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To: al_c
I looked at the list of 15 other companies and found a few I expected Renault (Who even knew Le Junk was still around), United States Steel (How's that hope and change working out for your big heavily unionized company), Eastman Kodak Company (I no longer own any cameras that use film). Like Blockbuster they have business models that just no longer fit the real world.

I didn't expect to see Porsche on the list, and certainly didn't expect to see them at #2. I figured a luxury auto maker might be having problems these days, but I thought someone would buy them up for the name.

As for the green energy companies like #5 Renewable Energy Corporation they grew faster than demand anticipating the governments to make people buy their products. Now that we are in a world wide recession nobody has money to spend on feel good green crap.
18 posted on 09/22/2010 8:25:10 AM PDT by GonzoGOP (There are millions of paranoid people in the world and they are all out to get me.)
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To: GonzoGOP

RE: Eastman Kodak Company (I no longer own any cameras that use film).


If this company goes the way of Blockbuster, that would mean trouble for the city of Rochester, NY, where Kodak is headquartered. They are a big employer there.


37 posted on 09/22/2010 8:45:51 AM PDT by SeekAndFind
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To: GonzoGOP

“I didn’t expect to see Porsche on the list, and certainly didn’t expect to see them at #2. I figured a luxury auto maker might be having problems these days, but I thought someone would buy them up for the name.”

Owned by VW Group. Porsche might go “bankrupt” but Porsche ain’t going out of business.

There is a complex ownership deal between them. Both are doing way, way better than their competitors.


39 posted on 09/22/2010 8:48:49 AM PDT by truth_seeker
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