Bankruptcy news, articles and information:
 | 3/9/2012 - The Obama Administration's green energy development program, which has leveraged billions of taxpayer dollars into high-risk green energy startups, is rapidly turning out to be one of the biggest financial scams on the American people in recent history. A new investigative report by ABC News has revealed...
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| 1/14/2012 - Just a few years after barely climbing out of an earlier bankruptcy filing from 2004, Hostess Brands has announced that it is once again filing for Chapter 11 bankruptcy protection. The Wall Street Journal reports that skyrocketing debt and unsustainable labor costs have driven the company's cost structure...
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 | 1/11/2012 - In the US, most people, upon hearing that someone is a physician assume that person has a higher than average income. However, a recent article on the CNN Money website drew attention to a new trend -- doctors declaring bankruptcy.
Bankruptcy and practice closuresThe CNN article quotes Marc Lion,...
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| 9/24/2011 - Just when you thought the drunken-sailor spending habits of California couldn't get any more absurd comes a report this week that state lawmakers have elevated squandering taxpayer money to new heights. Broke California is actually using taxpayer money to beg Washington for more taxpayer money.
Worried...
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| 9/11/2011 - Just days after Fremont, Cal. based solar panel company Solyndra declared bankruptcy and the subsequent layoff of 900 employees, FBI agents raided the company's headquarters for reasons that have yet to be made public. Solyndra had received more than $500 million in stimulus funds from a federal green...
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 | 8/30/2011 - I'm sure you have heard of a little car company called General Motors. But did you know it was actually two companies, not one?
It's true. There is the "Old GM," the one that existed before the former No. 1 global car company declared bankruptcy in June 2009. And there is the "New GM," the one that...
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 | 8/23/2011 - Do you remember the recent debate in Congress and the White House to raise the government's ability to borrow even more money? The "debate" that was long on raising the debt ceiling but short on actually cutting government spending?
It wasn't enough that our leaders failure to effect long term, meaningful...
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| 7/31/2011 - In what is shaping up to become the nation's largest-ever municipal insolvency, Jefferson County, Ala., officials recently hired a major law firm to tackle the county's approaching Chapter 9 bankruptcy filing. A federally-mandated sewer upgrade project plunged the county into severe debt back in the...
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 | 6/17/2011 - They began with the passage of the Social Security Act under Depression-era President Franklin Delano Roosevelt in the 1930s but grew dramatically when Medicare and Medicaid legislation under Lyndon B. Johnson was passed in the 1960s. More recently, George W. Bush and Barack Obama expanded them even...
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 | 5/19/2011 - - Almost every American who has read a newspaper, watched T.V. or signed onto the Internet in the past few years knows that Medicare, one of the government's largest entitlement programs, is in financial dire straits and is heading for insolvency. What you may not know is that Medicare bankruptcy is...
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 | 4/13/2011 - Thanks to the recent (and laughable) "largest annual spending cut in history" announced by Obama and Boehner, it is now abundantly evident that the U.S. government is headed toward a complete economic meltdown that will make Fukushima look chilly by comparison. While cesium-137 may have a half-life...
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 | 2/21/2011 - What we're really seeing today with the union worker protests in Madison, Wisconsin is the collision of money desires with fiscal reality. Everywhere across the country, union workers want to take home more money. Across the board, from teachers and firemen to law enforcement officers and government...
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 | 11/4/2010 - Dr Joel Fuhrman speaks out about the root cause of food addictions, why "enriched" processed foods actually lack the nutrients we need, and how to remove metabolic waste products from your body more easily. It's all part of an exclusive new video released by the Raw for Thirty group about the healing...
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| 11/24/2009 - Businesses in the United States are expected to spend 9 percent more on health care in 2010 than they did in 2009, according to an annual survey conducted by PricewaterhouseCoopers.
According to previous surveys, the cost of health care increased by 9.9 percent between 2007 and 2008, then another...
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| 9/2/2009 - Unemployment is high and retirement accounts have virtually disappeared for many folks in the wake of the current recession. Housing prices have plummeted, too. So it comes as no surprise that data just released by the Administrative Office of the U.S. Courts shows the total number of U.S. bankruptcies...
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| 7/23/2009 - Unemployment is high and retirement accounts have virtually disappeared for many folks in the wake of the current recession. Housing prices have plummeted, too. So it comes as no surprise that data just released by the Administrative Office of the U.S. Courts shows the total number of U.S. bankruptcies...
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 | 10/31/2006 - The comptroller general of the United States says the nation is on the path to financial ruin unless the American public tells Washington to change its ways.
David M. Walker, head of the General Accountability Office, or GAO, is the nation's top federal accountant. With the voting season now in full...
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 | 5/23/2005 - This may come as a shock to some people, but once you retire, you're of no financial use to the government of the country in which you live, and thus the government has no financial incentive whatsoever to invest in your longevity or long-term health. In fact, if you think about it, governments that...
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 | 2/22/2005 - We teach a lot of subjects to a lot of people in this country, and as a result we produce great technicians: people who are masters of subjects like mathematics, chemistry, anatomy, biology, history, American literature and so on. But there's one subject we almost never teach. You won't find it taught...
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| 1/9/2004 6:15:18 PM - Once again, credit card delinquencies have reached another peak. U.S.
families are finding themselves deeper and deeper in personal debt, and
yet they are encouraged to keep on spending to "help the economy." It's
faulty logic: spiraling debt ultimately helps no one, but don't look to
Washington...
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