Restaurant Chain Known For Murders Files Chapter 11 Bankruptcy
Brown's Chicken & Pasta Inc. a chain of chicken restaurants that made national headlines in 1993 when seven employees at one of its stores were murdered has filed for Chapter 11 bankruptcy protection. The...
After Bankruptcy Pilgrim’s Pride Scolds “Bailout Banks”
Pilgrim's Pride, which emerged from bankruptcy this week has scolded American banks who received bailouts, saying that not one bank offered the poultry company credit after its bankruptcy. A fact, says Pilgrim's Pride, that...
Seven Things You Can Do Now To Ring In A Good Financial New Year
Run all three of your credit reports. Go to www.annualcreditreport.com now and get your credit reports for free. Many debtors do not realize the extent of their debt troubles until they actually run their...
France And Britain Tax Banker Bailout Bonuses, Should We?
Britain and France announced that they will levy a one-time tax on large bonuses paid by bailed-out banks, while US banks who benefited from taxpayer bailouts are set to dole out bonuses that are...
Will The Proposed Stimulus Program Save You Financially?
President Barack Obama is proposing a stimulus program that's designed to combat the high unemployment rate plaguing the nation. But will the new stimulus program help the average American avoid foreclosure and bankruptcy? Obama...
Economists Fear Consumer Saving Is Derailing U.S. Recovery
The high unemployment rate and tight credit markets have caused consumers to decrease their spending which has many economists fearing that an increase in savings will derail the U.S. economy. Since spending accounts for...
Are TARP Funds Coming Your Way?
One of the biggest controversies surrounding the use of TARP funds (aka bailout money) has been that none of that money was used to directly benefit homeowners facing foreclosure. Proponents of funneling money into...