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Old 03-25-2008, 01:39 AM
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Default Struggling companies

Homeowners aren't alone in struggling to keep up with their interest payments, small & large companies are also. This year, 24 public companies with ***ets worth $9.9 billion have filed for bankruptcy protection, per BankruptcyData.com says.

Things will likely get much worse, companies are struggleing with their debt loads and consumers are cutting back on their spending, "hold on tight we're in for a ride."
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Old 03-25-2008, 07:41 PM
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It is getting bad, I saw my aunt at our Easter Picnic and she was telling me that her boss gave her a 2 month warning that his company was closing, she said this is going to be the 3rd company that has gone belly up. Times are hard, some are harder than others but we will get through it.
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