Ronco Bankrupt?

Aug 09 2007

Wow, I didn’t know that Mr. Ron Popeil’s products weren’t selling all that well anymore… last I heard he was worth $250million…

“… despite the loans and successor management’s continued efforts, Ronco’s revenue base had dropped too far to recover and Ronco filed for Chapter 11 in June.”

Sanders Morris Harris writes off Ronco loan

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