-
High-Profile Bankruptcies
Bankruptcy is big business
From retailers to chemical companies to newspapers to casinos to racetracks — corporate bankruptcies are the order of the day. According to the Ottawa Citizen, US bankruptcy filings by large companies in the first quarter of 2009 were 78 per cent higher than the same period in 2008 and three times [...]
-
Celebrity Bankruptcies
Bankruptcy for the rich and famous? You bet. Here are a few celebrity bankruptcies noted today in Parade Magazine:
Mike Tyson
The former world heavyweight once had an estimated worth of $300 million. But with an incredibly lavish lifestyle — including pet tigers, a custom-built Bentley, and a removable glass roof on his mansion — [...]
-
Bankruptcy Is the Answer for Many
The last resort
You can’t make your mortgage payment. Or you’ve lost your job and are faced with a mountain of credit card debt. Either way, you’re a casualty in the nation’s economic avalanche and you find yourself contemplating the last resort — bankruptcy. Bankruptcy is a choice more and more Americans are willing to [...]
Recent Comments