Showing posts with label bankrupcy. Show all posts
Showing posts with label bankrupcy. Show all posts
Monday, December 1, 2008
Pilgrim's Pride, the largest chicken producer in the world, has filed bankrupcy. Rising chicken feed costs, declining sales, and overproduction led to their demise with a $802 million loss in the fourth-quarter. I hate to say it(actually I love to say it) karma is a killer (link).
Here's a little something for the Pilgrim's Pride executives. Never forget the good times boys...
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