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Quote:
Sirius XM Prepares Bankruptcy Filing
By ZACHERY KOUWE
Published: February 10, 2009
Sirius XM Satellite Radio has been working with advisers to prepare for a possible bankruptcy filing in a move that could put pressure on the satellite company EchoStar, which owns a substantial amount of the company’s debt. [Full Article]
This would have taken place if we were in a good economic period. It was only a matter of time before this happened.
No kidding! Another company that will blame their financial woes on the present state of the economy.....Quote:
Originally Posted by T-Bird76
the big question is will THEY ask the Gov't for a bailout?