Quotes of the Day

It has become increasingly clear that in light of the environment of curtailed customer spending ... and the company's lack of liquidity, Borders Group does not have the capital
Wednesday, Feb. 16, 2011

Open quoteIt has become increasingly clear that in light of the environment of curtailed customer spending ... Borders Group does not have the capital resources it needs to be a viable competitorClose quote

  • MIKE EDWARDS,
  • Borders Group president, announcing the company's Chapter 11 bankruptcy during which 30% of its stores nationwide will be shuttered
Photo: Damian Dovarganes / AP Photo | Source: WALL STREET JOURNAL