Midway Games, has filed for Chapter 11 bankruptcy. Gamepolitics has a list of the top 30 creditors who Midway owes money to. At the top of the list is Wells Fargo Bank at 150 million. When you consider that Midway has approximately 160 million in assets, and 281 million in liabilities, it doesn't take a accountant to deduce that Midway has some serious issues to work out in the reorganization process of Chapter 11.
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