For many organizations or companies, filing bankruptcy can be the last shot at any chance of financial life. However, even if the company who files for bankruptcy comes out of debt successfully, bankruptcy may still haunt them for years. Once a company has filed for bankruptcy, their reputation may suffer, and they could possibly lose business due to this. Six Flag's executives are spiraling towards bankruptcy, but they are worried what effect that would have on their sales. Experts expect customers to lose confidence in Six Flag's performance if they filed bankruptcy, especially because it involves high risk activities such as high speed roller coasters. This aspect of bankruptcy is yet another thing to think about before considering it.

Posted by Matt Smith
http://www.nytimes.com/2009/03/14/business/14flags.html?_r=1&scp=5&sq=bankruptcy&st=cse