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A substantial number of cases before Bowie involve a financial institution asking the court for relief from stay, so they can pursue foreclosure against borrowers like Flores. Lenders represented in the courtroom include JPMorgan Chase Bank, Bank of America, Deutsche Bank Trust, Wells Fargo Bank, US Bank and GMAC Mortgage...

Author: /time Magazine | Title: Personal Bankruptcies Hit a High and May Keep Rising | 4/5/2010 | See Source »

In San Diego and Imperial counties alone, bankruptcy filings have increased 379%, spiking from 4,210 in 2006, the peak of the housing boom, to 20,193 in 2009. Nationally, more than 1.4 million business and consumer bankruptcy petitions were filed in 2009, up 32% from the 2008 figure, and...

Author: /time Magazine | Title: Personal Bankruptcies Hit a High and May Keep Rising | 4/5/2010 | See Source »

Abhisit surely recognizes how wounding class divisions can be if left to fester. Currently, the richest 20% in Thailand controls two-thirds of the nation's wealth. "In many [Bangkok] districts, the richest and poorest have been living side by side for years and people feel these income gaps," says...

Author: /time Magazine | Title: Thailand: Why the Reds Are in Revolt | 4/5/2010 | See Source »

To say Hanks is teaching people about history is akin to saying creationism is science. There is a huge difference between a good movie filled with American propaganda that presents a skewed version of events, and a proper historical study of the subject. I totally accept that these films are...

Author: /time Magazine | Title: History 2.0 | 4/5/2010 | See Source »

Hanks does us all a service by helping to rekindle America's dying interest in history. With professional journalism dwindling, there is a real need for us to make sure that we understand events for ourselves. But if we deliberately look away from controversial events, we can never hope to...

Author: /time Magazine | Title: History 2.0 | 4/5/2010 | See Source »

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