The recession creeps on and it was a tough year for some iconic brands.
A&P – East Coast grocery chain.
Affiliated Media – Newspaper publisher including the San Jose Mercury News, which I grew up reading.
Ambac – Insurer of toxic mortgage backed securities. Maybe Ambac should have read Michael Lewis’ “The Big Short”.
American Media – Publisher of the National Enquirer among others. Wait, Angelina Jolie, Brad Pitt and Jennifer Aniston didn’t sell magazines like they used to? I didn’t think that story could get tired.
Blockbuster – What’s Blockbuster? I seem to remember it having something to do with renting VHS movies.
Hummer – Giant SUV’s.
MGM – Movie studio. Doesn’t it seem like MGM is always filing for bankruptcy, about to file for bankruptcy, should file for bankruptcy? Well, it did.
Mercury – Part of the Ford family of cars whose most memorable model was the……………..?
Movie Gallery – Ran Hollywood Video. See Blockbuster.
Newsweek – News magazine. People don’t read anymore. Well, except this blog.
Pontiac – GM car division. It had more memorable cars than Mercury at least.
So the story would appear to be that it was a bad year for cars, print media, and movies. Looking forward to 2011.
financialfreshstart 