Category Archives: Bankruptcy

Did the Bankruptcy of Detroit & Stockton Hurt their Economy?

Did the Bankruptcy of Detroit & Stockton Hurt their Economy? | Wolf Street https://wolfstreet.com/2018/04/20/did-the-bankruptcy-of-detroit-stockton-hurt-their-economy/ Re-posted from Wolf Street. Geoff Geoff Comments: No, and that could be a problem…

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Chap. 11 Bankruptcies Spike 63% from Year Ago

Chap. 11 Bankruptcies Spike 63% from Year Ago | Wolf Street https://wolfstreet.com/2018/04/09/chap-11-bankruptcies-spike-63-from-year-ago/ Re-posted from Wolf Street. Geoff Geoff Comments: Since interest rates are rising, this is just the beginning of a flood of bankruptcies since people can’t seem to manage … Continue reading

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Largest U.S. radio company iHeartMedia files for bankruptcy

Largest U.S. radio company iHeartMedia files for bankruptcy https://www.reuters.com/article/us-iheartmedia-bankruptcy/largest-u-s-radio-company-iheartmedia-files-for-bankruptcy-idUSKCN1GR0GB?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F+US+%2F+Top+News%29 Re-posted from Reuters. Geoff Geoff Comments: This is not a small incident, this is a big communications infrastructure problem…

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It’s Just Starting: Moody’s Warns A Deluge Of Retail Bankruptcies Is Coming

It’s Just Starting: Moody’s Warns A Deluge Of Retail Bankruptcies Is Coming | Zero Hedge https://www.zerohedge.com/news/2018-03-15/its-just-starting-moodys-warns-deluge-retail-bankruptcies-coming Re-posted from Zero Hedge. Geoff Geoff Comments: When retail actually craters, it’ll be a bloodbath…

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How Did America Go Bankrupt? Slowly, At First, Then All At Once!!!

How Did America Go Bankrupt? Slowly, At First, Then All At Once!!! | Zero Hedge https://www.zerohedge.com/news/2018-02-18/how-did-america-go-bankrupt-slowly-first-then-all-once Re-posted from Zero Hedge. Geoff Geoff Comments: The same way people go bankrupt…

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On Closer Inspection, Debt of Bankrupt Spanish Construction Firm Grows Four-Fold

On Closer Inspection, Debt of Bankrupt Spanish Construction Firm Grows Four-Fold | Wolf Street https://wolfstreet.com/2018/02/17/on-closer-inspection-debt-of-bankrupt-spanish-construction-firm-grows-four-fold/ Re-posted from Wolf Street. Geoff Geoff Comments: As businesses become unsustainable, the temptation to lie about their condition is hard to resist…

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Moody’s Pegs Venezuela In “Deeper Phase” Of Financial Insolvency | Zero Hedge

Moody’s Pegs Venezuela In “Deeper Phase” Of Financial Insolvency | Zero Hedge https://www.zerohedge.com/news/2018-02-08/moodys-pegs-venezuela-deeper-phase-financial-insolvency Re-posted from Zero Hedge. Geoff Geoff Comments: Venezuela’s socialism sinks into starvation and chaos…

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What’s the Chance of Iconic GE Going Bankrupt?

What’s the Chance of Iconic GE Going Bankrupt? | Wolf Street https://wolfstreet.com/2018/02/05/whats-the-chance-of-iconic-ge-going-bankrupt/ Re-posted from Wolf stree. Geoff Geoff Comments: I am very familiar with GE Capital, and, from where I sit, the chances of a GE bankruptcy are virtually a … Continue reading

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Chap. 11 Bankruptcies Spike 107% from Year Ago

Chap. 11 Bankruptcies Spike 107% from Year Ago | Wolf Street https://wolfstreet.com/2018/01/08/chap-11-bankruptcies-spike-107-from-year-ago/ Re-posted from Wolf Street. Geoff Geoff Comments: The US Economy and Stock Markets are being run like a casino…

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Sears Holdings Exhausts its Last Credit Facility

Sears Holdings Exhausts its Last Credit Facility | Wolf Street https://wolfstreet.com/2017/10/31/sears-holdings-exhausts-its-last-credit-facility/ Re-posted from Wolf Street. Geoff Geoff Comments: Sears Holdings (Sears & K Mart) will not survive the 2017 Holiday Season, they are virtually Bankrupt…

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