Monday, September 29, 2008

Economy is Hurting Everyone!!

My girlfriend just sent me this:

Creative Loafing Publisher Files For Chapter 11 In Tampa

Published: September 29, 2008

TAMPA - Creative Loafing Inc., which publishes an alternative weekly newspaper in Tampa and several other cities, filed today for Chapter 11 bankruptcy protection, court records in Tampa show.

The company said in its filing that affiliated papers in Sarasota; Charlotte, N.C.; Birmingham, Ala.; and Washington also filed bankruptcy petitions in U.S. federal court in Tampa.

Chapter 11 gives companies time to reorganize finances while they are protected from creditors.

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