companies that won't survive?
this piece suggests fifteen companies that may not make it to the end of the year---six flags, blockbuster, and krispy kreme?? what would atlanner be without the stench of doughnuts at ponce and argonne?
Six Flags. (SIX; about 30,000 employees; stock down 84%). This theme-park operator has been losing money for several years, and selling off properties to try to pay down debt and get back into the black. But the ride may end prematurely. Moody’s expects cash flow to be negative in 2009, and if consumers aren’t spending during the peak summer season, that could imperil the company’s ability to pay debts coming due later this year and in 2010.
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