Wave of Corporate Failures Stays at Bay—For Now

The tidal wave of corporate failures that in April seemed poised to come crashing down has yet to materialize, and some on Wall Street are starting to wonder if it ever will.

The coronavirus crisis has dealt an unquestionable blow to U.S. companies. Stay-at-home orders and the rout in oil markets have led to a significant uptick in defaults and bankruptcy filings, from retailers such as J.C. Penney & Co. and Neiman Marcus Group Inc. to car-rental company Hertz Global Holdings Inc. and a long list of energy outfits.

The Federal Reserve Bank and their Wall Street pals have been picking who will be the winners and who will be the losers, and (((they))) are actively buying up almost EVERYTHING every time the market dips! That is what has been going on.

There's about to be human failures with rent due. Bail out the people!

All Corporations are extensions of government and as such are innately parasitic and the absconders at the top are evil fuckers to be eliminated for the good of the body politic - We call this Social Justice and it supersedes the current brutal systems. We are not Anonymous! FEAR

Retail will NEVER be the same after this pandemic. Malls may even cease to exist.

They won’t - just more fake news from your paper.

For capitalists, having millions in poverty, millions unemployed, millions without access to health or quality education, is not a system failure, it's not a corporate failure, it's landscape for obscene profits.

One is on the way, BP. What on earth are they doing to once great company?

Life does NOT have to be a fight nor a struggle today. Technology relieve us of many chores our economy has sufficient surplus wealth to redirect as a basic income funding for healthcare.

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