I am assuming here that the Brown Bust lasts from 3rd quarter 2008 to 2nd quarter 2010. Most of the list are put together from the following factors (most of them are Brown mistakes) -
1 - expanding during a boom with no thought of a slowdown
2 - overdependent on 1 revenue source
3 - not modernising
4 - The Brown classic - taking on way, way too much debt.
I reckon most of these that fail, will be picked up by another organisation as demonstrated by Whittards and officer club this week.
Burton - (Green closes this down)
Waterstones (HMV closes this down)
Zavvi - obviously!
Plumbase (part of Grafton Grp)
Wickes (part of Travis Perkins)
Woolworths - GONE
MFI - GONE
Whittards - Private Equity sale
The Officers Club - Management buy out
Formula 1 - way too expensive, dependent on Ad revenue and owned by a massively indebted organisation.
Manchester United - over £600 million in debt
Liverpool - owes £350 million to RBS and Wachovia to be renegotiated in 2009
Chelsea - owes Abramovitch £550 million and he is going under.
Right - that will do for now. Must add some mobile phone companies later today