Oct. 13 is coming and YRCW has to have 100 million liquidity.... ohhhhh Ahhhhhhh will they be in trouble... Ohhhhh Ahhhhhhh
Hate those guys, they are over paid Chicken Littles. Here it is.
YRC Worldwide Inc. (YRCW) faces a key test next week in its battle to steer clear of a bankruptcy-protection filing that may hinge on whether lenders to the U.S. trucking group maintain leniency on its covenants sown over the past year.
Debt-laden YRC must "maintain liquidity equal to or greater than $100 million at all times" beginning Oct. 13, according to a requirement of its lenders.
The Overland Park, Kan., company pegged its liquidity at $218 million at the end of June, but it hasn't publicly updated the ...
They're the ones that gave the Default Swaps high rateings. This is a very elete club. the senate wont extend unemployment but AIG gave out millions in TARP bonusus Goldman Merril did to makes you sick to think about people loosing their apartments homes this is not Zimbawbe. "We The People" IS SOCIALISM! The three Musketeers One for all and All for One People go to war and die for those three words! We're a society we're Americans even the poor ones. Give us your tired your Hungery... Mr fightsocialism you have a black guy avatar lets just assume... Go to Zimbabwe or Somila where there is absoutly NO SOCIALISM where it's every person for themselves. Look at the store shelves hold back the tears when little starving kids take everything you have to give and more just keep comming Your America I don't want any part of!