Bankruptcy

The World's Youngest Billionaires
The ranks of which I will probably never join, Forbes profiles the youngest billionaires in the World today. I guess we should not gloat that our billionaires are be best, but what I observed in viewing the profiles of the World's youngest billionaires is that all of them from all other countries obtained their money through inheritance, whereas all of the young billionaires of the United States made the money themselves...

CBS: Poll: Americans Say Bad Economy Will Linger. A majority of Americans have a negative impress
CBS: Poll: Americans Say Bad Economy Will Linger. “A majority of Americans have a negative impression of the economy and expect the effects of the recession to linger for years, according to a new CBS News poll...

Warren and Gates Ask Billionaires to Give Away Money
Warren Buffett and Bill Gates have started a campaign called the ?Giving Pledge? and are asking billionaires to pledge to give away at least half of their fortune either during their lifetime or after their death...

On The House Democratic Caucus Resolution on Tax Cuts
House Democrats share the President’s commitment to providing the middle class with a tax cut to grow the economy and create jobs. The House passed a bill last week to provide tax cuts for all Americans but not a bonus tax cut to millionaires and billionaires...

Even Billionaires Do Not Always Get What They Want
When billionaires declare their assets for taxation, they also make billion dollar tax deductions. Andrew Beal, the billionaire founder of Beal Bank in Plano, Texas and financier of Donald Trump's Atlantic City casinos made such a deduction based on losses incurred in connection with loans his bank acquired from Chinese companies...

Burglary, How the Global Economy Drives It
It’s no secret that America’s economy is in a recession.  What is odd is how the global economy is affecting local criminal activity.  For example, one American dollar used to be worth two British pounds (UK currency) which meant your dollar was twice as strong as their was; however that has changed and our current [...

Google Sued for Violating the Privacy Rights of Millions of Americans
Google Sued for Violating the Privacy Rights of Millions of Americans

Diamond Antitrust
De Beers Diamond Company creates $295 million class action fund for anticompetitive gem prices.