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The Huffington Post has reported that it has been a little over a year since Congress and former President Bush gave the Treasury Department the authority to distribute hundreds of billions of taxpayer dollars to failing banks, auto manufacturers, and...
Tags: the huffington post, congress, George H. W. Bush, the treasury department, 700 companies, morgan stanley, $10 billion, october 2008, repaid tarp loans june 2009, $69.8 billion, aig, $134 billion, none of principal returned, gm, citigroup, $50 billion, bank of america, merrill lynch, $25 billion, wells fargo, jpmorgan chase, chrysler, chapter 11, $12.8 billion, $12.5 billion, gmac
These are some of the companies that a recent article by CNN.Money.com lists as having gone bankrupt in this unsteady economy. Phoenix Coyotes Perhaps this is the comeuppance for planting a hockey team in the desert. In May, the Phoenix...
Tags: phoenix coyotes, chapter 11, bankruptcy, million, billion, debts, assets, jim balsillie, jerry reinsdorf, hockey, team, hartmarx, brands, clothing, six flags, parks, company, established, consumers, wall street, stores, products, filenes basement, syms, travelers, recession, hotel chain, crunch gym
According to CNNMoney.com, these franchises filed for bankruptcy: Mrs. Fields, Salt Lake City, Utah: In August 2008, Mrs. Fields Famous, the parent brand of 1,200 TCBY and Mrs. Fields Cookies stores, filed for a short-lived Chapter 11 bankruptcy. In...
Tags: franchises, bankruptcy, mrs. fields, salt lake city, utah, mrs. fields famous, tcby, mrs. fields cookies, chapter 11, franchisees, cork and olive, tampa, florida, bennigans, plano, texas, chapter 7, santa clara, california, charleston, west virginia, chicago, illinois, dial-a-mattress, long island city, new york, 1-800-mattress, sleepys, bally total fitness, fatburger, santa monica, nevada, fatburger restaurants, fatburger corp. buffets inc., eagan, minnesota, buffets holdings, old country buffet, hometown buffet, ryans