List of Business Failures From Jan 08 to Feb 09 is appalling.

A total of 72 multi-billion dollar business houses collapsed in 2008. So on an average 6 closing shutters every month. Things have heated up in 2009 quite dramatically already in the first two months 29 businesses have closed shutters. So on an average 14-15 closing shutters every month if this trend continues for the rest of the year we'll have 174 business failures! We can only imagine the repercussions that would follow seeing the apocalyptic past year. So ladies and gentlemen get ready as the era of parsimony is dawning upon us.

Business Houses that have collapsed in 2008:-

1. Adams Childrenwear(UK)
2. A.J.Purdy(UK)
3. Aloha Airlines(USA)
4. Amtrak Express Parcels(UK)
5. AP Hydraulics(UK)
6. ATA Airlines(USA)
7. Australian School of Business & Technology(Aus)
8. B3 Technologies(UK)
9. Bill Heard Enterprises(USA)
10. Bowie Castlebank(UK)
11. Buffet Holdings(USA)
12. Champ Cars World Series(USA)
13. Circuit City Stores(USA)
14. Coast Air(NOR)
15. Commander Communications(AUS)
16. EOS Airlines(USA)
17. FreshXpress(UK)
18. Glitnir Bank(ICL)
19. Gretna Football Club(UK)
20. Halifax Town Association Football Club(UK)
21. Holley Performance Products(USA)
22. IndyMac Federal Bank(USA)
23. International Race of Champions(USA)
24. IQon Technologies(IRE)
25. Kaupthing Bank(ICL)
26. Kaupthing Singer & Friedlander(UK)
27. Krispy Kreme(USA)
28. Landsbanki(ICL)
29. Lehman Brothers(USA)
30. Lenox Group(USA)
31. Levitz Furniture(USA)
32. Lillian Vernon Corp(USA)
33. Linens 'n Things(USA)
34. Mattress Discounters(USA)
35. Mervyns(USA)
36. Meguro Sushi(HK)
37. MFI Group(UK)
38. Montres Villemont(SWS)
39. Morgan De Toi(Fra)
40. Nationwide Airlines(SA)
41. Northern Rock(UK)
42. Oasis Hong Kong Airlines(HK)
43. Officer's Club(UK)
44. Olan Mills(USA)
45. Opes Prime(AUS)
46. Peau Vava'u Airlines(TON)
47. Photo-Optix(UK)
48. RC Developments(USA)
49. Rosebys(UK)
50. Sanlu Group(CHN)
51. Sharper Image(USA)
52. Silver State Helicopters(USA)
53. Silverjet(UK)
54. SkyBus(USA)
55. Smart Union(CHN)
56. Super Aguri F1(JPN)
57. Tai Lin Radio Services(HK)
58. Tropican Resort & Casino(USA)
59. Trust Company Ltd.(JPN)
60. U-Right(HK)
61. USC Stores(UK)
62. VeraSun Energy(USA)
63. Vivitar(USA)
64. WCI Communities(USA)
65. Wickes Furnitures(USA)
66. Washington Mutual(USA)
67. Whittard of Chelsea(UK)
68. Woolworths Group(UK)
69. XL Airways(UK)
70. Zavvi(UK)
71. Ziff Davis Media(USA)
72. Zoom Airlines(CAN)

Business Houses that have collapsed in 2009:-

1. Apex Silver Mines(USA)
2. Arbios Systems(USA)
3. Bearing Point(USA)
4. Charter Communications(USA)
5. Empire Direct(UK)
6. Fashion House Holdings(USA)
7. FlyLal(LIT)
8. Fortunoff(USA)
9. Goody's Family Clothings(USA)
10. Gottschalks(USA)
11. Hartmarx Corp(USA)
12. Journal Register Company(USA)
13. Land of Leather(UK)
14. LyondellBasell(USA)
15. Merisant(USA)
16. Midway Games(USA)
17. Nortel Networks(CAN)
18. Philadelphia Media Holdings(USA)
19. Qimonda(GER)
20. Saab Automobile(SWE)
21. SFCG Co(JPN)
22. Smurfit-Stone Container Corp(USA)
23. Spectrum Brands(USA)
24. SsangYong Motor Company(KOR)
25. ThinkEngine Networks(USA)
26. Tronox(USA)
27. Trump Entertainment & Resort(USA)
28. Waterford Wedgewood(IRE)
29. Young Broadcasting(USA)