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Chrysler to file for bankruptcy »
Posted by: pagey 6 months, 2 weeks ago in Business & Finance
The filing comes after some of the company's smaller lenders refused a Treasury Department demand to reduce the amount of money the troubled automaker ...
(read more)Read (618) | Share | Discuss (52) | Read Full Story at money.cnn.com
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US economic myths bite the dust »
Posted by: dissent 3 months ago in Political Opinion
The Great Recession is allowing some widely held beliefs about the US economy – which were the source of much evangelism over the last few decades ...
(read more)Read (221) | Share | Discuss (17) | Read Full Story at guardian.co.uk
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Personal Bankruptcies on the Rise »
Posted by: altnrg 10 months, 1 week ago in News
As foreclosures rose in 2008, the total number of consumer bankruptcies also increased to 1.06 million, according to the American Bankruptcy Institute.
(read more)Read (732) | Share | Discuss (5) | Read Full Story at realestateproarticles.com
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10 States Face Significant Budget Deficit mainly due to Foreclosures »
Posted by: altnrg 6 hours, 49 minutes ago in News
Foreclosures are contributing considerably to the budget challenges faced by California and nine other states, according to a Pew Center report. Other factors for financial ...
(read more)Read (62) | Share | Discuss (4) | Read Full Story at realestateproarticles.com
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Study reveals 'hidden homeless' in rural America »
Posted by: dissent 5 months, 1 week ago in News
Homelessness often means life in soup lines and on city streets, but as a new study commissioned by the state shows, it isn't confined ...
(read more)Read (348) | Share | Discuss (6) | Read Full Story at sfgate.com
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Experts say GM bankruptcy is almost inevitable »
Posted by: engineer 6 months, 1 week ago in Business & Finance
For General Motors Corp., the task at hand is so difficult that experts say a Chapter 11 bankruptcy filing is all but inevitable.
(read more)
To remake ...Read (377) | Share | Discuss (5) | Read Full Story at news.yahoo.com
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After Many Stumbles, Fall of an American Giant »
Posted by: engineer 5 months, 2 weeks ago in Business & Finance
It is a company that helped lift hundreds of thousands of American workers into the middle class. It transformed Detroit into the Silicon Valley of ...
(read more)Read (339) | Share | Discuss (3) | Read Full Story at nytimes.com
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Medical bills underlie 60 percent of U.S. bankruptcies: study
| U.S.
| Reuters »Posted by: Radiofreeeuropa 5 months, 2 weeks ago in News
WASHINGTON (Reuters) - Medical bills are involved in more than 60 percent of U.S. personal bankruptcies, an increase of 50 percent in just six years ...
(read more)Read (352) | Share | Discuss (16) | Read Full Story at reuters.com
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Bankruptcy, not bailout, is the right answer »
Posted by: Nixie 1 year, 1 month ago in Business & Finance
This bailout was a terrible idea. Harvard economist explains why.
(read more)Read (1579) | Share | Discuss (44) | Read Full Story at cnn.com
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Trump Entertainment files for bankruptcy »
Posted by: altnrg 9 months ago in Business & Finance
Trump Entertainment Resorts Inc, the casino operator named for Donald Trump, filed for bankruptcy protection on Tuesday as recession and declining gambling revenues battered the ...
(read more)Read (202) | Share | Discuss (3) | Read Full Story at reuters.com
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The Brand Graveyard »
Posted by: Radiofreeeuropa 8 months, 2 weeks ago in News
Say farewell to these businesses. A look at the brands we shall not see again. The victims of a diseased economy...
(read more)Read (299) | Share | Discuss (8) | Read Full Story at salon.com
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House to vote on bankruptcy mortgage rewrites »
Posted by: STONERS 8 months, 2 weeks ago in Business & Finance
Debt-strapped homeowners unable to afford their mortgages could get their monthly payments lowered in bankruptcy court under a controversial element of President Barack Obama's ...
(read more)Read (154) | Share | Discuss (2) | Read Full Story at news.yahoo.com
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White House Puts UAW Ahead of Property Rights - HUMAN EVENTS »
Posted by: pc25 6 months, 1 week ago in Political News
Last Friday, the day after Chrysler filed for bankruptcy, I drove past the company's headquarters on I-75 in Auburn Hills, Mich. As I glanced ...
(read more)Read (364) | Share | Discuss (49) | Read Full Story at humanevents.com
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Personal bankruptcies hit new record »
Posted by: myfairlady 9 months, 1 week ago in Business & Finance
Personal bankruptcy hit a record level and company failures soared by 50% as the collapse in the economy in the final three months of 2008 ...
(read more)Read (364) | Share | Discuss (0) | Read Full Story at guardian.co.uk
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Obama backs Chrysler bankruptcy as wise move »
Posted by: orndorffter 6 months, 2 weeks ago in News
President Barack Obama announced Thursday that Chrysler would head into bankruptcy with the aid of up to another $8 billion in taxpayer money, a last-resort ...
(read more)Read (213) | Share | Discuss (20) | Read Full Story at news.aol.com
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