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Today’s Ebook – Causes and Effects of the Lehman Brothers Bankruptcy

Today’s featured ebook download is Causes and Effects of the Lehman Brothers Bankruptcy (123 KB, 26 pg) – I argue that the demise of Lehman Brothers is the result of its very aggressive leverage policy in the context of a major financial crisis. The roots …

The Saturn brand will be no more

The Saturn brand will be no more

A few months ago, prior to GM filing for bankruptcy, it tried to sell off a couple of its brands. It was successful at selling Hummer to a Chinese company and Saab to another. Saturn looked like it was going to be sold off to …

Your credit score and job prospects…why it matters

Your credit score and job prospects…why it matters

Credit makes the world go around, at least in our capitalistic country. It seems these days there isn’t much that you can do without it; including landing a job.
It might sound crazy to you, because it definitely sounds crazy to me, but when you apply …

The Pitch – Should Chrysler have filed Bankruptcy?

The Pitch – Should Chrysler have filed Bankruptcy?

Can Chrysler make a comeback from bankruptcy?
Question:
Yesterday, one of the Big 3 U.S. automakers filed for bankruptcy protection. Chrysler hasn’t really had the best time during the current recession. Was filing for bankruptcy the right decision and can the company make a comeback?
Answer:
I feel as …

Goodbye Circuit City

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 …