Suggestions for AbitibiBowater's New Name
After costing creditors $6 billion and its stockholders another $2 billion, newsprint giant AbitibiBowater wants to shed its past by changing its name to one selected by employees. The company expects to announce its new moniker in the fall after culling through more than 1,400 recent suggestions from employees, according to ForestTalk. Too bad it didn't ask its customers, former employees, investors, or creditors. We could have offered some colorful suggestions that don't entirely leave the past behind.
Dead Tree Edition’s nickname for the company, “AbitibiUnderwater” doesn't work now that it has emerged from bankruptcy protection nearly debt-free and perhaps even