Businessperson
01/03/2016 (Sun) 20:59:19
Id: b6d33a
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>>17Using a different connection, ID might not match.
The first time I remember being excited by economic failure was in 2008, when I saw an article about the Dow falling 800 points in one day. I was dissapointed the next day that there was no repeat performance.
Borders Books & Music is the gold standard for me when it comes to bankruptcies. National footprint to nothing in a few fateful months. Sold the inventory, the property, the shelving, the web servers, everything.
The Unicorns (Unicorpses?) have been getting me hard as diamonds lately. Living Social, Grupon, Zynga, Foursquare, all those third generation (after Facebook) social networking companies have been struggling for the last few years or have given up the struggle and died.
The devaluations of Snapchat, Square, and Dropbox drew me like the smell of blood and I have popcorn ready for when they drop into the abyss.
Most of the companies I like seeing collapse are in tech/retail/media because their misfortune is very public. Appalachian coal miners are of less interest since there are no mines nearby and their affairs tend to be not as well documented.