Posts tagged ‘Chapter 11’

Founded in 1857 (163 years ago) McClatchy Newspapers laid off 4% of their staff a year ago. Now, they’re filed Chapter 11 Bankruptcy. Part of it is the Internet/Smart-Phone Age,  – people are getting their news delivered electronically, – and choosing from hundreds of sources;  – and part of it is a constant stream of […]

A123 Belly UP – Just In Time

October 16th, 2012

Just in Time – for tonight’s Debate! Waltham, MA battery-maker A123 goes belly-up– files for Chapter 11 protection. There’s no market for their electric car batteries. Once again the Obama cartel was trying to pick winners.  $250 Million federal + $5 Million from Massachusetts – bye-bye!