It is not that only insurance companies or car companies or banks can go bankrupt in the US. Now it is going to be the turn of the movie rental chain, Blockbuster, to go bankrupt.
The company has been expected to get into bankruptcy by the analysts for the last several months, but it is most likely to come true in the coming weeks.
The latest set of economic data from the US commerce department , wherein the second quarter GDP growth has been revised downwards, is only a broad indicator of more bankruptcy filings to come in the near future.
Blockbuster may go bankrupt
August - 27 - 2010 - Friday
