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10 American Companies That Will Disappear in 2011

It's sad to hear that borders might be a thing of the past, if there's one super huge chain store that I do like it's borders (and other similar types of stores); I mean hell, you think people would be more inclined to read in this day and age.
 
Savage Brain said:
It's sad to hear that borders might be a thing of the past, if there's one super huge chain store that I do like it's borders (and other similar types of stores); I mean hell, you think people would be more inclined to read in this day and age.
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It's not that people don't like to read, it's that people don't feel like going to a ****ty generic brick and mortar store in a trashy mall to pay $23.99 for a book that they can buy off amazon for 9.99.

Good riddance to everything on the list.
 
Does a spinoff of a foreign company count as an American company?
 
RightinNYC said:
It's not that people don't like to read, it's that people don't feel like going to a ****ty generic brick and mortar store in a trashy mall to pay $23.99 for a book that they can buy off amazon for 9.99.

Good riddance to everything on the list.
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And the jobs, too?
 
It's a shame we'll lose US jobs.
 
apdst said:
And the jobs, too?
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Why are you assuming that the jobs will magically disappear? Most of these companies will "disappear" in the sense that various divisions will be sold off to other companies, continuing operations under another logo.

Are you objecting to the capitalist system that rewards successful companies and punishes unsuccessful ones?
 
RightinNYC said:
Why are you assuming that the jobs will magically disappear? Most of these companies will "disappear" in the sense that various divisions will be sold off to other companies, continuing operations under another logo.

Are you objecting to the capitalist system that rewards successful companies and punishes unsuccessful ones?
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Oh this will be good to watch.
 
The original Borders in downtown Ann Arbor was a wonderful place and I must have purchased a hundred books there over the decades. It was one of the best bookstores you could ever go into. Its sad that they attempted to expand and in doing so it will cost them the life of the company.

It seems that Sara Lee is going to be broken up. They have several very good brands and I hope each can make it.
 
Remember those people that were 'stupid protestors' 10-15 years back speaking out against free trade agreements??? Going into the line of fire of tear gas and rubber bullets to speak out against what these agreements will mean, only to get demonized in the media because some paid provocateurs through a brick through a window??

Well, this was what they were trying to prevent.

Edit : Not specifically those 10 companies, but the general shipping of jobs overseas...
 
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RightinNYC said:
Why are you assuming that the jobs will magically disappear? Most of these companies will "disappear" in the sense that various divisions will be sold off to other companies, continuing operations under another logo.

Are you objecting to the capitalist system that rewards successful companies and punishes unsuccessful ones?
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Maybe. Maybe not. There's no way you can confirm that 100% of these people will retain their jobs.
 
apdst said:
Maybe. Maybe not. There's no way you can confirm that 100% of these people will retain their jobs.
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Which is why I didn't "confirm" that.

Do you get sad every time one company beats out another company? Why are you so sad about this?
 
apdst said:
Maybe. Maybe not. There's no way you can confirm that 100% of these people will retain their jobs.
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So what? Why is that such a tragedy? It's "creative destruction," as Joseph Shumpeter called it. Companies become obsolete, die off, and are replaced by more innovative companies. And that's exactly the way that it should be.
 
RightinNYC said:
It's not that people don't like to read, it's that people don't feel like going to a ****ty generic brick and mortar store in a trashy mall to pay $23.99 for a book that they can buy off amazon for 9.99.

Good riddance to everything on the list.
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Although I'm not a fan of Borders specifically, I think there is something to be said for brick-and-mortar book stores. They have a certain ambiance to them, it's fun to go there and just chill, and they're great places to meet smart chicks.

Unfortunately I guess that isn't enough to keep them profitable in the face of competition from online bookstores and tablet readers. :(
 
RightinNYC said:
It's not that people don't like to read, it's that people don't feel like going to a ****ty generic brick and mortar store in a trashy mall to pay $23.99 for a book that they can buy off amazon for 9.99.

Good riddance to everything on the list.
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apdst said:
And the jobs, too?
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RightinNYC said:
Why are you assuming that the jobs will magically disappear? Most of these companies will "disappear" in the sense that various divisions will be sold off to other companies, continuing operations under another logo.

Are you objecting to the capitalist system that rewards successful companies and punishes unsuccessful ones?
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Hatuey said:
Oh this will be good to watch.
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You took the words right out of my mouth. :popcorn2: anyone?

RightinNYC said:
Which is why I didn't "confirm" that.

Do you get sad every time one company beats out another company? Why are you so sad about this?
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All I can say is there sure was alot of talk about letting the free market system run its course when GM received its bailout. Now, some of those same folks who were tic'd off just 2 short years ago are now upset that the free market system is running its course.

I've said it before and I'll say it again, "You can't have it both ways!" Either this is how the markets are suppose to work in a capitalistic society or we bailout every company when they screw up or their outdated business model is no longer ideal for consumers.
 
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American said:
Bush's fault
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Yoy realize that this is not a list of companies going bankrupt. This is someone's guess mostly of comapnies to be acquired. If these or any other company gets acquired, yes there almost always are layoffs associated. Those synergies with the acquiring company allows for the acquistion.
 
RightinNYC said:
Why are you assuming that the jobs will magically disappear? Most of these companies will "disappear" in the sense that various divisions will be sold off to other companies, continuing operations under another logo.

Are you objecting to the capitalist system that rewards successful companies and punishes unsuccessful ones?
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I don't object to that at all. What I object to is the banksters gettting a break, along with huge bailouts, when they screw up,
 
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