lit up, I stop and get a dozen

the issue with them though, is that everyone, but the south, is trying to be healthy, so that knocks sugar waterfalls and fried dough out of most diets

bronco67 · 02-09-2009, 12:30 PM

I just pillaged my local Rite Aid during their going out of business sale.

woj · 02-09-2009, 12:59 PM

Quote:

Originally Posted by kandah

Interesting read.

John-ACWM · 02-09-2009, 01:22 PM

Quote:

Originally Posted by Reak AGV

Interesting, it says Chrysler might not survive 2009!

That's a pity but we still gonna have the cars

kane · 02-09-2009, 01:38 PM

Quote:

Originally Posted by notime

price decay in dvd sales (not rental) was a partial reason too.
If Warner/Disney/Paramount/Universal are blowing out their top dvds at 1$ to 5$, why would you rent a dvd still?
The cheap VOD on TV & the internet did most of the rest for rental stores.

Yep. When a new movie comes out on DVD many places will put it on sale for around $15. Blockbuster now charges $5 per rental. I know a lot of people who don't rent anymore, they just buy the movie. Also, they used to make a killing with late fees. When they got rid of that it had to hurt them.

brassmonkey · 02-09-2009, 01:39 PM

fuck those companies i want my income to continue

BlackCrayon · 02-09-2009, 02:01 PM

Quote:

Originally Posted by kane

Yep. When a new movie comes out on DVD many places will put it on sale for around $15. Blockbuster now charges $5 per rental. I know a lot of people who don't rent anymore, they just buy the movie. Also, they used to make a killing with late fees. When they got rid of that it had to hurt them.

They should set up something where you can download a movie for say 3 bucks and it will "expire" in 7 days or whatever from the download date. Dvd's can be ripped anyways so even if people make copies its not much different than what is going on now.

Libertine · 02-09-2009, 02:04 PM

Quote:

Originally Posted by M0nk

did tube sites killed blockbuster.....(?)

I'd say Netflix did

PornMD · 02-09-2009, 02:12 PM

Quote:

Originally Posted by Libertine

I'd say Netflix did

Yep - Netflix made the more convenient model and Blockbuster took absolutely forever to come out with their own version of it. Another instance of internet killing brick & mortar.

The one that amazes me on that list is Rite Aid. For a long time it seemed like almost every pharmacy around here was a Rite Aid, and Rite Aid's here are typically a lot bigger than CVS, so they just seemed to be doing pretty well. I guess Walmart entering the prescription market spelled bad news for pharmacies everywhere though.

notime · 02-09-2009, 02:36 PM

Quote:

Originally Posted by tranza

mininova, piratebay, torrentreactor, limeware, kazaa and others helped killing blockbuster....

Quote:

Originally Posted by kane

Yep. When a new movie comes out on DVD many places will put it on sale for around $15. Blockbuster now charges $5 per rental. I know a lot of people who don't rent anymore, they just buy the movie. Also, they used to make a killing with late fees. When they got rid of that it had to hurt them.

All positive things on rental stores, just one was always negative; "late fees".
I hated those all the time

RRRED · 02-09-2009, 03:03 PM

No, not sbarro!!!!

JimmiDean · 02-09-2009, 03:05 PM

The drop in stock prices, is astounding.

xxxjay · 02-09-2009, 03:09 PM

Half of them used to be the darlings of the stock market. Crazy.

LoveSandra · 02-09-2009, 03:14 PM

intersting info

kane · 02-09-2009, 03:15 PM

Quote:

Originally Posted by notime

All positive things on rental stores, just one was always negative; "late fees".
I hated those all the time

I agree. I hated late fees. You were 10 minutes late getting a movie back and it cost you an extra days rental. I think that is what drove a lot of people to buy them. They figured if they rent it and are a day late taking it back it will cost them nearly the same as if they had bought it.

kane · 02-09-2009, 03:17 PM

Quote:

Originally Posted by Libertine

I'd say Netflix did

For sure. Now for about $9 a month you can get a movie a week (or maybe even more) delivered to your house and you can watch a ton of movies online. It is a pretty good bargain for movie lovers.

TeenCat · 02-09-2009, 03:18 PM

interesting for sure, there are big names included ... but why is there sirius, they have merged with xm already or not?

J3ss3Jam3s · 02-09-2009, 03:22 PM

Who would have thunk

BigDickDFromCincinnati · 02-09-2009, 04:11 PM

Very informative, thanks!

Furious_Male · 02-09-2009, 04:18 PM

Quote:

Originally Posted by TeenCat

interesting for sure, there are big names included ... but why is there sirius, they have merged with xm already or not?

Yes and trading at .11 per share. The merger took forever and talent was over paid. Add to that the auto shake down with the economy they took a serious beating.

02-09-2009, 04:27 PM

What's going to happen to the dealers and people that recently bought new Chrysler vehicles if they go under?

I almost bought a new Jeep Rubicon last year, now I am glad I didn't.

Persius · 02-10-2009, 10:53 AM

Quote:

Originally Posted by evildick

What's going to happen to the dealers and people that recently bought new Chrysler vehicles if they go under?

I almost bought a new Jeep Rubicon last year, now I am glad I didn't.

good question.. not sure

ADL Colin · 02-11-2009, 09:00 AM

Well, that was fast.

CHICAGO (MarketWatch) -- Shares of Sirius XM Satellite Radio Inc. dropped 31% in morning trading Wednesday on reports that the company could be close to filing for bankruptcy protection.

The shares were down 3 cents at 8 cents. The stock traded in the $4 range two years ago.

Sirius XM is working with bankruptcy lawyer Mark Thompson of Simpson, Thatcher & Bartlett, and Joseph Bondi, a restructuring expert, to set up a Chapter 11 filing that could come in the next few days, the New York Times reported on its Web site Tuesday evening, citing an unnamed person it described as familiar with the situation.

Iron Fist · 02-11-2009, 09:06 AM

Quote:

Originally Posted by tranza

mininova, piratebay, torrentreactor, limeware, kazaa and others helped killing blockbuster....

Not really.... people are sick and tired of paying almost $6 to watch a movie for one night and then getting "late fee" charged to death because they were a couple days late... their whole business model was developed around late fees, and with that more or less gone, they have been on deathwatch ever since then.

NikKay · 02-11-2009, 09:09 AM

Netflix totally killed Blockbuster. Even with the ability to rip movies online and buy DVDs for $10 or so a pop, Netflix continues to do great. Blockbuster fucked their customers for years so when another option came along, their customers jumped on it with a big FU.

Drake · 02-11-2009, 09:34 AM

I haven't been to a BlockBuster in years.

kane · 02-11-2009, 10:04 AM

Quote:

Originally Posted by NikKay

Netflix totally killed Blockbuster. Even with the ability to rip movies online and buy DVDs for $10 or so a pop, Netflix continues to do great. Blockbuster fucked their customers for years so when another option came along, their customers jumped on it with a big FU.

Another thing is that netflix has a lot more options than Blockbuster. I like a lot of independent movies and documentaries and things like that and Blockbuster just doesn't carry those.

Persius · 02-11-2009, 10:36 AM

Quote:

Originally Posted by NikKay

Netflix totally killed Blockbuster. Even with the ability to rip movies online and buy DVDs for $10 or so a pop, Netflix continues to do great. Blockbuster fucked their customers for years so when another option came along, their customers jumped on it with a big FU.

Well said... Netflix even has the xbox 360 streaming now for 9$ unlimited streaming who would pay for blockbuster

DaddyHalbucks · 02-11-2009, 10:38 AM

I thought Sirius/ XM might make it. The combined company is a monopoly, right?

All they need is some capital, it would seem to be a reasonable investment.

Yes, the high cost of talent hurt them. Howard Stern is a great draw, but at some price he makes no sense. Maybe by paying Stern $500 million --they tried to grow too fast. Factor in the recession, when people are cutting back on non-essential services, and... kaboom.

Elli · 10-19-2010, 10:59 AM

aw man, the original article is gone. I wanted to see how it turned out.

_Richard_ · 10-19-2010, 11:05 AM

Quote:

Originally Posted by Elli

aw man, the original article is gone. I wanted to see how it turned out.

http://money.usnews.com/money/blogs/...vive-2009.html

50 bankruptcies

gleem · 10-19-2010, 11:07 AM

Quote:

Originally Posted by ADL Colin

Well, that was fast.

CHICAGO (MarketWatch) -- Shares of Sirius XM Satellite Radio Inc. dropped 31% in morning trading Wednesday on reports that the company could be close to filing for bankruptcy protection.

The shares were down 3 cents at 8 cents. The stock traded in the $4 range two years ago.

HA! you could have become a millionaire today with a $50,000 investment on Sirius stock back then.

02-09-2009, 10:55 AM	#1
Persius Tap into MOBILE! Industry Role: Join Date: Jul 2003 Location: Hollywood Posts: 11,779	15 Companies That Might Not Survive 2009 Who's next? http://finance.yahoo.com/news/15-Com...-14279875.html Interesting Article tells you which companies and why..

02-09-2009, 11:02 AM	#2
The Duck Adult Content Provider Industry Role: Join Date: May 2005 Location: Europe Posts: 18,243	Interesting read. __________________ Skype Horusmaia ICQ 41555245 Email [email protected]

02-09-2009, 11:02 AM	#3
Reak AGV Confirmed User Join Date: Dec 2004 Location: Unknown Posts: 4,283	Interesting, it says Chrysler might not survive 2009! __________________ Need Mainstream Content and SEO? SEO * Website Copy * Blogs Blogging - PR Work - Forum Marketing - Social Marketing - Link building - Articles 100% Guaranteed Content!

02-09-2009, 11:03 AM	#4
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	add 100 names to list __________________ BUY MY SIG - 50$/Year Contact here

02-09-2009, 11:03 AM	#5
alexchechs Confirmed User Join Date: May 2008 Location: BROOKLYN!!! Posts: 3,474	Interesting list. Blockbuster has been a long time coming __________________ Alex Chechs http://thefawnconspiracy.com

02-09-2009, 11:21 AM	#6
ADL Colin Too lazy to set a custom title Join Date: Feb 2001 Location: Tube Titans, USA Posts: 11,929	For you investment freaks:: Edward Altman came up with a scoring system that predicts bankruptcy for companies back in the 60s. It's called the Altman Z scoring system. it has better than 70% accuracy in predicting bankruptcy within 2 years. Every investment I make I run it through altman z. Here are a few links. Wiki. http://en.wikipedia.org/wiki/Z-Score..._Analysis_Tool White paper. http://www.nysscpa.org/cpajournal/old/16641866.htm Book. http://www.amazon.com/Bankruptcy-Cre...02811&sr= 8-4 calculator. http://www.creditguru.com/CalcAltZ.shtml This site has the altman z score calculated. http://www.advfn.com/p.php?pid=finan...ymbol=NYSE%3AM A few warnings I've had to discover myself. 1. It is not designed to work on financials. 2. there are two versions. One for manufacturers, one for non. 3. If a company has a large finance arm (GE, CAT) you should subtract out the financial receivables from the assets 4. You should subtract out goodwill and intangibles from assets __________________ Adult Date Link - $50 PPS starting NOW! -- good and JUICY! skype = "adultdatelink"

02-09-2009, 11:42 AM	#7
$5 submissions I help you SUCCEED Industry Role: Join Date: Nov 2003 Location: The Pearl of the Orient Seas Posts: 32,195	I wonder how much the total job loss effect will be if all those companies do fail. Moreover, how many jobs will be lost due to the "multiplier effect" of the initial job losses. __________________ Need a NON-ADULT income stream? We build your YOUTUBE CHANNEL for only $20 per video! For Hire: $3/hour or $400 per month Marketing Specialist Virtual Assistants

02-09-2009, 11:50 AM	#8
notime Confirmed User Industry Role: Join Date: Jun 2003 Location: cyberspace Posts: 8,022	if you add those up its like 350.000 jobs on less then 30 companies not good at all

02-09-2009, 11:54 AM	#9
asianseekerz Confirmed User Join Date: Aug 2008 Posts: 1,609	well thinking of it!!!!!!!!!! __________________ LUSTY LIFES : Dad & Daughter Wild Adventures : Naughty Wild Sister Contact : ICQ : 372109 Email add: [email protected]

02-09-2009, 11:56 AM	#10
Furious_Male Doing the grind since 99 Industry Role: Join Date: Oct 2003 Location: Buffalo NY Posts: 16,881	Sirius has been such a shame. So much potential in this arena but they just can't seem to get things off the ground. First Sirius and XM kill each other by overpaying for talent as competitors and then have to wait well over a year to merge. What a mess. Six Flags and Blockbuster are two others I will be watching closely. Interesting times we are living in. __________________ Living in Virtual Reality Contact: Email (preferred): furiousmale .at. gmail - Skype: live:shanedws

02-09-2009, 11:59 AM	#11
M0nk Confirmed User Industry Role: Join Date: Feb 2007 Location: uruguay Posts: 3,502	did tube sites killed blockbuster.....(?) __________________ No! I don´t work for SPACash anymore so stop asking. ICQ: 458651805

02-09-2009, 12:02 PM	#12
Fletch XXX GFY HALL OF FAME DAMMIT!!! Join Date: Jan 2002 Location: that 504 Posts: 60,840	OMG buy Krispy kreme we can't lose them!! __________________ Want an Android App for your tube, membership, or free site? Need banners or promo material? Hit us up (ICQ Fletch: 148841377) or email me fletchxxx at gmail.com - recent work - About me

02-09-2009, 12:02 PM	#13
Azoy? Confirmed User Join Date: Aug 2005 Posts: 2,178	Never understood what the big deal about Krispy Kreme was. Yes the donuts are good but nothing that can kill the competitors who already have a market and clients that follow them day in and day out. Krispy Kreme never had a unique product that makes them better then anyone else and with everyone going more healthy those fat filled donuts and nothing special. __________________

02-09-2009, 12:06 PM	#14
HorseShit Too lazy to set a custom title Join Date: Dec 2004 Posts: 17,513	oh well, how it goes

02-09-2009, 12:20 PM	#16
fuzebox making it rain Industry Role: Join Date: Oct 2003 Location: seattle Posts: 22,114	I'm the most surprised about Station Casinos, especially with how popular their two newest and biggest casinos are. The same family owns UFC as well.

02-09-2009, 12:30 PM	#20
bronco67 Too lazy to set a custom title Join Date: Dec 2006 Posts: 29,032	I just pillaged my local Rite Aid during their going out of business sale. __________________

02-09-2009, 01:39 PM	#24
brassmonkey Pay It Forward Industry Role: Join Date: Sep 2005 Location: Yo Mama House Posts: 77,237	fuck those companies i want my income to continue __________________ TRUMP 2025 KEKAW!!! - The Laken Riley Act Is Law! DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

02-09-2009, 03:03 PM	#29
RRRED Confirmed User Join Date: Jan 2001 Location: WA Posts: 6,754	No, not sbarro!!!!

02-09-2009, 03:05 PM	#30
JimmiDean Confirmed User Join Date: Nov 2004 Location: Margarittaville Posts: 3,433	The drop in stock prices, is astounding. __________________ My God there's Porn on here! Still on the Beach !!!

02-09-2009, 03:09 PM	#31
xxxjay Tube groupie. Industry Role: Join Date: Aug 2002 Location: LoScandalous, CA Posts: 13,482	Half of them used to be the darlings of the stock market. Crazy. __________________ http://donttellmehowtoruinmylife.com/ - http://www.jmdigitalmarketing.com/my...s-and-reviews/ - http://www.wouldyouhitit.org - http://shinyobjectreviews.com/

02-09-2009, 03:14 PM	#32
LoveSandra So Fucking Banned Join Date: Aug 2008 Location: Just Blow Me Posts: 10,551	intersting info

02-09-2009, 03:18 PM	#35
TeenCat Too lazy to set a koala Industry Role: Join Date: Jan 2007 Location: CZ/EU forever! Posts: 16,139	interesting for sure, there are big names included ... but why is there sirius, they have merged with xm already or not? __________________ 6bot / Coming again very soon! Svit Zlin Radio 24/7!

02-09-2009, 03:22 PM	#36
J3ss3Jam3s Confirmed User Industry Role: Join Date: Oct 2008 Posts: 170	Who would have thunk

02-09-2009, 04:11 PM	#37
BigDickDFromCincinnati Confirmed User Join Date: Feb 2009 Posts: 173	Very informative, thanks!

02-09-2009, 04:27 PM	#39
evildick Guest Posts: n/a	What's going to happen to the dealers and people that recently bought new Chrysler vehicles if they go under? I almost bought a new Jeep Rubicon last year, now I am glad I didn't.

02-11-2009, 09:00 AM	#41
ADL Colin Too lazy to set a custom title Join Date: Feb 2001 Location: Tube Titans, USA Posts: 11,929	Well, that was fast. CHICAGO (MarketWatch) -- Shares of Sirius XM Satellite Radio Inc. dropped 31% in morning trading Wednesday on reports that the company could be close to filing for bankruptcy protection. The shares were down 3 cents at 8 cents. The stock traded in the $4 range two years ago. Sirius XM is working with bankruptcy lawyer Mark Thompson of Simpson, Thatcher & Bartlett, and Joseph Bondi, a restructuring expert, to set up a Chapter 11 filing that could come in the next few days, the New York Times reported on its Web site Tuesday evening, citing an unnamed person it described as familiar with the situation. __________________ Adult Date Link - $50 PPS starting NOW! -- good and JUICY! skype = "adultdatelink"

02-11-2009, 09:09 AM	#43
NikKay Confirmed User Industry Role: Join Date: Aug 2001 Posts: 1,642	Netflix totally killed Blockbuster. Even with the ability to rip movies online and buy DVDs for $10 or so a pop, Netflix continues to do great. Blockbuster fucked their customers for years so when another option came along, their customers jumped on it with a big FU.

02-11-2009, 09:34 AM	#44
Drake Hello world! Industry Role: Join Date: Mar 2003 Posts: 12,508	I haven't been to a BlockBuster in years.

02-11-2009, 10:38 AM	#47
DaddyHalbucks A freakin' legend! Industry Role: Join Date: Feb 2004 Location: Las Vegas, Nevada USA Posts: 18,975	I thought Sirius/ XM might make it. The combined company is a monopoly, right? All they need is some capital, it would seem to be a reasonable investment. Yes, the high cost of talent hurt them. Howard Stern is a great draw, but at some price he makes no sense. Maybe by paying Stern $500 million --they tried to grow too fast. Factor in the recession, when people are cutting back on non-essential services, and... kaboom. __________________ Boner Money

10-19-2010, 10:59 AM	#48
Elli Reach for those stars! Industry Role: Join Date: Apr 2003 Location: Vancouver, BC Posts: 17,991	aw man, the original article is gone. I wanted to see how it turned out. __________________ email: [email protected]