After months of slowly twisting in the financial wind, Midway Games has finally filed for bankruptcy. The Chicago-based publisher today submitted a petition in a federal bankruptcy court in Delaware to seek protection under Chapter 11 of the US Bankruptcy Code. The company blamed the move on las...
CBS 5 asked more than once for Solyndra, the auction company and the bankruptcy trustee to talk on camera. But they all refused. CBS 5 also called the German company that made the glass tubes to see if they would have wanted the tubes back. After all, they are still owed almost $8 m...
Then, in 2013, I watched as politicians called the bailouts a success while the city they were dispatched to "save" fell further into disrepair and finally, bankruptcy. At that moment, I knew that I had to do more than simply vent my feelings in a blog post or a short video. And so...
While hot and cold earnings growth is the norm, the persistent earnings lull since early 2015 has slowly but surely ground some companies into submission … and to the brink of insolvency. Some of them won’t be able to step back from the edge of the cliff before they fall off of it. ...
A few years back, Matomy was fairly strong running a combination of IBV and unique demand. They would be quite aggressive with their flat CPMs and 100% fill tags which was great for publishers. As their ability to generate profits on those tags decreased, they slowly decreased the demand tha...
What you may find, in the current economic climate, is that the builder is either bankrupt, has gone under or slowly going under. If the builder goes out of business, your warranties from the builder will likely be worthless. However, there may be underlying warranties from the materials man...
With Loot Crate having been such a trailblazer in online merchandise subscription services, it's hard not to draw parallels to the recentclosure and re-opening of Toys "R" Us, another company that first found commercial success but then slowly declined as more and more impostor and competitive...
Slowly, the wheels of justice began to grind. In 1983, police arrested Henry Francis Hays, the son of Alabama’s second highest-ranking Klan official, and Knowles, who quickly confessed the crime to the FBI. Knowles was the star witness in Hays’ trial, and both men were convicted and se...