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big bankruptcy coming...rumor on the eco boards

 
buffalojump
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User ID: 599684
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03/16/2009 06:46 PM
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big bankruptcy coming...rumor on the eco boards
the folks over at ticker forum and treeofliberty are claiming there are rumours floating around about the possible bankruptcy of the biggest corporation to ever declare...

top contenders for the general opinions are GM, Chrysler, AIG

I think the auto sector is currently just going through the motions to make it look like they did everything they could to stave off filing for it...that way they will go to court and get out of at least 1/2 of what they owe on pensions- because that's how the courts will rule...
but then again-there's a serious backlash against AIG brewing right now...but letting the huge bond insurer fail will cause a very very serious financial calamity
Anonymous Coward
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03/16/2009 06:47 PM
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Re: big bankruptcy coming...rumor on the eco boards
I think it's GE.
Anonymous Coward
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03/16/2009 06:48 PM
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Re: big bankruptcy coming...rumor on the eco boards
bump
Anonymous Coward
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03/16/2009 06:49 PM
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Re: big bankruptcy coming...rumor on the eco boards
I hope it's AIG then we can really get this show on the road
Lemoning

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03/16/2009 06:49 PM
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Re: big bankruptcy coming...rumor on the eco boards
GM is the obvious one, but it could be one of a number of companies.
[link to cryogames.informe.com]
Anonymous Coward
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03/16/2009 06:50 PM
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Re: big bankruptcy coming...rumor on the eco boards
I think it's GE.
 Quoting: Anonymous Coward 631969


GE or GM. The Fed cannot afford to let AIG go under. Its tentacles extend worldwide.
Anonymous Coward
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03/16/2009 06:50 PM
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Re: big bankruptcy coming...rumor on the eco boards
ALL OF THEM
Anonymous Coward
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03/16/2009 06:51 PM
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Re: big bankruptcy coming...rumor on the eco boards
I wish it were AIG -- but it's prob GM. Things should get interesting real quick.
buffalojump  (OP)

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03/16/2009 06:53 PM
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Re: big bankruptcy coming...rumor on the eco boards
Chrysler is private right?...maybe they will "test the waters" for the rest of them because they haven't asked for any bailout cash and it'll appear to be all "above board" in the pension scam
Anonymous Coward
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03/16/2009 06:58 PM
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Re: big bankruptcy coming...rumor on the eco boards
FORD
GlennQuagmire

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03/16/2009 07:00 PM
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Re: big bankruptcy coming...rumor on the eco boards
FORD
 Quoting: Anonymous Coward 526297


Ford's in way better shape than Chrysler or GM...my bets are hedged on GM...
GiggityGiggityGiggity!
Anonymous Coward
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03/16/2009 07:01 PM
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Re: big bankruptcy coming...rumor on the eco boards
Get Ready for Mass Retail Closings
Posted Feb 19, 2009 11:58am EST by Tech Ticker in Investing, Products and Trends, Recession
Related: sks, ^gspc, jwn, tif, zlc, jcp
About 220,000 stores may close this year in America, says our guest, retail consultant Howard Davidowitz of Davidowitz & Associates. As more Americans save and spend less, it's clear there's too much retail space. Just visit Web site deadmalls.com and track retail's growing body count. And luxury retailers? They're on "life support," Davidowitz says.

Among the brandname stores Davidowitz says are in trouble:

Nordstrom
Neiman Marcus
Tiffany
Jeweler Zale Corp.
Saks
J.C. Penney
Sears
LouisWinthorpeIII

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03/16/2009 07:01 PM
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Re: big bankruptcy coming...rumor on the eco boards
I wish it were GE or IBM...

But that's unlikely.

But it'd be nice the 'control grid people' dying off.
"I don't know which was scarier...the speech...or the Congress cheering it. He evoked Lincoln. Whenever a President is going to get us into serious trouble...they always use Lincoln."
-2010
besensible
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03/16/2009 07:03 PM
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Re: big bankruptcy coming...rumor on the eco boards
it is Rite Aid.
buffalojump  (OP)

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03/16/2009 07:06 PM
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Re: big bankruptcy coming...rumor on the eco boards
somebody said GE..that is very interesting because there were rumors that they were getting backdoor bailout money and they are the largest company in the world with tentacles in almost every kind of business around the globe
Anonymous Coward
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03/16/2009 08:43 PM
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Re: big bankruptcy coming...rumor on the eco boards
GM.
{ARCHER}

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03/16/2009 08:47 PM
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Re: big bankruptcy coming...rumor on the eco boards
it is Rite Aid.
 Quoting: besensible 614266

I figure they will be going down but not sure when. Their prices are rediculous and nobody goes to Rite Aid for anything anymore.

Same with CVS
Anonymous Coward
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03/16/2009 08:48 PM
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Re: big bankruptcy coming...rumor on the eco boards
GM is the obvious one, but it could be one of a number of companies.
 Quoting: Lemoning


I'm pissed at GM, hope it's them.
Seven of Nine

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03/16/2009 08:49 PM
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Re: big bankruptcy coming...rumor on the eco boards
it is Rite Aid.

I figure they will be going down but not sure when. Their prices are rediculous and nobody goes to Rite Aid for anything anymore.

Same with CVS
 Quoting: {ARCHER}


+1

Wal-Mart curse, full effect.
Anonymous Coward
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03/16/2009 08:50 PM
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Re: big bankruptcy coming...rumor on the eco boards
erm, GM and AIG are already written off. Carry on.
Anonymous Coward
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03/16/2009 08:52 PM
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Re: big bankruptcy coming...rumor on the eco boards
radio shack..
Anonymous Coward
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03/16/2009 08:54 PM
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Re: big bankruptcy coming...rumor on the eco boards
My instincts say it's GE because the Obama sucks Union balls and he won't let that cash cow be sad by tanking GM.

Saw an interesting blurb about how GE aviation shut down a Chinese Airline because they were behind on payments. Sounds like they are really hurting for cash.
Anonymous Coward
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03/16/2009 08:55 PM
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Re: big bankruptcy coming...rumor on the eco boards
Do you think this would have anything to do with the AIG bonuses and bankruptcy as a way of breaking the contracts?
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