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Thread: Sirius XM Prepares Bankruptcy Filing

  1. 02-10-2009, 05:41 PM #1
    Matt Molnar
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    Sirius XM Prepares Bankruptcy Filing

    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]
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  2. 02-12-2009, 04:43 PM #2
    T-Bird76
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    Re: Sirius XM Prepares Bankruptcy Filing

    This would have taken place if we were in a good economic period. It was only a matter of time before this happened.
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  3. 02-13-2009, 12:04 PM #3
    Midnight Mike
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    Re: Sirius XM Prepares Bankruptcy Filing

    Quote Originally Posted by T-Bird76
    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.....
    “The problem with socialism is that you eventually,
    run out of other people’s money.    ” - Margaret Thatcher
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  4. 02-13-2009, 04:25 PM #4
    lijk604
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    Re: Sirius XM Prepares Bankruptcy Filing

    the big question is will THEY ask the Gov't for a bailout?
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