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-   -   Which companies will be dropping within the next six months? (https://gfy.com/showthread.php?t=871299)

Abyss_Vee 11-24-2008 01:00 PM

Which companies will be dropping within the next six months?
 
Which companies will be dropping out first within the next six months?

Post your opinions below.

Rorschach 11-24-2008 01:02 PM

General Motors?

TripleXPrint 11-24-2008 01:03 PM

Circuit City and Best Buy for sure.

FreeHugeMovies 11-24-2008 01:05 PM

Quote:

Originally Posted by TripleXPrint (Post 15099040)
Circuit City and Best Buy for sure.

Wrong / Wrong

TripleXPrint 11-24-2008 01:05 PM

Quote:

Originally Posted by Rorschach (Post 15099036)
General Motors?

The Government can't let GM go under...it would be a serious problem for our National Security. Could you imagine if we let the big three go under and we got into a full scale war? We'd have no production plants to build any of our war machines.

I don't think GM is going to go under, they'll eventually get bailed out but the Government will have their hands buried deep in their operations. :2 cents:

TripleXPrint 11-24-2008 01:09 PM

Quote:

Originally Posted by FreeHugeMovies (Post 15099045)
Wrong / Wrong

Well Circuit City is on the fringe http://investor.circuitcity.com/announcement.cfm and Best Buy is reporting record losses this year so I see them close behind http://www.bloggingstocks.com/2008/1...-its-stocking/

MovieMaster 11-24-2008 01:16 PM

Quote:

Originally Posted by TripleXPrint (Post 15099048)
The Government can't let GM go under...it would be a serious problem for our National Security. Could you imagine if we let the big three go under and we got into a full scale war? We'd have no production plants to build any of our war machines.

I don't think GM is going to go under, they'll eventually get bailed out but the Government will have their hands buried deep in their operations. :2 cents:

I think thats only 1 of many parts why they won't let it go down...

The financial fall out of all the loans, bank owed titles / loans it still has and the immediate effect it has on that paper.

You also have to consider most of the states that are largely union thus democratic voters won't be hung out to dry otherwise democrats will feel there supporter base shrink real fast.

Also you have consider that would push various areas of the united states almost into a depression in terms of unemployment.

Right now the democrats are just playing smoke and mirrors so It looks like they are against bailouts and etc but are all for them...

The biggest thing I think is a misconception is that its a bailout rather than call it what it is a loan. Chrysler got a billion dollar loan some years ago and it was repayed ahead of time with interest.

Relentless 11-24-2008 01:29 PM

Quote:

Originally Posted by Abyss_Vee (Post 15099026)
Which companies will be dropping out first within the next six months? Post your opinions below.

Ahh I thought you mean adult companies...

jalami 11-24-2008 01:38 PM

Quote:

Originally Posted by TripleXPrint (Post 15099048)
The Government can't let GM go under...it would be a serious problem for our National Security. Could you imagine if we let the big three go under and we got into a full scale war? We'd have no production plants to build any of our war machines.

Chapter 11 bankruptcy doesn't automatically trigger the destruction of their production plants.

mvee 11-24-2008 02:06 PM

Quote:

Originally Posted by Relentless (Post 15099141)
Ahh I thought you mean adult companies...

Me too!!

ARC-Alex 11-24-2008 02:33 PM

Citibank unless bought out

TripleXPrint 11-24-2008 02:44 PM

Quote:

Originally Posted by ARC-Alex (Post 15099351)
Citibank unless bought out

They already got bailed out.

http://www.thestreet.com/story/10449...E E&cm_ite=NA

Big Red Machine 11-24-2008 03:03 PM

I could see the car companys going under some "restructuring" they need to get rid of the unions. If they went into paying people per hour...instead of this corporate welfare system. ...also make a better product

LilBro 11-24-2008 03:04 PM

Ny times & la times
nbc, abc, cbs

IllTestYourGirls 11-24-2008 03:07 PM

Maybe playboy?

BradM 11-24-2008 03:08 PM

Be serious folks I need something to invest in. What;s the next thing to get bailed out hurry up

IllTestYourGirls 11-24-2008 03:08 PM

Quote:

Originally Posted by jalami (Post 15099176)
Chapter 11 bankruptcy doesn't automatically trigger the destruction of their production plants.

And the often over looked fact that someone would buy the companies and they would still be producing some sort of car/truck in the near future. :2 cents:

halfpint 11-24-2008 04:05 PM

The 815 stores of Woolworths in the UK

http://news.bbc.co.uk/1/hi/business/7743906.stm

Talks are continuing between troubled retailer Woolworths and its two main banks in an attempt to establish if it is possible to save the iconic chain.

Woolworths has debts of £385m and it is at risk of going into administration.

The firm, which employs 30,000 people around the UK, has been suffering as a result of intense competition.

Earlier this week, it was reported restructuring specialists Hilco were set to pay a nominal £1 for Woolworth's loss-making retail business.

But the BBC's business correspondent Joe Lynam said the banks might prefer to recoup their money by calling in the administrators sooner rather than later.

He added that shares in the firm have tumbled by 92% over the past year - falling 32% on Friday alone - as confidence that the company could meet its day-to-day activities, as well as repay its existing loans, started to fade.

The general retailer has been struggling for some time as competition from more specialist outlets, large supermarkets and the internet has forced down sales.

It has suffered further as the economic slowdown has hit consumer spending.

The firm announced a record first-half pre-tax loss of £90.8 million in September and scrapped its dividend to shareholders.

In August, it rejected a takeover bid of £50m for its 815 stores from a group headed by the founder of the Iceland frozen food chain, Malcolm Walker.

Woolworths has been an icon of the British High Street for almost a century. It also has a distribution business and a DVD publishing business.

spacedog 11-24-2008 04:14 PM

Quote:

Originally Posted by BradM (Post 15099503)
Be serious folks I need something to invest in. What;s the next thing to get bailed out hurry up

Invest in RGR.. no bailout, but looks promising for a cheap stock under $10 per

Firearms are doing well in this economy... could try S&W too

DWB 11-24-2008 04:15 PM

Not sure how much longer Playboy is gonna be able to keep their head above water.

Barefootsies 11-25-2008 06:11 AM

Quote:

Originally Posted by FreeHugeMovies (Post 15099045)
Wrong / Wrong

Correct.

grumpy 11-25-2008 07:27 AM

Youtube will run out of financing so they cant pay the bandwidth bill anymore.

[db] 11-25-2008 07:35 AM

Quote:

Originally Posted by grumpy (Post 15102563)
Youtube will run out of financing so they cant pay the bandwidth bill anymore.

yeah I heard Google is running low on money and bandwidth.

The amount they paid, they'll never close the doors. Why they haven't added advertisements before or after the clips yet is a complete mystery to me.

NickB. 11-25-2008 07:36 AM

Im curious to see, hope not too many though

StarkReality 11-25-2008 07:45 AM

Quote:

Originally Posted by [db] (Post 15102602)
yeah I heard Google is running low on money and bandwidth.

The amount they paid, they'll never close the doors. Why they haven't added advertisements before or after the clips yet is a complete mystery to me.

Well, probably charging you $0.50 for a click via adwords and paying only $0.04 for this click via adsense still makes google enough to neglegt monetizing youtube.


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