July 14, 2009

Chicago Cubs Exploring Bankruptcy Filing


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They should also have to pay reparations to all Cubs fans, for decades of torture! Give us free!

Chicago Cubs Exploring Bankruptcy Filing
source

The corporate owner of the Chicago Cubs is considering having the team file for bankruptcy protection. People knowledgeable about the process say the move would hasten the club's long-awaited sale by cleaning up its books.

Tribune Co., which itself filed for bankruptcy protection in December, intends for the Cubs' own stay in Chapter 11 to last just a day or two.

Two people familiar with the process described it to The Associated Press on condition of anonymity Monday because the bankruptcy plans are not yet public.

The move is not imminent and does not signify that the team cannot pay its bills, one of the people said.

Chicago Cubs Exploring Bankruptcy Filing

Posted at July 14, 2009 3:54 AM
Comments

THIS IS JUST MORE CORPORATE GREED NOT TO HAVE TO PAY THER BILLS AND SCREW THE LITTLE GUY AGAIN WHAT ABOUT THE 900 MILLION THERE GETTING FOR SELLING THE TEAM

Posted by: JOEHORAN at July 14, 2009 11:36 AM

One more turn in the screw!

Posted by: Sandra G at July 14, 2009 1:03 PM

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