Corporate Bankruptcies... rolling count of American companies going "BELLY -UP" 2008

[Recession]

MESA Airlines announced on MSNBC

 

[angelatc]

American LaFrance - maker of firetrucks, ambulances and other emergency vehicles

 

[HOLLYWOOD]

American LaFrance - maker of firetrucks, ambulances and other emergency vehicles

Updated list and added the following companies:

Jevic Transportation, Inc. 5/20/2008

BHM Technologies, LLC 5/19/2008

Steakhouse Partners, Inc. (2008) 5/15/2008

IdleAire Technologies Corporation 5/12/2008

Pappas Telecasting Incorporated 5/10/2008

EnCap Golf Holdings, LLC 5/8/2008

Hilex Poly Co. LLC 5/6/2008

Tropicana Entertainment, LLC 5/5/2008

Tarpon Industries, Inc. 4/29/2008

 

[RSLudlum]

The last thing we need is more Manufacturers going under!

 

[RCA]

For the "in trouble" section, don't forget Smurfit-Stone Container Corporation.

3.48 billion in debt and only 10 million in cash, ouch!

Can this thread be made a sticky please?

 

[RCA]

Also:

http://www.bloomberg.com/apps/news?pid=20601087&sid=atLPIR5ozVIg&refer=home

http://www.sentinel-standard.com/articles/2008/05/22/news/02news.txt

http://www.freep.com/apps/pbcs.dll/article?AID=/20080524/BUSINESS01/805240360

http://origin.montereyherald.com/local/ci_9322410

http://www.bizjournals.com/triad/stories/2008/05/12/daily53.html

http://www.forbes.com/feeds/ap/2008/05/14/ap5010789.html

http://www.bizjournals.com/southflorida/stories/2008/05/05/daily31.html

http://www.bizjournals.com/sacramento/stories/2008/04/21/daily49.html

http://www.bizjournals.com/sanfrancisco/stories/2008/04/28/story16.html

http://www.bizjournals.com/southflorida/stories/2008/05/05/daily16.html

http://www.bizjournals.com/atlanta/stories/2008/04/28/daily8.html

http://www.bizjournals.com/southflorida/stories/2008/04/21/daily45.html

http://www.bizjournals.com/dallas/stories/2008/05/19/daily38.html

http://www.altoonamirror.com/page/content.detail/id/507460.html?nav=742

http://www.visaliatimesdelta.com/apps/pbcs.dll/article?AID=/20080512/NEWS01/805120314

http://www.blackenterprise.com/yb/ybopen.asp?section=ybsb&story_id=117360764&ID=blackenterprise

http://www.myrtlebeachonline.com/business/story/449583.html

http://www.bucyrustelegraphforum.com/apps/pbcs.dll/article?AID=/20080524/NEWS01/805240301/1002

http://blog.cleveland.com/business/2008/04/excello_engineered_systems_clo.html

http://www.idahopress.com/news/?id=10396

http://www.azstarnet.com/business/238334

http://kgmb9.com/main/content/view/6732/40/

http://timesunion.com/AspStories/story.asp?storyID=685481&category=BUSINESS&newsdate=5/2/2008

 

[RCA]

A good resource site:

http://bankrupt.com/periodicals/tcr/tcr.html

 

[bucfish]

I say Wachovia needs to be added to the bubble list. They do not look good.

 

[pinkmandy]

...

 

[wirenut]

Won't be much longer Lehman's brothers will be on that list.

 

[slacker921]

Steve & Barry's

NEW YORK (AP) — Steve & Barry's LLC, once a growing force in low-priced fashion retailing, said Wednesday that it filed for Chapter 11 bankruptcy protection, the latest merchant to succumb to a harsh consumer spending climate.

It also announced that it was considering a plan to sell all or some of its assets to repay outstanding debt, and was eliminating 172 corporate and field staff positions immediately. Wendi Kopsick, a spokeswoman for the company, said no decision had been made about possible store closures.

The Port Washington, N.Y.-based chain operates 276 locations in 39 states and made a big splash with merchandising endorsements with actress Sarah Jessica Parker, NBA star Stephon Marbury and other celebrities.

The privately-held parent company and 63 of its affiliates filed for protection from its creditors in the U.S. bankruptcy court for the Southern District of New York. ....

 

[HOLLYWOOD]

Steve & Barry's

The Largest Bankruptcies OF ALL TIME, happen during the BUSH administrations: 1980 - Present GUESS WHO PICKUPS THE 'DIME'?

Why does there always seem to be a BUSH in the Executive Branch when the largest failures occur? Stats in BOLD are Duyba 'JUNIOR' BUSH's disastrous administrations

Gesus... did George Bush declare WAR on Corporations and put them all on the TERRORIST LIST?

Company ************** Bankruptcy Date ******* Total Assets ********Filing Court District
Freddie Mac ----------------------- 07/12/2008 --------- $2,500,000,000,000
Fannie Mae ----------------------- 07/12/2008 --------- $2,500,000,000,000
Worldcom, Inc.----------------- 07/21/2002 --------- $103,914,000,000 NY-S
Enron Corp.* ------------------- 12/2/2001 --------- $63,392,000,000 NY-S
Conseco, Inc. ------------------- 12/18/2002 --------- $61,392,000,000 IL-N
Texaco, Inc. --------------------------- 4/12/1987 ----------- $35,892,000,000 NY-S
Financial Corp. of America ------------9/9/1988 ----------- $33,864,000,000 CA-C
Refco Inc. ----------------------- 10/17/2005 --------- $33,333,172,000 NY-S
IndyMAC ------------------------- 7/10/2008 ---------- $32,100,000,000 CA-C
Global Crossing Ltd. ------------ 1/28/2002 --------- $30,185,000,000 NY-S
Pacific Gas Electric Co. ---------- 4/6/2001 --------- $29,770,000,000 CA-N
UAL Corp. ------------------------- 12/9/2002 --------- $25,197,000,000 IL-N
Delta Air Lines, Inc. ------------- 9/14/2005 --------- $21,801,000,000 NY-S
Adelphia Communications------ 6/25/2002 --------- $21,499,000,000 NY-S
MCorp ------------------------------- 3/31/1989 ------------- $20,228,000,000 TX-S
Mirant Corporation -------------- 7/14/2003 --------- $19,415,000,000 TX-N
Delphi Corporation -------------- 10/8/2005 --------- $16,593,000,000 NY-S

Bear Stearns Bailout----- > The total cost of the bailout won’t be known until July 16, 2008 when the total losses for both funds are calculated. Tallying the losses is taking longer than expected because the securities held by the funds are thinly traded and the market has been volatile, according to published reports.

 

[RideTheDirt]

Anyone got any suggestions for a domain name?

AmericaForSale.fuck

Anyway, I need more info on circuit city. Anybody who knows a good deal about this please post.

 

[angelatc]

Mrs Fields Cookies is going to file Chapter 11. http://multichannelmerchant.com/news/mrs-fields-to-enter-chapter/

 

[wirenut]

steak and ale, bennigan's

http://money.cnn.com/2008/07/29/news/companies/bennigans_bankruptcy.ap/

 

[heavenlyboy34]

Rumors last year were that Bank of America is bankrupt. If you can verify that, PLEASE post!

 

[Crowish]

Archway Cookies, bankrupt.

The country of Iceland.

Linens & Things.

Mervyn's.

Sun Country Airlines.

Bill Heard Chevy - largest Chevy dealerships in USA.

Hawaii Medical Center hospitals.

Movie Gallery video stores.

Hilo Hattie stores.

Goody's clothing stores.

Steve & Barry clothing stores.

Ascendia Co. (makes Mr Bubble).

I don't have the energy to type all the financial co's haha.

Rumor is that Circuit City is going to file.

Who knows what GM is going to do.

 

[torchbearer]

Dillards is going down.

 

[tmosley]

Dillards is going down.

Source on that? Google turned up that they were closing more stores than expected back in March, but that's all I saw.

 

[torchbearer]

Source on that? Google turned up that they were closing more stores than expected back in March, but that's all I saw.

comes from a friend that works at dillards.
they are still scaling back their stores... scaling back their distribution.. and if christmas sucks, they may not recover.
no internet source. primary source local.