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...than any other person I've ever studied, he's the best straight learner I've ever seen," Valiante gushes. "He makes mistakes, but then you watch him go about his business and he doesn't make that mistake twice." (Of course, you could argue that the sheer number of Woods' alleged mistresses, over 15 by some counts, proves that he's quite capable of repeat offending...
Cases like Flores' are being brought before judges all across the country, and the number of such legal actions promises to increase. In March, more individuals and businesses filed for bankruptcy than in any month since October 2005, when federal bankruptcy laws were made more restrictive. There were 158,141 U.S. bankruptcy petitions filed last month - a 35% increase over February's figure, according to data compiled by Automated Access to Court Records (AACER). This was a 19% increase over the number in October 2009, the last record-high month...
...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. When a Chapter 13 bankruptcy is ordered and confirmed, lenders must cease any foreclosure proceedings and the delinquent homeowner must begin making regular mortgage payments. But if the debtor cannot keep up the payments, "sooner or later the court drops the bomb," says attorney James Beshears...
...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 Samuel J. Gerdano, executive director of the American Bankruptcy Institute, says the number of consumer filings (Chapter 7 and 13) in 2010 will likely surpass those in 2009. If the just-released March numbers are any indication, Gerdano is probably right...
...France's higher-education system, which has little selectivity - virtually anyone who wants to study at a university can do so for about $540 per year. The government subsidizes the remaining cost per student, which can be as high as $16,160 per year. An increase in the number of students can also mask the growing unemployment problem in France, according to François Ameli, a professor of international law at Université Paris 1 Panthéon-Sorbonne. "The philosophy of France [on higher education] is a mass sort of thing. We have over 2.2 million students, which...