Populus Vox: 1-800-B-A-N-K-R-U-P-T

Tuesday, March 24, 2009

1-800-B-A-N-K-R-U-P-T

Leave off the last "S" for "See Ya"

Dial-a-Mattress, 1-800-Mattress File For Bankruptcy Protection

By Tiffany Kary

March 24 (Bloomberg) -- Dial-a-Mattress and its brand-name retailer 1-800-Mattress filed for bankruptcy court protection after creditors tried to force it into court protection last week.

The petitions for Chapter 11 bankruptcy filed in federal court in Brooklyn, New York, yesterday both listed under $50,000 in debt and assets. The New York City-based company had faced involuntary bankruptcy after Sealy Corp., the world’s biggest bedding maker, and two other companies owed a total of $1.65 million filed a Chapter 7 petition against it March 17.

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"We're all faced throughout our lives with agonizing decisions, moral choices. Some are on a grand scale, most of these choices are on lesser points. But we define ourselves by the choices we have made. We are, in fact, the sum total of our choices. Events unfold so unpredictably, so unfairly. Human happiness does not seem to have been included in the design of creation. It is only we, with our capacity to love, that give meaning to the indifferent universe. And yet, most human beings seem to have the ability to keep trying and even to find joy from simple things, like their family, their work, and from the hope that future generations might understand more."

Professor Levy

Populus Vox

Tuesday, March 24, 2009

1-800-B-A-N-K-R-U-P-T

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