IncomeCentral

Blockbuster CEO Jim Keyes and a team of restructuring consultants reportedly met with all the major Hollywood studios last week to tell them about a plan to file bankruptcy before interest payments come due on nearly $1 billion in secured debt at the end of next month. The company might be able to survive by restructuring its debt, according to the Los Angeles Times &mdash; but even a restructuring could entail bankruptcy. Either way, the company is in big trouble.</img>
</img>
</img> </img> </img> </img>


More...