Category Archives: Bankruptcy

Japanese airbag maker Takata files for bankruptcy, gets U.S. sponsor

Japanese airbag maker Takata files for bankruptcy, gets U.S. sponsor http://www.reuters.com/article/us-takata-bankruptcy-japan-idUSKBN19G0ZG?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F+US+%2F+Top+News%29 Re-posted from Reuters. Geoff

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Illinois Too Broke to Fix: Chicago Police Pension Fund Broke by 2021 at the Latest

Illinois Too Broke to Fix: Chicago Police Pension Fund Broke by 2021 at the Latest | MishTalk https://mishtalk.com/2017/06/23/illinois-too-broke-to-fix/ Re-posted from MishTalk. Geoff

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Canary In The Coal Mine: Unfunded Liabilities Have Turned Illinois Into A “Banana Republic”

Canary In The Coal Mine: Unfunded Liabilities Have Turned Illinois Into A “Banana Republic” | Zero Hedge http://www.zerohedge.com/news/2017-06-23/canary-coal-mine-unfunded-liabilities-have-turned-illinois-banana-republic Re-posted from Zero Hedge. Geoff Geoff Comments: Illinois politicians have conducted themselves irresponsibly for decades, now, all those bad choices have created … Continue reading

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Illinois careens into financial meltdown – and not even the lottery is safe

Illinois careens into financial meltdown – and not even the lottery is safe | Fox News http://www.foxnews.com/politics/2017/06/20/illinois-careens-into-financial-meltdown-and-not-even-lottery-is-safe.html Re-posted from Fox News. Geoff Geoff Comments: Illinois finances have gotten so bad that they cannot continue funding the Lottery? We all knew … Continue reading

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Air bag maker Takata is planning to file for bankruptcy

Air bag maker Takata is planning to file for bankruptcy – Business Insider http://www.businessinsider.com/air-bag-maker-takata-is-planning-to-file-for-bankruptcy-2017-6?utm_source=feedburner&amp%3Butm_medium=referral&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29&utm_content=FeedBurner+user+view Re-posted from Business Insider. Geoff Geoff Comments: If Takata declares bankruptcy before the settlement is completed and executed, not funds will be set aside to pay … Continue reading

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To Be The Worst Retail Apocalypse In U.S. History – More Than 300 Retailers Have Already Filed For Bankruptcy

To Be The Worst Retail Apocalypse In U.S. History – More Than 300 Retailers Have Already Filed For Bankruptcy http://theeconomiccollapseblog.com/archives/2017-is-going-to-be-the-worst-retail-apocalypse-in-u-s-history-more-than-300-retailers-have-already-filed-for-bankruptcy Re-posted from The Economic Collapse Blog. Geoff Geoff Comment: We have been warning about the impending collapse of bricks & … Continue reading

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Commercial and business bankruptcies are rising

Commercial and business bankruptcies are rising – Business Insider http://www.businessinsider.com/commercial-business-bankruptcies-2017-6?utm_source=feedburner&amp%3Butm_medium=referral&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29 Re-posted from Business Insider. Geoff Geoff Comments: This trend finds its origin in the Obama Administration, and will continue, unless President Trump gets to implement his agenda…

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These Eleven Retailers Will File For Bankruptcy Next, According To Fitch

These Eleven Retailers Will File For Bankruptcy Next, According To Fitch | Zero Hedge http://www.zerohedge.com/news/2017-05-20/these-eleven-retailers-will-file-bankruptcy-next-according-fitch Re-posted from Zero Hedge. Geoff Geoff Comments: We’ve known this was coming for, literally, years…

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Puerto Rico requests bankruptcy protection for public debt

Puerto Rico requests bankruptcy protection for public debt | Reuters http://www.reuters.com/article/us-puertorico-debt-bankruptcy-idUSKBN17Z1UC?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F+US+%2F+Top+News%29 Re-posted from Reuters. Geoff

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Puerto Rico Files For Bankruptcy Protection In Largest Ever US Municipal Debt Restructuring

Puerto Rico Files For Bankruptcy Protection In Largest Ever US Municipal Debt Restructuring | Zero Hedge http://www.zerohedge.com/news/2017-05-03/puerto-rico-seek-bankruptcy-protection-launching-largest-ever-us-municipal-debt-rest Re-posted from Zero Hedge, Geoff

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