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Op-Ed Contributor - Let Detroit Go Bankrupt - NYTimes.com

2 month ago

deusx : Op-Ed Contributor - Let Detroit Go Bankrupt - NYTimes.com - "IF General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye. It won’t go overnight, but its demise will be virtually guaranteed. Without that bailout,

Tags : automotive detroit bailout bankruptcy cars autos management economics

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The United States is now, in some very general sense, bankrupt

3 month ago

Linkorama : The United States is now, in some very general sense, bankrupt - The US is Bankrupt. The problem isn't liquidity, but solvency. Compulsary mark down all mortgage value by 20-30%. Bold!

Tags : politics economics economy finance bankruptcy mortgage bailout

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Deathwatch: Flagship Studios' bankruptcy a cautionary tale for startups

6 month ago

deusx : Deathwatch: Flagship Studios' bankruptcy a cautionary tale for startups - "The company, founded by CEO Bill Roper, formerly of the Starcraft team at Blizzard North, leveraged the intellectual property rights for its two games, Hellgate: London and Mythos, as collateral in order to secure loans to keep the company afloat.&q

Tags : bankruptcy flagshipstudios gaming mythos sad

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Who voted for the bankruptcy bill?

45 month ago

jimray : Who voted for the bankruptcy bill? - Sort by constintuent median household income! [via Talking Points Memo]

Tags : bankruptcy brilliant congress politics

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