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Bankruptcy
: The Debt PodcastAre the Chicago Cubs going bankrupt?
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It’s been over 100 years since the Cubs won the World Series. And now, we hear they may be going bankrupt! Why?
The parent company, Tribune Corporation, like many other newspapers all over the United States, is in bankruptcy. Owner Sam Zell acquired Tribune Corporation a few years ago in a very expensive deal and took [...]Full post as published by The Debt Podcast on July 13, 2009 (boomark / email).
Lawsuits and Settlements
Lehman Brothers
Bankrupt, Files Chapter 11
Chicago's Metra Transit
Settles Suit fo $11 Million
Chicago Golf Course
101 Year Old Owner Must Get $25 Million for Property
Dana Tax Donations
Bankrupt auto supplier pays $1.25 million settlement.
Bankrupt Money Manager
Former officers to pay $10.7 million settlement in fraud lawsuit.
Parks Department
Chicago to pay $2 million settlement in playfield lawsuit.
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