Cable Ties News Trends | Tribune Company Unable To Pay Debts | Tribune Co | Tribune Bankruptcy

Tribune Company Unable To Pay Debts | Tribune Co | Tribune Bankruptcy

The Tribune Company is claiming the may be unable to pay their debts and it’s being speculated that they may even file for bankruptcy. The Tribune Co went private about a year ago. If Tribune files for bankruptcy then that could have a serious effect on lots of major newspapers from cities like LA, Chicago etc…. It’s just another example of how greed is bringing my great nation down. I feel strongly about this and the tribune compay going bankrupt is just another nail in the coffin. It all stems from the greedy bankers who pushed mortgages on folks they shouldn’t have. Then they bundled those mortgages as MBS’s when they shouldn’t have. Then those MBS’s were rated highly when they shouldn’t have been. Then they were sold as highly rated MBS’s and now everyone is going broke except the bankers who received MILLIONS and MILLIONs and MILLIONs of dollars. The tribune company filing for bankruptcy and unable to pay debts is just a sign of the times.

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