Personal bankruptcies rose more than 30 percent in 2009, with more than 1.4 million protection filings. Even though so many people are in dire financial straits, having to declare bankruptcy comes as an embarrassing shock. E-Mail This Add to Del.icio.us Original post: Hard Times Lead To Dramatic …
Also tagged declare-bankruptcy, dire-financial, dramatic, million-protection, rose-more, times, times-lead, with-moreJapan Airlines has filed for bankruptcy protection. It’s one of the biggest corporate failures in Japanese history. JAL will now embark on a massive overhaul under a prepackaged restructuring plan to shed the fat and inefficiency that undermined its finances E-Mail This Add to Del.icio.us View …
Also tagged a-massive-overhaul, biggest, corporate-failures, fat-and, for-bankruptcy, jal, japan-airlines, massive-overhaul, shed-the, shed-the-fat, the-biggest, will-nowPresident Barack Obama on Saturday pitched his proposed tax on banks to recover the cost of bailing them out during the financial crisis, saying if they can afford billions more in bonuses, they can pay back the taxpayers, too. E-Mail This Add to Del.icio.us See more …
Also tagged afford-billions, barack, cost, more, obama-on-saturday, out-during, pay-back, president-barack, proposed, proposed-tax, recover-the, taxpayers, the-financial, the-taxpayersPresident Obama on Saturday pitched his proposed tax on banks to recover the cost of bailing them out during the financial crisis, saying if they can afford billions more in bonuses, they can pay back taxpayers, too. E-Mail This Add to Del.icio.us Read the original post: Obama …
Also tagged afford-billions, obama, obama-on-saturday, out-during, pay-back, pitched-his, president-obama, proposed, proposed-tax, read-the-original, recover-the, saturday, the-financial, the-originalEconomists expect the joblessness that has weighed down the nation’s economic recovery will start to slowly abate in 2010, but they predict consumers will continue to keep a tight rein on spending, according to a new survey. E-Mail This Add to Del.icio.us Read more: Survey: Job …
Also tagged a-new-survey-, down-the-nation, economic-recovery, expect-the, expect-the-joblessness, joblessness, nation, new-survey-, predict-consumers, slowly-abate, the-nation, tight-rein, will-continueAutomaker General Motors announced Monday it lost $1.2 billion since emerging from bankruptcy protection. The company also said it will begin repaying $6.7 billion in U.S. government loans with a $1.2 billion payment in December. E-Mail This Add to Del.icio.us View original post here: GM Reports Progress, …
Also tagged 1-2-billion, 6-7-billion, automaker-general, december-, from-bankruptcy, general, government-loans-, monday, monday-it-lost, original-post, reports, reports-progress, since-emerging, will-beginA key principle of the Republican health care plan is that individuals should be allowed to buy health insurance from companies licensed in any state. Critics say this would erode consumer protections and not save money. E-Mail This Add to Del.icio.us See the original post: The Debate …
Also tagged and-not, buy-health, companies-licensed, consumer-protections, debate, health-care, insurance-from, key-principle, original, save-money, the-originalTwo former Bear Stearns executives were found not guilty Tuesday on fraud and conspiracy charges. Ralph Cioffi and Matthew Tanin were the first Wall Street executives to face criminal charges arising from the collapse of the subprime mortgage market. E-Mail This Add to Del.icio.us See the …
Also tagged cioffi, face-criminal, found-not, fraud-and, from-the-collapse, ralph-cioffi, street, the-subprime, tuesday, tuesday-on-fraud, were-the, were-the-firstOfficials in Washington are looking for ways to improve the climate for small businesses. President Obama on Wednesday will announce a set of initiatives aimed at providing more credit to small businesses, and help small banks get access to bailout funds. E-Mail This Add to Del.icio.us …
Also tagged aimed-at-providing, and-help, climate-for, for-ways, improve-the-climate, obama, obama-on-wednesday, providing-more, small-businesses, wednesday, will-announceThe Chicago Cubs baseball team is seeking Chapter 11 protection, a step that will allow its corporate parent to hand the team to new owners. The team filed for bankruptcy in Delaware on Monday. E-Mail This Add to Del.icio.us Continued here: Chicago Cubs File For Bankruptcy To …
Also tagged bankruptcy, baseball-team, chapter, chicago-cubs, delaware, delaware-on-monday, for-bankruptcy, hand-the, hand-the-team, its-corporate, monday, new-owners-, team-filed, will-allow