Moody’s Investors Service says that there may be 25 large company bankruptcies this year.
Some of the companies are Sirius, Chrysler, Six Flags, Blockbuster, Rite Aid, and my favorite Krispy Kreme.
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.
Please for my sake go buy some KK and eat them as your ride the scream machine at Six Flags
Feb 11
This entry was posted on Wednesday, February 11th, 2009 at 3:57 am and is filed under real news .