Description: Borders Group Inc., like Blockbuster before it, failed to surprise Wall Street as it has limped into oblivion. The second-biggest U.S. bookstore chain won bankruptcy court approval last week to liquidate hundreds of stores in an attempt to bring in $175 million to satisfy its creditors.

Source: Marketwatch.com
 
Date: 07/28/2011

Link:  http://www.marketwatch.com/story/3-big-names-about-to-go-bust-like-borders-2011-07-28

Questions for discussion:

• Summarize the key points made in the article.
• Do you agree with the analysis?
• Would you short the shares of these companies?