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5 Reasons People With A Lot of Money Lose it All

Steve Siebold | Posted 07.22.2015 | Business
Steve Siebold

They say history has a way of repeating itself, and that certainly seems to be the case when it comes to big name celebrities losing substantial amounts of wealth.

Scott Storch Files For Bankruptcy After Fortune Dwindles To $100

The Huffington Post | Cavan Sieczkowski | Posted 06.25.2015 | Entertainment

Hip-hop producer Scott Storch, who worked with the likes of Justin Timberlake, Beyoncé and Dr. Dre to amass a fortune of $70 million, now allegedly h...

Former NBA Player Explains In Detail How Millionaire Pros Go Broke

The Huffington Post | Maxwell Strachan | Posted 04.17.2015 | Sports

NBA players, they're just like you and me.

'We Never Expected The Big Bang'

AP | JOHN CARUCCI | Posted 07.15.2013 | Entertainment

NEW YORK — Phoenix frontman and singer Thomas Mars says their new album "Bankrupt!" was born out of the negative influences going on in the band...

Cult Favorite Returns With 'Pristine' New Album

AP | JAKE O'CONNELL | Posted 06.22.2013 | Entertainment

Phoenix, "Bankrupt!" (Glassnote) The four Frenchmen known as Phoenix continue to refine their nonpareil synthesis of dance pop and glam rock on their...

New Phoenix Album Now Streaming

Posted 04.17.2013 | Entertainment

Here's a nice hump-day surprise: French indie-rock darlings Pheonix have unveiled their upcoming album for a week's worth of free streaming on iTunes....

I Filed For Bankruptcy At 23

LearnVest | Posted 07.30.2012 | Money

It's been ten years since I filed for bankruptcy, and although I'd like to be able to say I learned a lesson about money, that would be a bit of a lie.

Remember These Bankrupt Banks?

Posted 04.16.2012 | Arts

Often when a company takes a turn for the worst, its logo goes along for the ride. Symbols of prosperity and power become artifacts of a flawed ventur...

Debt-Ridden Greece Targets Tax Evaders In Aim To Recoup Funds

AP | By NICHOLAS PAPHITIS | Posted 01.23.2012 | Business

ATHENS, Greece -- Debt-crippled Greece has named some 4,000 alleged tax dodgers, including a former media magnate and a prominent entertainer, with th...

Optimism for the Euro and Europe: The Win-Win Situation

Vivian Norris | Posted 02.11.2012 | Business
Vivian Norris

The United States, and in fact, the rest of the world, especially the fear-driven crisis-mongering media and markets, could learn a few things by slowing down, realizing it takes time to build healthy economies, especially such a new one as the European Union.

Tea Party Can Go to Hell? Thank God for the Tea Party

John Hawkins | Posted 10.24.2011 | Politics
John Hawkins

Maxine Waters may say 'to hell with the Tea Party,' but Americans should be saying, "Thank you, God, for allowing the Tea Party to rise up; thank you, God, for giving us that much of a chance to save this nation."

Grocer With Nearly 400 Stores Files For Bankruptcy

AP | SARAH SKIDMORE | Posted 05.25.2011 | Home

PORTLAND, Ore. — The Great Atlantic & Pacific Tea Co., once the nation's largest grocer, has filed for Chapter 11 bankruptcy protection as it st...

"Bankrupt & Clap-Ridden": The Ultimate 'Dear Abbey' Letter From Jack-Ass America

Martin Lewis | Posted 05.25.2011 | Politics
Martin Lewis

Dear Abby: I am so confused and I don't know what to do.

Newt Gingrich's Fight for the Luxury Industry Is Laughable

Georges Ugeux | Posted 05.25.2011 | Business
Georges Ugeux

Should we really believe that 20 million people purchasing luxury goods such as jewels, fashion, yachts, private planes and lavish international travel will be a major boost to the U.S. economy! Come, on.

BillionareXchange: eBay Auction Site Launches For Rich And Famous

Yahoo! News | Burton Frierson | Posted 05.25.2011 | Technology

NEW YORK (Reuters Life!) -- Millionaires down on their luck now have a place to sell their mega-yachts, super-cars and family jewels without having to...

Friday Talking Points [93] -- Lies, Lies And Propaganda

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

Political discussions in America are fast becoming solely theological in nature.. Each side has their beliefs. Each has their tenets which they fervently defend. Much of this is done on faith.

OTB Is Broke: Report

New York Politics News, Reaction, and Analysis | Posted 05.25.2011 | New York

ALBANY -- As expected, a just-released audit by State Comptroller Tom DiNapoli shows that the New York City OTB is broke....

Congress Bails out Those Who Shower Before Work, but not Those who Shower After Work

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

Detroit is a place where workers are unionized; Wall Street is not. And right-wing Republicans and conservative pundits have made it clear they want the union workers to suffer.

Victim of Racist Attack Awarded $2.5 Million

Kety Esquivel | Posted 05.25.2011 | Politics
Kety Esquivel

Gruver was attacked by Klansmen at a Kentucky fair in 2006. He was in line at a concession stand at the Meade County Fair when two Klansmen... threw whiskey in his face.