Category Archives: Bankruptcy

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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It’s Over for Sears Canada

It’s Over for Sears Canada | Wolf Street https://wolfstreet.com/2017/10/10/sears-canada-to-liquidate-close-all-stores-lay-off-12000/ Re-posted from Wolf Street. Geoff Geoff Comments: Sears Canada has capitulated…

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Which American Cities Will File Bankruptcy Next?

Which American Cities Will File Bankruptcy Next? | Zero Hedge http://www.zerohedge.com/news/2017-10-05/these-two-charts-depict-which-cities-will-file-bankruptcy-next Re-posted from Zero Hedge. Geoff Geoff Comments: There are a slew of them lining up as we comment…

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The bankrupt utility behind Puerto Rico’s power crisis

The bankrupt utility behind Puerto Rico’s power crisis http://www.reuters.com/article/us-usa-puertorico-utility-specialreport/special-report-the-bankrupt-utility-behind-puerto-ricos-power-crisis-idUSKBN1C92B5?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: Power grid was poorly designed, poorly functioning, and bankrupt before the hurricanes…

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How Did Toys “R” Us Implode So Fast? The CEO Explains

How Did Toys “R” Us Implode So Fast? The CEO Explains | Zero Hedge http://www.zerohedge.com/news/2017-09-20/how-did-toys-r-us-implode-so-fast-ceo-explains Re-posted from Zero Hedge. Geoff Geoff Comments: The collapse of leverage is always catastrophic…

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Here Is The Retail “Chart Of Doom”, Now With Toys “R” Us

Here Is The Retail “Chart Of Doom”, Now With Toys “R” Us | Zero Hedge http://www.zerohedge.com/news/2017-09-19/here-retail-chart-doom-now-toys-r-us Re-posted from Zero Hedge. Geoff Geoff Comments: $14 Billion in Retail defaults in 2017 and we are only 8 months in? It will only … Continue reading

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Toys ‘R’ Us files for chapter 11 bankruptcy

Toys ‘R’ Us files for chapter 11 bankruptcy – MarketWatch http://www.marketwatch.com/story/toys-r-us-files-for-chapter-11-bankruptcy-2017-09-18?siteid=rss&rss=1 Re-posted from Market Watch. Geoff Geoff Comments: The bricks & mortar retailers are dropping like flies, we are witness to the end of an era…

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America Is Going Broke At Mach 30 “And No One Cares”

America Is Going Broke At Mach 30 “And No One Cares” | Zero Hedge http://www.zerohedge.com/news/2017-09-15/america-going-broke-mach-30-and-no-one-cares Re-posted from Zero Hedge. Geoff

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Brick & Mortar Meltdown: Toys R Us Hires Bankruptcy Law Firm

Brick & Mortar Meltdown: Toys R Us Hires Bankruptcy Law Firm | Wolf Street https://wolfstreet.com/2017/09/06/brick-mortar-meltdown-toys-r-us-hires-bankruptcy-law-firm/ Re-posted from Wolf Street. Geoff Geoff Comments: The bricks & mortar retail segment collapse cannot be reversed, have you noticed the trend?

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Hartford Bankruptcy Looms As CT Gov Admits “We Spent Money On Wrong Things”

Hartford Bankruptcy Looms As CT Gov Admits “We Spent Money On Wrong Things” | Zero Hedge http://www.zerohedge.com/news/2017-08-23/hartford-bankruptcy-looms-ct-gov-admits-we-spent-money-wrong-things Re-posted from Zero Hedge. Geoff Geoff Comments: Finally a politician who can’t lie about how great a job he’s done and get away … Continue reading

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