Friday, October 10, 2008

List of companies that are downsizing or going out business.

Chapter 11 and 7 filings
AtheroGenics Files For Chapter 11 Bankruptcy : AtheroGenics, Inc. (NASDAQ: AGIX), a pharmaceutical company focused on the treatment of chronic inflammatory diseases

Gateway files Chapter 11 bankruptcy: Gateway Ethanol has filed a Chapter 11 bankruptcy petition in the United States Bankruptcy Court for the District of Kansas.

Sun Country Airlines set for Chapter 11: Sun Country Airlines, the Minnesota-based leisure carrier serving Palm Springs on a seasonal basis, has filed for Chapter 11 protection from creditors in bankruptcy court.

Serefex Corp. files Chapter 11: W.P. Hickman Systems Inc., a subsidiary of Serefex Corp. in Naples, has filed for Chapter 11 bankruptcy protection.

Kansas ethanol company files Chapter 11: Gateway Ethanol LLC has sought Chapter 11 protection, the latest in a string of regional ethanol producers to shut down or declare bankruptcy.

Yamato Life Insurance Co.: filed for bankruptcy on Friday, the company's president said.

Lehman Brothers Holdings Inc.,: the fourth-largest U.S. investment bank, succumbed to the subprime mortgage crisis it helped create in the biggest bankruptcy filing in history.

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