going out of business in 2010

Discussion in 'The Lounge' started by KingSteve, Jan 13, 2009.

  1. KingSteve

    KingSteve MajorGeek

  2. DavidGP

    DavidGP MajorGeeks Forum Administrator - Grand Pooh-Bah Staff Member

    Dont think they had any information about what companies where going to disapear as all the predictions (unless I missed one) said "unlikely" to disapear or maybe taken over, seeing the list that had, maybe some of the smaller ones will be bought out by the big boys but many of those companies listed seem at this point cash rich.

    TBH think the article is a non-event just cashing in on this "financial crisis" to get views, not to say some companies will not go out of business, but reading alot of background on some companies in UK that have going into administration (chapter 11 think in USA) that they where in financial trouble long before this banking issue started to affect other companies.
     

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