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Ronco Bankrupt?

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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    • This entry was posted on Thursday, August 9th, 2007 at 8:51 am and is filed under Ramblings. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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