Tag: bankruptcy

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Student Debt Dogs Millennials for a Lifetime and Drags Down the Economy

The student debt problem is exploding, growing three times as fast as any other kind of debt, yet the Trump administration is making it more…

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Sears Bankruptcy Engineered to Benefit Executives and Stiff Workers

Executives of Sears stand to gain up to $1 million in bonuses, should Sears be liquidated, and $500,000 if it’s restructured. Meanwhile, ordinary workers at…

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Furniture company Mitchell Gold + Bob Williams went bankrupt overnight. Here’s how.

In 1989, Mitchell Gold and Bob Williams founded a furniture store bearing their names. The company became an American success story until last month, when…

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