Bankruptcy


Armand Biroonak's picture

House Hearing Shines Light on Student Bankruptcy Injustice

Earlier this week the House held a hearing on private student loans and bankruptcy, shedding light for the first time on a rather unknown yet devastating aspect of student debt. more »

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Bankruptcy Law Key To Obama's Foreclosure Fight

huffingtonpost.com — The most important element of President Obama's plan to fight foreclosures will require Congressional action—and the banking and business lobbies are already on the attack. If Congress fails to pass a bankruptcy law overhaul, the entire plan will fall apart.

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Dmitri Iglitzin's picture

R.I.P., Circuit City

On November 10, 2008, Circuit City, the nation’s second-biggest electronics retailer, filed for bankruptcy. It’s going to have a lot of company in bankruptcy court. More than a dozen U.S. retailers filed for bankruptcy in 2008, including Linens ‘n Things and Sharper Image. more »

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Dmitri Iglitzin's picture

R.I.P., Circuit City

On November 10, 2008, Circuit City, the nation’s second-biggest electronics retailer, filed for bankruptcy. It’s going to have a lot of company in bankruptcy court. More than a dozen U.S. retailers filed for bankruptcy in 2008, including Linens ‘n Things and Sharper Image. more »

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BANKING INDUSTRY OPPOSES BILL TO PROTECT WORKING FAMILIES FROM PREDATORY STUDENT LOANS

californiachronicle.com — Working families and their college-bound children would get the information they need to protect themselves from predatory student loans under a bill by Assembly Speaker pro Tempore Sally Lieber (D-San Jose) facing heavy banking industry opposition at 1:30 p.m. today in the Assembly Higher Education Committee.

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Student Loan Guarantor Faces Bankruptcy

reuters.com — The Education Resources Institute Inc, which calls itself the largest not-for-profit guarantor of U.S. private education loans, has filed for Chapter 11 bankruptcy protection, saying rising defaults and credit market problems have damaged liquidity.

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David Sirota's picture

Open Columnist: A Call for Input

This is the third installment of what I have been calling Open Columnist - a call for reader input into the nationally syndicated newspaper column I write every week for Creators Syndicate. more »

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Rick Perlstein's picture

Weekend Watchdog

Every Friday in our Weekend Watchdog feature, we post suggested questions for scheduled Sunday guests. You can add your own questions in the comment thread. We'll also include contact information for the shows, so we can let them know what their viewers want asked.

And on Sunday at 4 PM ET, tune in to Air America Radio's "Seder on Sundays" program, where I'll offer the Weekend Watchdog Wrap-Up.

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The Fed, The Enabler

alternet.org — The Federal Reserve Board has been doing a poor job in its role as regulator.

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Debt Addiction's Price

alternet.org — Market evangelists created the wreckage, but working people will suffer the most.

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