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To: jaker who wrote (9065)	10/23/2008 9:54:21 AM
From: skinowski	Respond to of 41420

That's mighty cheerful, J.... :) It's not even 30 min into trading, and we see 250 point swings. Oil so far refusing to turn red.

To: jaker who wrote (9065)	10/24/2008 5:37:07 AM
From: Galirayo	Respond to of 41420

DJ Fut are off -550 .. FV -90.75. S&P Fut -60 .. FV -6.79 .. Limit Down. NAS Fut -80.8 FV -10.34 HSI -1142 Crude 63.94 GOLD 687 ... Looks like they are Selling Everything out to the 'BEAR' Walls. Guess they are raising cash so they can buy some Linens and Things on sale .. or some Ponderosa Used Restaurant Equip. When all this is over it'll be a Great time for Savvy entrepreneurs. ;) [snip] NEW YORK – The owner of the Ponderosa and Bonanza Steakhouse brands said Wednesday it was filing for Chapter 11 bankruptcy protection. Metromedia Steakhouses Co. L.P., based in Plano, Texas, said it filed voluntarily under Chapter 11, which allows a company to restructure and stay in operation. The petition was filed in the U.S. Bankruptcy Court for the District of Delaware on Wednesday. Metromedia Restaurant Group is a part of Metromedia Co., owned by billionaire John Kluge, that has interests in entertainment, radio stations and medical equipment. The filing is the company's second in nearly three months. At the end of July, a different subsidiary of Metromedia — S&A Restaurant Corp. — filed for Chapter 7 bankruptcy liquidation. S&A owned the Steak & Ale and Bennigan's brands. Metromedia did not immediately return phone calls seeking comment. According to the filing Wednesday, Metromedia Steakhouses entered bankruptcy with assets of $1 million to $10 million and debt of $100 million to $500 million. Its creditors include GE Capital, which recently said it is being more cautious in its lending to restaurant franchisees. news.yahoo.com