When a beer company goes bankrupt in the US in 2008, isn't that more frightening than ANYTHING else?

Question

http://www.breitbart.com/article.php?id=D91TO3BG2&show_article=1

How in the world can such a popular brand giant go bankrupt?

Can Wal-Mart be next? (serious)

Answer 1

I know next thing you know the topless bars will close down.   And you wont be able to find any smokes either.

Answer 2

Ever hear of Billy Beer?

Answer 3

You can bet that Cindy McCain sucked plenty of money out of that company while letting it go to S**t.

Alcohol is a dangerous and highly addictive drug.

There are plenty of addicts in America.

Now the Belgians will be taking  in all that money that the NASCAR set pumps out for Bud.

Answer 4

If corporations fail, they fail. There are so many other beer brands.

Answer 5

AB didn't go bankrupt; it is being purchased by another company (pending shareholder and regulatory approval).

How can this happen?  It is not necessarily indicative of AB's failings.  In fact, given that someone wants to buy them, that may be a sign that they are doing well.  From what I've read, the reason that InBev wants to buy them is just to get more market access in the US (the one area where they do not have a foot in the door).  

Wal-Mart probably won't suffer the same fate, since it is the biggest in its industry (retail).  If anything, it will take the place of the Belgians and buy up someone else!

Answer 6

I wish every beer company would go bankrupt. Just think of the lower death rates on the highways, lower divorce rates, lower breakups of homes, lower attendances in dark, smoke-filled bars where people get drunk, fight, or spend the night like a farm animal in the arms of a stranger.

Yep, beer can go out of business any day in my book!

Answer 7

You are absolutely crazy!  Being taken over or bought out by another company is not the same as going bankrupt.

Why on earth would a company want to take over a bankrupt company?  A bankrupt company would not have stocks selling at $70.00 a share.  Read your own source.

Please read Business 101 before posting such questions.

Answer 8

They didn't go bankrupt, they just allowed themselves to be bought by a foreign company to make more money distributing the beer overseas. Why anyone overseas (especially Belgium!) would drink Bud is beyond me but that's their choice. I find it ironic that the so-called King of Beers that's been an American icon for years is being "outsourced". Where are the overblown (and untrue) rumors out of Redneckville that Cindy McCain has killed Budweiser?

And I think Walmart is doing just fine selling cheap c**p from China.

Answer 9

Bud is a financially healthy and sound corporation. There is no bankruptcy in the offing.

However, the King of Beers will be a foreign holding by the end of the year!

Budweiser will be owned by a Belgian corporation!

Can this be the first indication of the end times?!

Answer 10

Worry when drug dealers file for bankruptcy.

Answer 11

It just goes to show how poorly our businesses are run, that's all.  The people in charge are out for themselves, not the future of the businesses.  The CEOs get in there and rape the companies for all they're worth, bankrupt them, lie to the stock holders and toddle off under their golden umbrellas to buy $20 million dollar properties in the Hamptons while regular working people lose their jobs.  This needs to change.  The day of the money-grubbing CEO needs to end soon!!  We, as consumers, need to be more responsible about who we give our money to and which companies we invest in.

Answer 12

GREED!!!! Companies get to big. Think about all of the employees they had, bulidings, land, truck, lawyers, PR people, advertising, and so much more. It gets so ridiculous, it is hard to follow all of the money in and money out.

Answer 13

Budweiser sucked anyway. Miller is where it's at.