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Poor Financial Condition : Heavy debt loads, large amounts of goodwill and poor cash flow are common among poorly run companies. Over the years, the companies on this list have made excellent short-sale candidates, with some continuing down their poorly run path to bankruptcy as others manage to get their acts together. Every year, I re-evaluate the list, putting those companies whose management has improved on parole and inducting new members in their place. MILLBURN, N. J. ( Stockpickr ) -- Since 2006, I have published an annual list of the worst-managed publicly traded companies. Each company on my list displays one or more of the following characteristics of poor management. Second Banana Syndrome : Some of the companies on Source
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