Six Flags on list to fail?

Company named on annual Moody's list

Updated: Wednesday, 11 Feb 2009, 1:09 PM EST
Published : Tuesday, 10 Feb 2009, 12:10 AM EST

(WWLP) - It's a list you don't want to find your business on.

Every year, Moody's investors service predicts the default rate on corporate bonds *or* which companies may fail.

Some of the companies making "the list" may surprise you. According to U.S. News and World Report, Rite Aid Pharmacy, Claire's jewelry stores and Chrysler could become casualties of the recession in 2009.

Also on the watch list are familiar companies like Blockbuster video, a chain that continues to struggle in this new digital age of downloadable movies and net-flix convenience.

But, one company with strong ties to western massachusetts refutes its place on the list; Six flags New England has no plans to fall victim to this struggling economy.

In fact Spokewoman Melissa Pinkerton tells 22News, "We're looking to hire 3000 employees for the 2009 season at our upcoming job fair being held on February 28th and March 1st. We are investing in our park with several exciting enhancements."

Here's the complete list: 

  • Rite Aid
  • Claire's Stores
  • Chrysler
  • Dollar Thrifty Automotive Group
  • Realogy Corp
  • Station Casinos
  • Loehmann's Capital Corp.
  • Sbarro
  • Six Flags
  • Blockbuster
  • Krispy Kreme
  • Landry's Restaurants
  • Sirius Satellite Radio
  • Trump Entertainment Resorts Holdings
  • BearingPoint

     

 

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