Word: bankrupting
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Dates: during 2000-2009
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...what prosperity [Oct. 13]? For more than 20 years, working-and middle-class Americans have seen their jobs go overseas, wages diminish and savings disappear; they've had retirement funds stolen by companies going bankrupt or merging, and health care made unavailable as a result of cost. Suggesting that borrowing to live is the cause of the Wall Street collapse when the 400 richest people in the U.S. have as much money as several million average citizens shows ignorance of the greed and avarice controlling this country. Paul A. Heller, WASHINGTON, MICH...
...competition with new banks set up by the ongoing privatization of Japan's postal system, which for decades acted as a government-run banking system. Hiromichi Shirakawa, chief economist at Credit Suisse Japan, says that several regional banks have also been hurt by investments in securities sold by the bankrupt Wall Street giant Lehman Brothers, and by soured subprime-related securities holdings...
...everyone is so lucky. Recent industry research shows that falling purchasing power and consumer fear of a looming economic downturn have caused spending in France's cafés and restaurants to slump around 20% this year. Nearly 3,000 of the nation's restaurants closed down or went bankrupt in the first half of 2008 alone. That wave of failure may well rise as newcomers to the sector who relied on credit to get started find themselves stretched to make their payments as revenues slump. "If I were 30, starting out with loans to reimburse...
Depression Hurts The end of what prosperity [Oct. 13]? For more than 20 years, working- and middle-class Americans have seen their jobs go overseas, wages diminish and savings disappear; they've had retirement funds stolen by companies going bankrupt or merging, and health care made unavailable as a result of cost. Suggesting that borrowing to live is the cause of the Wall Street collapse when the 400 richest people in the U.S. have as much money as several million average citizens shows ignorance of the greed and avarice controlling this country. Paul A. Heller, Washington, Michigan...
...what prosperity [Oct. 13]? For more than 20 years, working- and middle-class Americans have seen their jobs go overseas, wages diminish and savings disappear; they've had retirement funds stolen by companies going bankrupt or merging, and health care made unavailable as a result of cost. Suggesting that borrowing to live is the cause of the Wall Street collapse when the 400 richest people in the U.S. have as much money as several million average citizens shows ignorance of the greed and avarice controlling this country. Paul A. Heller, WASHINGTON, MICH...