LIQUIDITY ALERT: Whitney Information’s Current Deficit Up by 9%

Whitney Information Network, Inc. reported a working capital deficit of US$80.58 million at Sept. 30, 2008, a 9% increase from US$74.05 million at Dec. 31, 2007.

The Company had US$76.49 million…

LIQUIDITY ALERT: Reader’s Digest’s Current Deficit Up by 395%

The Reader’s Digest Association, Inc. reported a 395% increase in its working capital deficit, from US$47.30 million at June 30, 2008 to US$234.10 million at Dec. 31, 2008.

The Company had…