"Six Flags Inc (SIXF.OB), the world's largest regional theme park company, said on Saturday it filed for bankruptcy protection.

"The current management team inherited a $2.4 billion debt load that cannot be sustained, particularly in these challenging financial markets,"

"The plan will result in a deleveraging of the company's balance sheet by about $1.8 billion, as well as the elimination of more than $300 million in preferred stock obligations."

deleveraging?......lol

America is falling apart, plain and simple. As the GM's of the nation fall apart and manage to get out from under the weight of their obligations.....who will invest in them in the future?

The cultural habits of untethered borrowing and spending are coming to a end, bigger in the future, will not be better.

doni