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Correct. No one is saying that they should liquidate, just that they should file Chapter 11 and reorganize like a few airlines did several years ago.
Let them fail. They can finally get out of the horrible contracts with the UAW and start to become profitable.
I don't think this is having much if any effect on the price of oil right now. Even if some miracle alternative fuel fell out of the sky...
You're right, it has nothing to do with a global recession that has reduced consumption dramatically.
I don't care what you people say, living in New Orleans is great. I've been here for 6 years and have never been shot at, robbed, mugged, or had...
No, there's not.
You laugh, but it actually is a great time to get into the industry. I would much rather have my bonuses be low when I am just starting out than...
I didn't think it was possible for Chuck to have worse free throw form, but somehow he did it. Maybe there's hope though, Barkley's golf swing on...
These stories reminded me of not as interesting, not as funny Tucker Max stories. They had potential but fizzled in the end.
That's pretty much the gist of it. As the site grows, the market will grow, and as a result the underlying assets should grow. I wouldn't call...
I've heard about this. It looks very interesting and the returns some people are making are astonishing.
Vic & Anthony's is pretty good and the prices are reasonable for a good steak house.
Clinton's economy isn't a great example because it was inflated by the internet bubble and fraudulent accounting. He was pretty lucky with timing...
It's already been listed, but Encyclopedias. Who buys them anymore?
http://www.nymex.com/gol_fut_cso.aspx
Make sure that you don't just buy random stocks and do your research. For some reason people treat buying stock almost like an impulse purchase...
You do understand that you turned unrealized losses into realized losses right?
I think I know someone who may be interested in this case [IMG]
There is a major liquidity crisis on Wall Street right now and many banks (and other non-banking companies) won't survive till November if...
I believe I read that the deposit base cap restrictions have been lifted.