The number of bankruptcies has increased relative to April. In May a total of 10 major bankruptcies took place which is 2 less than the annual average of 12 so far. But it has more than doubled since April, which is a startling a fact and a challenge to the recovery rhetoric. Now the total figure stands at 58 bankruptcies since Jan’09. Now the average stands at 11.6.
List of bankruptcies in May’09
1. Central Park Media (USA)
2. Filene’s Basement (USA)
3. Firedog (USA)
4. Joe’s Sports, Outdoor and More (USA)
5. Journal Register Company (USA)
6. KB Toys (USA)
7. Peanut Corporation of America (USA)
8. SETA Corporation (JPN)
9. Steve & Barry’s (USA)
10. Visteon (USA)
No comments:
Post a Comment