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

K B Toys closing 356 stores
Movie Galley Closing all stores
Pep Boys Closing 33 stores
Macys to close 9 stores after January
Disney closing 98 stores and will close more after January.
GAP closing 85 stores
Cache will close all stores
Ann Taylor 117 stores nationwide closing
 
Lenox china filed for bankruptcy re organization. Quite a few makers of china have done the same in Europe.

Back to eating off paper plates I guess.
 
http://www.wcnc.com/news/local/stories/wcnc-112508-mw-steve_barrys.1e9cb1fd3.html

CHARLOTTE, N.C. -- Steve and Barry's is closing all of its stores in the United States.

The retailer is closing a total of 173 stores, including all locations in the Charlotte area.

The retailer says it's selling off everything it has, and merchandise will be heavily discounted during the going-out-of-business sales.

Stores will be closing within five to seven weeks.
Click to expand...

It's a casual clothing chain.
 
Car dealerships in my area that have closed so far this year:

Monday: Inland Valley Buick Pontiac GMC, San Bernardino CLOSED

Shaver Auto Center (Chrysler/Jeep), Shaver Kia, San Bernardino CLOSED

August: Freeway Lincoln-Mercury, San Bernardino CLOSED

June: Moss Bros. Ford, Colton CLOSED

March: Saturn of Loma Linda CLOSED
 
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Hey Hollywood you should create another section on the first page.

Automotive Dealerships..

There is going to be a huge wave going under coming soon..
 
Added a bunch... notables

Bally Total Fitness Holding Corp.
Hawaiian Telcom Communications ( largest phone company in Hawaii..
LandAmerica Financial Group
Agriprocessors Inc. <=== The kosher meatpacking company in Iowa that criminal charges and huge fines for labor violations
Trump Entertainment Resorts Will file Chapter 33! 3 round



another Carlyle Group bucher mess... you know, like Mitt Romney's Bain Capital Vultures
 
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HOLLYWOOD said:
Added a bunch... notables

Bally Total Fitness Holding Corp.
Hawaiian Telcom Communications ( largest phone company in Hawaii..
LandAmerica Financial Group
Agriprocessors Inc. <=== The kosher meatpacking company in Iowa that criminal charges and huge fines for labor violations
Trump Entertainment Resorts Will file Chapter 33! 3 round



another Carlyle Group bucher mess... you know, like Mitt Romney's Bain Capital Vultures
Click to expand...

What's Chapter 33? Too lazy to do a google search.
 
danberkeley said:
What's Chapter 33? Too lazy to do a google search.
Click to expand...

Narcissistic Sociopath Donald Trump's third time he's filing Chapter 11...

Trump Entertainment Resorts

3 x Chapter 11 = Chapter 33 :rolleyes:

Gesus Trump is like Herpes... He just never goes away
 
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FrankRep said:
Thump has tons of businesses, one failing business means little.
Click to expand...

ANybody investigate TRUMP's current EMPIRE?

You know he's a man of Leverage... Adding up his Assets/Liabilities/Debts/Revenues/Cash Flow

would be a much better justification to: "means little"

So how's Donny Doing?
 
HOLLYWOOD said:
ANybody investigate TRUMP's current EMPIRE?

You know he's a man of Leverage... Adding up his Assets/Liabilities/Debts/Revenues/Cash Flow

would be a much better justification to: "means little"

So how's Donny Doing?
Click to expand...

Donny Deutsch? Is he still hosting "The Big Idea"?
 
Tweeter shuttered their stores early and fired all 600 employees today. They were not suppose to close until Sunday.

Dec. should set a new record for job losses.
 
danberkeley said:
Donny Deutsch? Is he still hosting "The Big Idea"?
Click to expand...

Donald "DONNY" Trump Dec 1 has been a reality check for the SOCIOPATH lookie:

http://www.huffingtonpost.com/2008/11/30/trump-entertainment-to-mi_n_147249.html

Defaults $53 Million payment on Trump Entertainment

http://www.nbcchicago.com/around_town/real_estate/Trump-Sued-Over-Chicago-Tower.html?corder=&pg=10

Trump Sued... Deutsche Bank Trust Co. Americas filed the suit Friday in Manhattan's New York state court, alleging Trump didn't pay off a remaining $334.2 million loan due on Nov. 7 to Deutsche Bank and its syndicate of lenders.

Somebody ought to asking Donald Slump this question:

http://www.trumpuniversity.com/blog/post/2007/02/how-healthy-is-your-enterprise.cfm

January 2007 worth: $2.8 Billion

January 2009's worth: -$?.? Billion

The actual worth of his largely private empire is, of course, hard to pin down. Forbes estimates it at $2.9 billion. Trump has his chief financial officer, Allen Weisselberg, show me documents that put his net worth at roughly $4.1 billion as of June, 2006, with assets totaling $4.8 billion and liabilities of around $700 million. That includes a valuation of $370 million for Trump Tower which has a $25 million mortgage--"and that's because there's no prepayment clause!"-- as well as $900 million for "club facilities and related real estate" such as 75 residential lots along the Palos Verdes Peninsula near Los Angeles. Then there's the value of his name, which Trump calls "the hottest brand on the planet." It's not Coca-Cola (KO ), but who else gets equity stakes in prime properties for putting up their name and little else?

Why this is the stuff of lawsuits is another question. By most sane assessments, Trump is rich. When he puts his name on bottled water, vodka, or a business suit, it sells. Trump buildings get a premium. People clamor to hear his speeches, for which he gets as much as $1.5 million a pop. They buy his books. They even still watch his reality TV show, with 9.1 million viewers tuning into the Jan. 7 premiere.

The truth is that Trump likes combat, especially when it's played out in public. He's suing the town of Palm Beach, Fla., for $25 million, with the money earmarked for "returning Iraqi vets" if he wins, because of the town's alleged harassment when it tried to get him to take down an 80-foot flag pole at his private club, Mar-A-Lago. "In life, you have fighters and nonfighters. You have winners and losers," says Trump. "I am both a fighter and a winner."
 
HOLLYWOOD said:
Donald "DONNY" Trump Dec 1 has been a reality check for the SOCIOPATH lookie:

http://www.huffingtonpost.com/2008/11/30/trump-entertainment-to-mi_n_147249.html

Defaults $53 Million payment on Trump Entertainment

http://www.nbcchicago.com/around_town/real_estate/Trump-Sued-Over-Chicago-Tower.html?corder=&pg=10

Trump Sued Deutsche Bank Trust Co. Americas filed the suit Friday in Manhattan's New York state court, alleging Trump didn't pay off a remaining $334.2 million loan due on Nov. 7 to Deutsche Bank and its syndicate of lenders.

Somebody ought to asking Donald Slump this question:

http://www.trumpuniversity.com/blog/post/2007/02/how-healthy-is-your-enterprise.cfm

January 2007 worth: $2.8 Billion

January 2009's worth: -$?.? Billion

The actual worth of his largely private empire is, of course, hard to pin down. Forbes estimates it at $2.9 billion. Trump has his chief financial officer, Allen Weisselberg, show me documents that put his net worth at roughly $4.1 billion as of June, 2006, with assets totaling $4.8 billion and liabilities of around $700 million. That includes a valuation of $370 million for Trump Tower which has a $25 million mortgage--"and that's because there's no prepayment clause!"-- as well as $900 million for "club facilities and related real estate" such as 75 residential lots along the Palos Verdes Peninsula near Los Angeles. Then there's the value of his name, which Trump calls "the hottest brand on the planet." It's not Coca-Cola (KO ), but who else gets equity stakes in prime properties for putting up their name and little else?

Why this is the stuff of lawsuits is another question. By most sane assessments, Trump is rich. When he puts his name on bottled water, vodka, or a business suit, it sells. Trump buildings get a premium. People clamor to hear his speeches, for which he gets as much as $1.5 million a pop. They buy his books. They even still watch his reality TV show, with 9.1 million viewers tuning into the Jan. 7 premiere.

The truth is that Trump likes combat, especially when it's played out in public. He's suing the town of Palm Beach, Fla., for $25 million, with the money earmarked for "returning Iraqi vets" if he wins, because of the town's alleged harassment when it tried to get him to take down an 80-foot flag pole at his private club, Mar-A-Lago. "In life, you have fighters and nonfighters. You have winners and losers," says Trump. "I am both a fighter and a winner."
Click to expand...

Say what? Donald Trump's nickname has always been the "The Donald".
 
danberkeley said:
Say what? Donald Trump's nickname has always been the "The Donald".
Click to expand...

Not if you're dealing with the Bookies and Mafia funding groups! LOL

The Donald - that's his conjued-up Narcissistic nickname

You wanta know when Donald Trump is doing Good or Bad?

Good = Conceited Mogul NEVER shuts up!

Bad = Conceited Mogul is MIA!
 
Added

TRIBUNE ENTERTAINMENT - Tribune broadcasting, Chicago & LA Times newspapers, 23 TV stations, and a bunch other Tribune affiliates.
The Baltimore Opera Co.
EZ Lube, LLC
Equity Media Holdings Corporation
Eclipse Aviation Corporation
Empire Land, LLC
Pilgrim’s Pride
Village Homes of Colorado
Tweeter Opco
Lenox Sales, Inc


Empire Land, LLC and its subsidiaries from cases under chapter 11 of the Bankruptcy Code to cases under chapter 7 of the Bankruptcy Code.

Equity Media Holdings Corporation filed a voluntary petition under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Eastern District of Arkansas. The company operates English- and Spanish-language radio stations in 41 U.S. cities.

some links to articles on corporate bankruptcies around the country:

http://www.bizjournals.com/phoenix/stories/2007/07/09/daily4.html?surround=lfn&brthrs=1

NFL cuts 10% of it's workforce!

Whata environment, eh?
 
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