Indonesia may be on brink of national bankruptcy

"Tuesday is a day on which the Indonesian people commemorate the 100th anniversary of National Awakening Day. It is indeed a rare moment for the Indonesian people to celebrate one of their important historical events, and perhaps while none of the veterans of the May 20,...

Georgia Holds Second Highest Bankruptcy Rate

Georgia continues to be one of the top states for personal bankruptcy, as new reports indicate that the state ranked 2nd in the nation with just shy of 13,000 bankruptcies registered during the first quarter. The only state with more bankruptcies was Tennessee. Declaring...

Georgia Holds Second Highest Bankruptcy Rate

Georgia continues to be one of the top states for personal bankruptcy, as new reports indicate that the state ranked 2nd in the nation with just shy of 13,000 bankruptcies registered during the first quarter. The only state with more bankruptcies was Tennessee. Declaring...

Real Estate Firms Fears Stalking Nationwide Bankruptcy

According to data from the U.S. Bankruptcy Court for the Middle District of Florida, twenty-four companies have filed for bankruptcy in the three-county area since late October, claiming assets of $12.4 million and debts of $22.2 million.

After Bear Stearns Rescue, Who's Next?

" With a deal in place to save Bear Stearns from bankruptcy, the company's shares traded above the offer price Monday even as investors began turning a critical eye to other investment banks amid worries about how far the credit contagion could spread."

Stimulus Package Store, GSE Jumbo Out Back

Hot damn. The government is going to stimulate the economy. Not with a lap dance or lubricated love glove, but with taxpayer dollars. Come summer, Mister and Miz America will get a rebate from Uncle Sam. What a man! Some people will get more than a thou of their own money...