Rochelle on Double My Speed, Fuller Brush, Real Mex: Audio
2012-02-24T16:04:52Z
If you heard advertisement on the radio for Double My Speed, you may be interested in knowing that the parent filed for Chapter 11 bankruptcy, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. Fuller Brush Co. is another company, as Rochelle explains, that had one of the best consumer brand names in the U.S., to end up in bankruptcy after failing to reinvent the business every few years. The podcast concludes with a discussion of the sale of Real Mex Restaurants Inc. and the phenomenon where secured creditors use Chapter 11 for a shortcut to foreclosure.
(Source: Bloomberg)
Running time 09:32
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