Alert icon
We're changing our privacy policy. This stuff matters.  Learn more  Dismiss

Business: The Simmons Flip - nytimes.com/video

Loading...

Sign in or sign up now!
3,531
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Oct 5, 2009

For decades, Simmons Bedding Company, an iconic American business, was a prized holding for top private equity firms. But the mattress maker has fallen into bankruptcy for the first time in its 139 years.

Related Article: http://bit.ly/kKO4X

  • likes, 0 dislikes

Link to this comment:

Share to:
see all

All Comments (2)

Sign In or Sign Up now to post a comment!
  • Capitalism is being killed by the capitalists.

    But then again Henry Ford was the enemy because he paid his workers enough to buy the product.

    We obviously need to be more like China, were the workers can't dream of buying the products they make.

    Yeah that is what our economy needs, just ask any good supplysider.

    *

  • The great American way of doing business! Leveraged buyouts make the leverers rich and the employees and shareholders struggling under crippling debt! Watch out! This can happen to you!

Loading...

0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more