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On Friday we talked about companies with no layoffs, and here’s the reverse of that situation: 15 companies might might not survive 2009. The list is just an educated guess from the author, Rick Newman, of course, but he brings up great points in each one. Namely, the amount of debt each has incurred.
By contrast, the list of successful companies that had never laid anyone off made an effort to stay out of debt. That’s key to success in general, but especially in this economy. I think maintaining a healthy company in …read more