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M$2 February 28, 2009 03:56 AM

Bailout this, bailout that...what past company do you think could have used a bailout?

What company that no longer exists do you think would still be around if it got a bailout and a second chance? It can be in any industry, any era and any country.
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February 28, 2009 06:20 PM
Probably a bunch of small businesses proportionately spread around the country to help out the problem of losing business to corporations. Places that had sentimental value, especially with loyal seniors in small to medium size towns who don't always want to have drive to get somewhere, and honor their classic desire for intimate service. On a corporate level, K-mart maybe; get some government corporate inspectors to come in after the money was allocated, and analyze managers, employees, and structural marketing integrity, etc. You know, like the dudes in the movie "Office space" that came in and judged things on personal whims, and shady downsizing tactics. Surely they probably contributed to putting some of these small puppies out of business, but not as much as Wal-mart did.
Source(s):
Numerous newspaper articles from around the U.S. about the big box fat cats putting the little guy on the street.



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February 28, 2009 04:48 AM
One company that comes to mind is Trans World Airlines (TWA). They started operating in 1930 and finally had to sell out to American Airlines in 2001. TWA was one of the most successful and largest domestic US airlines. This was one of the first signs of the deterioration of the airline industry, and now ALL of us are suffering. There are fewer airlines to compete against one another. We pay higher prices to travel. We even pay for drinks (although US Air announced this week they have stopped that customer-repelling practice). On the other hand, I just read that there is an airline that is going to charge $1.40 to use the bathroom. What is that?

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February 28, 2009 10:50 AM
I think the actual problem with the airlines is that they are too cheap. You can not make money on the current ticket pricing model. There are too many available seats and too many flights were airlines give away seats for prices that won't even cover the price of fuel.

Then service declines, maintenance declines, and we start paying for checked baggage as they try to make money some how.

Before 9/11 airlines were in trouble because of the Dot Com crash. Then 9/11 happened and the government bailed them out. A big airline or two needs to be let go bankrupt so we can go back to having real competition and paying the real costs of flights.

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February 28, 2009 10:45 AM
Napster.

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February 28, 2009 04:41 PM
The United States. Since it is a corporation as defined by Title 28 USC Sec. 3002(15)(A) which states...
(15) “United States” means—
(A) a Federal corporation;

It is also a municipal corporation. However that is another topic for another question. I hope you understand the depth of the implications.

Needless to say I think they should have bailed out the Corporation of the United States.
Source(s):
Title 28 USC Sec. 3002(15)(A)


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xds xds
 
March 03, 2009 05:04 AM
DHL's US Shipping division who are laying off some 20-30 THOUSAND employees in the US without a doubt could have used some extra money. To not only keep the shipping industry more competitive but also keep those trucks moving!

Personal Note: < sigh > ugh.

Regards!
XDS
Source(s):
My Brain.


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