Thursday, January 20, 2011

The Borders Story: Is This the Final Chapter?

Newsweek: "Borders' story reads like an epic saga—one in which our tragically flawed hero seems destined for certain failure. As the book-selling giant seeks a new credit facility to stave off a bankruptcy filing, the question of whether or not this is the final chapter for Borders has attained new currency. But if the history of Borders is any foreshadowing, dark days would appear to be awaiting the company, whether this week, next week, or further along in its narrative. ... "