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Over the past few months, I have written some fairly hash articles and entries about General Motors and its course to bankruptcy. If any of you have read my articles up to this point, I’m sure that you’ve all noticed, I’m not a fan of …

Facing a deteriorating global economy Capmark Financial Group, commercial real estate lender and investor, posted a $1.1 billion fourth quarter loss (as opposed to the fourth quarter loss of $11.2 million in 2007). If due dates for loans are not extended, the company may have …

Without finding a buyer, Colorado based New Frontier bank closed. This is the second bank in Colorado to close just this year.
The FDIC was appointed as a receiver of the bank and tried to find a buyer for it. When it was unable, a separate …

Spectrum Brands makes Rayovac batteries, Remington grooming tools, and insect repellents under the name Hot Shot, Cutter, and Repel.
The company filed for Chapter 11 bankruptcy protection in February and is now lowering its net income predictions for 2009 by 23%. It expects to earn $30 …

Today was Circuit City’s last day in business. The Richmond, Virginia based electronics chain closed the remaining 567 stores today leaving 18 million square feet of empty retail space in its wake.
Circuit City filed for Chapter 11 bankruptcy protection in November with hopes of emerging …