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Tuesday February 10, 2009 10:31 am
More Companies Predicted to Go Under This Year
Moody’s Investors Service says that there may be 25 large company bankruptcies this year. Ratings from them and other sources came up with a list of those that are feeling the pinch. Sirius, Chrysler, Six Flags, Blockbuster, Rite Aid, and our beloved Krispy Kreme are all at risk of going under. Most of the companies have limited cash, large debts with huge interest payments and little chance of refinancing. While some of this may be inevitable, we suggest you go out and buy American. Treat your family or office to a dozen donuts or a trip to the amusement park.
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- bankrupt, bankruptcy, blockbuster, blockbuster, business, chrysler, financial, krispy kreme, sirius
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Comments:
While I would feel bad if Krispy Kreme would go under… isn’t that part of the problem with their donuts leading to obesity and the high cholesterol in this country or am I being too ignorant?
I have the occasional fast food when it’s my only option but I stopped these donuts years ago because of the sick feeling I got after eating even just one.
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