Six Flags in the 2009 dead pool?
- February 10, 2009
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Yahoo Finance has a list of 15 companies that might go belly-up before year-end. Some, like Chrysler and Blockbuster, are obvious candidates. But Six Flags?
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.
In recognition of the 50th anniversary of the creation of ARPA (the Advanced Research Projects Agency), the Department of Defense agency that would give birth to what is now the Internet, Vanity Fair has attempted to compile an 











