A firsthand report from the front lines of the Circuit City liquidation. Mayhem is in full effect as Circuit City is not quite Circuit City and not quite dead. Imagine if a chain electronics store had its head...
created by Jordan Yerman | 48 wks ago | updated 46 wks ago 629 views | 0 recommendations | 6 comments
Department store chain Mervyns, based in California, had previously filed for bankruptcy protection in July 2008 and has now decided to liquidate assets in all of its 149 stores and terminate the business."The...
created by Terri Potratz | 1 year ago | updated 1 year ago 5287 views | 2 recommendations | 5 comments
"I am absolutely convinced that the answer to the gold and silver price conundrum is that the market this week is seeing liquidation of commodities by funds that urgently need cash for other reasons, such as margin calls, which is being balanced by physical buying of gold and...
Update Sept-19: US creates government sponsored Bad Bank Update Sept-17John W. Snow, Cerberus hedge fund CEO (Chrysler) says:"We have a broken Market economy, we have to fix it" Update Sept-15National capitalism...
created by SOLARLIFE | 1 year ago | updated 1 year ago 2293 views | 48 recommendations | 12 comments
A proposal by Conservative leader, David Cameron, to introduce US-Style insolvency rules has come into criticism by corporate recovery specialists. In the US, "Chapter 11" requires that a struggling company...
created by Christina 123 | 1 year ago | updated 1 year ago 228 views | 0 recommendations | 0 comments
"Qaeda puts bounties on heads of Swedes in cartoon row
AFP
AFP - 14 minutes ago
DUBAI (AFP) - An Al-Qaeda front organization in Iraq has offered rewards to anyone who kills two Swedes behind a cartoon depicting...
created by mhmiskin | 2 years ago | updated 2 years ago 1005 views | 4 recommendations | 3 comments