Now a contributor to The Wall Street Journal's Total Return blog!

Tuesday, July 19, 2011

Borders Closing

The consensus in literate quarters
On the shuttered locations of Borders
Is now that the name
Of this publishing game
Is e-book and internet orders.

Only months after filing for bankruptcy, Borders book stores announced that they would close for good. Attempts to find a private equity savior proved unsuccessful, against a backdrop of a changing industry, increasing prevalence of e-readers such as the Kindle and Nook, and a fitful US economy. As a "bookseller selling just books," Borders has found it impossible to compete in this new era.
Posted by Dr. Goose
Labels:

3 comments:

  1. Borders is closing? How sad.

    In hindsight if only they'd had

    The power to see

    That books need to be

    On Kindle and Nook and iPad.

    ReplyDelete

  2. A wonderful addition to Rhymes by Readers -- thanks!

    ReplyDelete

  3. Well said. It would be funny, were it not so sad.

    ReplyDelete

Subscribe to: Post Comments (Atom)

Popular Posts

  • The $37 Billion Question
    Said a Harvard professor of econ, "That Google's got something unique on: They have cash by the score, Yet still borrow more; T...
  • Facebook Valuation Formula
    Facebook is valued at plenty By Wall Street's high-tech cognoscenti, Based on 1 billion friends Times $5 each, then Times the IP...
  • LinkedIn
    In the IPO pricing of LinkedIn, Which doubled before one had blinked in, Either banks ripped off clients, Or it's more art than scien...
  • Cruelty to Muppets
    Said a Goldmanite, freaking his guys out: "How my conscience courageously cries out! Though I trusted this firm, it Exploited poor K...
  • Mint the Coin
    With the Debt Ceiling coming up soon, it Is time (although some may impugn it) For coining a halt To a US default With a really big mone...
  • Stop Blowing Bubbles
    Thomas Hoenig, the hawkish Fed governor, Says: "The Dollar has way too much dove in 'er; With a null target rate, I doubt we...
  • Olympic Games
    The Olympians train in their sports At the pitches, the pools and the courts, So quadrennially We turn on the TV, And ogle their bu...
  • L'Affaire DSK
    A maid whose hotel greatly trusted her Once confronted a sight that disgusted her, And beat a retreat From a luxury suite, When an IMF p...
  • Punitive Measures
    A six-billion loss dealt a blow To the name of a bank's CEO. To atone for this trade, He merely was paid A paltry ten million ...
  • Not Working
    Said Krugman, with skeptical wince: "Employment just doesn't convince; Though it tumbled off greatly In 2008, we Have seen no r...