You Too Can Be a Distressed Debt Investor
Even unintentionally. My local Duane Reade drugstore is selling Borders gift cards. And this just days after Bloomberg reported that Borders had not found anyone interested in buying more than little bits of the company.
Pamela
Foohey
Anna
Gelpern
Mitu
Gulati
Melissa Jacoby
Dalié
Jiménez
Jason
Kilborn
Bob Lawless (blog admin)
Adam
Levitin
Stephen Lubben
Nathalie Martin
John
Pottow
Mark Weidemaier
Jay
Westbrook
Alan
White
Now that's interesting.
So is it the responsibility of Borders to pull all their cards, the store that's selling them to remove them, or is it totally up to the buyer to be aware that they are purchasing a worthless gift card? Evidently, it is the latter.
Posted by: Jim Collins | May 16, 2011 at 03:54 PM