A terrible second wave of COVID overwhelms world healthcare. Trump’s White House gives up the fight on COVID – but their bizarre propaganda plans are revealed. China gets ready to pay for its bad acts. A hidden, toxic form of Wall Street finance may come to an end. And in other news – YOU are saving democracy.
Guitar Center bonds crater on news of financial performance
I’ve been so busy with treason and espionage of late that I’m weeks late covering the updates on Guitar Center bonds. As all my readers know, for a simple group of guitar stores, GC is a whole bunch of drama. And while it may not technically have been “the end” when the company started shedding workforce and product diversity to survive …
The 7 things I learned about business from Guitar Center
As many of you know, I’ve been tracking the fate of Guitar Center for more than two years now, my mad, toothless Ahab against the White Whale of its private equity-blooded, retail Leviathan. When, oh when, shall it finally wash up bloated on the beach, a thousand harpoons from inconsequential bloggers, disgruntled former employees, and nonplussed customers festooning it from …
Guitar Center slashes sales commissions by 75%
I am cited in Forbes about what may be the final chapter in Guitar Center’s degradation toward bankruptcy: Guitar Center has been in and out of the news over the last few years mostly thanks to Eric Garland’s excellent analysis of the company’s woeful financial state. The huge musical instrument retailer has been treading water for some time, but now it …