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Nine Great American Companies that will never recover
Wall Street 24X7 ^ | 08/04/2012 | Douglas A. McIntyre

Posted on 08/05/2012 2:27:21 PM PDT by SeekAndFind

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1 posted on 08/05/2012 2:27:25 PM PDT by SeekAndFind
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To: SeekAndFind

Seems like most of these companies have embraced a librul outlook to politics.


2 posted on 08/05/2012 2:30:38 PM PDT by Kevmo ( FRINAGOPWIASS: Free Republic Is Not A GOP Website. It's A Socon Site.)
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To: SeekAndFind

Well, I’ll miss Barnes & Noble. Other than that....


3 posted on 08/05/2012 2:31:30 PM PDT by JoeDetweiler
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To: SeekAndFind

NYT great??? Not so much.


4 posted on 08/05/2012 2:36:00 PM PDT by bigbob
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To: SeekAndFind

NYT great??? Not so much.


5 posted on 08/05/2012 2:36:20 PM PDT by bigbob
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To: SeekAndFind
“Dell’s reliance on PC sales has continued to sting, particularly now that the PC era has given way to one dominated by smartphones.”

Knowingly selling laptops that had a tendency to catch fire and telling the customer it was HIS fault didn't help much - I'll never buy from these schmucks again...

6 posted on 08/05/2012 2:36:39 PM PDT by decal (I'm not rude, I don't suffer fools is all.)
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To: SeekAndFind

I am surprised to see Sprint on this list, and claiming that Sprint had poor service. I am a Sprint customer (business account), and my bad experience had been with ATT - a corporation that is even worse on having zampolits in the office, and really deserves to expire.


7 posted on 08/05/2012 2:37:46 PM PDT by Fred Hayek (The Democratic Party is the operational wing of CPUSA.)
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To: SeekAndFind

“At the heart of The New York Times’ uniqueness among American newspapers is the quality of its editorial content. The company has held the line on retaining its large editorial staff.”

Yeah, gotta keep shoveling that agitprop out - facts be damned...


8 posted on 08/05/2012 2:41:05 PM PDT by decal (I'm not rude, I don't suffer fools is all.)
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To: SeekAndFind

If Dell (who bought Perot systems) is on there, even moreso should be HP, which bought Perot’s earlier company. They have parallel business models and business plans.

And there is a surprising omission of the biggest recent FAIL of all, Facebook.


9 posted on 08/05/2012 2:42:16 PM PDT by PAR35
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To: SeekAndFind

When the hell were Groupon, Zynga, or AMD great?


10 posted on 08/05/2012 2:42:25 PM PDT by Terpfen (Any candidate is better than Obama. Any.)
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To: SeekAndFind

Groupon was a great American Co?


11 posted on 08/05/2012 2:44:34 PM PDT by mylife (The Roar Of The Masses Could Be Farts)
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To: SeekAndFind
i hope the first two DO go bankrupt...
12 posted on 08/05/2012 2:45:18 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: SeekAndFind

add Sears to that.


13 posted on 08/05/2012 2:46:39 PM PDT by Perdogg (Let's leave reading things in the Constitution that aren't there to liberals and Dems)
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To: Fred Hayek
Sprint is on the verge of a big comeback - great technology in the pipeline and their deal with Virgin Mobile to provide no-contract service is going to be a big winner with people sick to death of bad service and overpaying the Big Two.

The other companies on the list...well, I guess they aren't so "Great" after all.

14 posted on 08/05/2012 2:51:33 PM PDT by Mr. Jeeves (CTRL-GALT-DELETE)
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To: SeekAndFind

I thought some of these already were gone. Penny’s has closed down all their stores here in the past couple of years, and Sprint Nextel is gone. Bank of America left a long time ago—it shut down its branches here rather than be forced to make loser CRA mortgages in this community. Sears has announced its going out of business here in the spring of 2013.


15 posted on 08/05/2012 2:57:19 PM PDT by kaehurowing
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To: SeekAndFind

It’s the circle of life. I was going to post that at least these companies are not getting bailed out, but oops, there is Bank of America there.


16 posted on 08/05/2012 2:58:45 PM PDT by Vince Ferrer
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To: Vince Ferrer

Why isn’t the Obama/Biden Administration on this list? All their subsidiaries are failures - Solyndra, GM, Acorn. The corporate balance sheet is nothing but red ink as far as the eye can see. There’s no business model that turns a profit. Staffing is bloated with deadwood in departments like Education, Energy, HUD, the EPA, etc. The company is still run along procedural lines established in the 1930’s and the 1960’s and unchanged since.

Time to let this firm go into receivership.


17 posted on 08/05/2012 3:10:03 PM PDT by Argus
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To: Mr. Jeeves

Also important and overlooked is their move to LTE. They won’t have to wait for special phones months after the other biggies because of WiMax. They need to role it out faster and reaslly push their unlimitted and cheaper plans.


18 posted on 08/05/2012 3:12:44 PM PDT by aft_lizard
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To: bigbob

“NYT great??? Not so much.”

Well, maybr in the same way that Farrakhan stated that Hitler was great, wickedly great.


19 posted on 08/05/2012 3:20:52 PM PDT by Dr. Sivana ("I love to hear you talk talk talk, but I hate what I hear you say."-Del Shannon)
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To: SeekAndFind

There’s a couple of companies on here that are going to make it but for sure there are several who deserve to go down in flames.

Groupon

Zynga

Barnes & Noble Inc

NYT

J.C. Penney

The ones not on my list still have very good underlying fundamentals that will keep them going when everyone else burns through their capital.


20 posted on 08/05/2012 3:21:02 PM PDT by Vendome (Don't take life so seriously, you won't live through it anyway)
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