Word: roberte
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...many law scholars are not surprised by Americans' mad rush to bankruptcy court. Adjusted for inflation, personal borrowing in the U.S. is 10 times greater than in 1960, according to the Federal Reserve. "Now, consumer credit has dried up," says law professor Robert Lawless, an expert on bankruptcy among sole proprietors and small entrepreneurs at the University of Illinois. "That is why people are ending up in bankruptcy court...
...list produced a number of surprises. SC Johnson, which makes household products such as Ziploc, Raid and Windex, debuted on the list in the top 10. That can be chalked up to a recent ad campaign to familiarize consumers with the parent company's name and values, says Robert Fronk, a Harris senior vice president who oversaw the survey. Another newcomer: Goldman Sachs, which made the list for the first time, at No. 56, four spots from the bottom. "Here's a company that members of the public would never interact with suddenly on the list," says Fronk. Credit...
...watch an interview with Robert Groves and to subscribe to the 10 Questions podcast on iTunes, go to time.com/10questions
...with reporting by Robert Horn / Bangkok...
...unpopular, it's a wonder people fight over the means of getting more of them - except that nowadays about $400 billion per year in federal aid follows the Census numbers, for everything from jobs to bridges to schools, so this really matters. (Watch an interview with Census Director Robert Groves...