[marshmallow]

The general delight which greets this event, simply because Rosie O'Donnell is/was on the payroll, amazes me.

Two big companies like K-Mart and Enron going down the gurgler, in quick succession, is bad news for the American economy. Not to mention the hardship this means for those who are now without a job and the ripple effects which will be felt by many smaller businesses.

This is like celebrating a nuclear srike on New York, simply because Hillary Clinton happened to be among the dead.

[flamefront]

Rosie?

Did you notice in the NY Times article:

Oddly, the spectacular failure of the Enron Corporation (news/ quote), already the largest corporate bankruptcy ever, may have had as much to do with Kmart's failure as skittish suppliers and hard- nosed bankers.

Kmart relies on surety bonds, essentially agreements by insurance companies to continue financing in case of a default, to back its workers' compensation program and to cover liabilities arising from its sales of guns and liquor, advisers and executives close to the company said.

Enron depended on such bonds, too, and after it went bankrupt, leaving insurance companies to cover its liabilities, insurers drastically raised prices for surety bonds. In Kmart's case, insurers were requiring cash collateral for the securities.

Did she help it happen?

[TaxPayer2000]

The general delight which greets this event, simply because Rosie O'Donnell is/was on the payroll, amazes me...........

you took the words right off my keyboard, ....

[jpsb]

I say good ridance to the k-marks of the world. The K-marks and Wallmarts put thousands and thousands of mom and pop stores out of business all over this country by selling cheap third world crap. Go to a discount store and try and find American made goods there. It's all made in China so screw them.