TThe MGM Fiasco – Hollywood economist

MGM, once the shiniest studio in the Hollywood galaxy, has fallen on hard times. Last October it failed to making the interest payment due on its $3.7 billion debt, and even with the six month forbearance granted by its creditors, it is hovering the threshold of bankruptcy.

via The Secrets Numbers Behind the MGM Fiasco – Hollywood economist – Gawker.

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Tom Cornyn

I'm just a regular guy. I eat tires.

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