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#6 on Yahoo's Company's veering towards bankruptcy
September 23, 2009
4:45 am
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BKGM Jeepers
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6. Goodyear

Demand for Goodyear tires has sunk, and the company is saddled with massive debt and pension obligations.

It doesn’t help that The United Steelworkers union prevents the company from proper cost control by forcing factories to stay open.

Shareholders have to wonder how much value will be left of the company after bondholders and the union members have their way.

September 23, 2009
4:55 am
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JohnDF
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Geez...they're not going to be happy until I'm forced to run Iroks 👿

I used to wheel a lot. . .

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