Yahoo! has an interesting story today about 15 Companies That Might Not Survive 2009. Most of the companies on that list I would not mind seeing perish. The only one that I would like to see remain is Six Flags! I like roller coasters. According to the article:

Six Flags. (SIX; about 30,000 employees; stock down 84%). This theme-park operator has been losing money for several years, and selling off properties to try to pay down debt and get back into the black. But the ride may end prematurely. Moody’s expects cash flow to be negative in 2009, and if consumers aren’t spending during the peak summer season, that could imperil the company’s ability to pay debts coming due later this year and in 2010.

Well then, I might want to get going to Six Flags this year for the last time. Blockbuster, Rite Aid, Sbarro, and Krispy Kreme are on this list as well. I have no love for Blockbuster, Sbarro,  or Krispy Kreme. Rite Aid I find useful but, its competitors seem to be doing a better job.

Hopefully, none of these 15 companies get a bailout if they don’t make it. It will be better off in the long run for those who can better manage and use capital to take over the failed companies’ resources and make better use of it.

By Tommy Leung

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Tags: 2009, bankrupt, blockbuster, economy, krispy kreme, rite aid, sbarro, six flags

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