Posted on 12/23/2008 9:01:53 AM PST by theymakemesick
A lot of fairly well-known public companies either disappeared or went bankrupt this year. Circuit City is on the list. Based on the most recent news GM may get added soon.
24/7 Wall St. looked at some of the largest and most well-known companies, reviewed their SEC filings if they are public, analyst reports, and media observations about their businesses and picked ten that probably won’t be around at the end of next year. That does not mean that their brands will disappear, but these companies will have been dissolved as the world knows them now or working though the court system in the hopes of getting Chapter 11 protection and a chance at survival.
(Excerpt) Read more at 247wallst.com ...
While the NY Times going out of business would be an event to relish in many ways, it would be incomplete and disappointing if it did not also cause Pinch to be put in the street, begging for his next meal.
Murdoch purchasing it and purging current management and staff would be a wonderful site to behold.
Don’t own an iPod and never will(though I do own a Creative Zen). I have bought two Apple products in my life and they both sucked. I am too independent to allow Steve Job to determine how I will run my life. I do have 6 disc CD player in the truck and listen to CD’s, but on long drives it is nice to just turn on one of my favorite stations and listen to good music for a couple of hours with no commercials.
“Hey! I have an idea: let’s make people pay for radio, and then still subject them to commercials!... “
Yep, the “no commerical” hype is just that, hype. Only the lousy music channels are commercial free. Everything else has loads of commericals and all the same; prescription drugs, penis enlargers scams, hair growth scams, financial scams, and credit counseling scams.
We let our vehicles lapse this year. I won’t be paying for what is nothing but a mix of a few cable TV channels and Internet style porno advertising.
Not until it's too late for them, I'd wager. Reminds me of the fable about the goose that laid the golden eggs.
XM and Sirius will make a killing if the Fairness Doctrine knocks Rush & co. off the air. Might be a good time to pick up some bargains if Sirius is trading at 10 cents a share ...
The New York Slimes won’t be down for breakfast!! Hooray!!
If News Corp purchase the NY Times, look for a lot of overpaid journwhoralists to be collecting unemployment and for old style (pre-1970) journalists to replace them. Also look to the subsidiaries such as the Boston Globe to simply be shuttered.
I would not lose a minute of sleep if they do, in fact, I would relish it. They have been instrumental in the decay and destruction to date of this country.
" ... They may not be in business but they sure are in my wallet."
They need to be put out of the stealing business ... one way or the other.
I have two iPods and love them both. The ability to have tens of thousands of songs at my fingertips, along with thousands of photos and hundreds upon hundreds of hours of podcasts and old time radio shows is something unimaginable just a few years ago, and now, something I wonder what I would do without.
Imagine an insurance company with ZERO underwriting standards in any line. Undercut any price offered and, "hey send us the app when you get around to it." Burn in hell, mo' fk's.
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