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R.H. Donnelley Files for Chapter 11

 May 29, 2009 03:20 PM UTC
Return Risk
-38.39% HIGH
Tracked Blogger
Symbol Sentiment Start Return Closed
RHD n/a

Graphic_arrow1 Via Financial Skeptic:  

RH Donnelley (OTC:RHD)finally rolled over and declared the obvious. I have been making negative noises about this one since Dec 07. What responsibilities will the board carry. The major problem was too much debt. Who made these guys borrow so much money? What wild pipe dreams were pursued? Who will pick over the assets and feast like a financial vampire.


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