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The Big Short - a chronicle of infectious shortsightedness; epidemic blindness, delusion, and deceit.

Joseph Cooper | Posted 01.07.2016 | Entertainment
Joseph Cooper

"Crap." That word is used quite often by the handful (one handful) of analysts and traders who "shorted" (bet against) the trillion-dollar mortgage-b...

Less Of You Are Going Bankrupt These Days

Reuters | Posted 09.04.2012 | Money

* New filings fall to 632,130 in first-half of 2012 * Business filings fall 22 pct * Consumer filings drop 13 pct ...

Being a Trump Chump

Diane Francis | Posted 06.26.2011 | Business
Diane Francis

With mass attention on Donald Trump, I'm confident that the Republicans, and Americans, will also tell this presidential apprentice: "You're fired." The sooner the better.

How Bad Stem Cell Policies Can Increase Suffering, Bankruptcies, Foreclosures, Unemploymen and the National Debt

Don C. Reed | Posted 05.25.2011 | Politics
Don C. Reed

If we care about home foreclosures, bankruptcies, the national debt, unemployment and human suffering, we should care about stem cell research. All these problems are significantly worsened by chronic (incurable) disease.

Consumer Bankruptcies HIt 9-Month Low

Posted 05.25.2011 | Business

NEW YORK: The number of consumers who filed for bankruptcy protection fell in November to a nine-month low, amid signs that consumers are taking on le...

2009 Bankruptcies Increase 32 Percent From 2008

AP | MIKE BAKER | Posted 05.25.2011 | Business

RALEIGH, N.C. — U.S. consumers and businesses are filing for bankruptcy at a pace that made 2009 the seventh-worst year on record, with more tha...

Personal Bankruptcy Filings Soar

Wall Street Journal | SARA MURRAY | Posted 05.25.2011 | Business

Consumer bankruptcies topped one million for the first nine months of this year, the highest point since the system was overhauled in 2005....

Goldman Sacks and Plunders

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

Goldman Sachs cannot argue that the proceeds it received from the AIG rescue did not constitute an indirect bailout any more than can auto parts makers who are saved by Detroit's bailout.

Large U.S. Corporate Bankruptcies Accelerating

Reuters | Chelsea Emery | Posted 05.25.2011 | Business

Large U.S. corporate bankruptcies have accelerated in recent weeks as the U.S. economic slowdown claims more victims, according to industry data....

Bankruptcy Filings Rise To 6,000 A Day | Posted 05.25.2011 | Business


Business Bankruptcies Keep Rising With No Relief In Sight

McClatchy | Tony Pugh | Posted 05.25.2011 | Business

As the curtain falls on one of the most devastating financial years on record, business bankruptcies -- both large and small -- continue to soar. The...

Terminally Ill Economy

Grant Cardone | Posted 05.25.2011 | Business
Grant Cardone

While retreating appears to be the logical step in business, you would never do this if you knew you had a terminal illness and want to live.

Food Costs Rising Fastest in 17 Years

AP | ELLEN SIMON | Posted 05.25.2011 | Business

NEW YORK — Steve Tarpin can bake a graham cracker crust in his sleep, but explaining why the price for his Key lime pies went from $20 to $25 re...

Retailing Chains Caught In Wave Of Bankruptcies

New York Times | MICHAEL BARBARO | Posted 05.25.2011 | Business

The consumer spending slump and tightening credit markets are unleashing a widening wave of bankruptcies in American retailing, prompting thousands of...