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...owner and sole proprietor of a local business, Carpet Care 4 Less. Throughout 2007, he saw his income plummet along with the national economy. "My business dropped off by 50%," he says. As his client roster evaporated, Flores started drawing on credit cards and took out a second mortgage to the tune of $57,000 in order to stay afloat. In 2009, out of options and under threat of losing his home of 10 years, Flores filed for Chapter 13 bankruptcy - a reorganization filing under which consumers agree to a plan to make payments of past-due debts to creditors...

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

...bottom 10. In descending order, they were: Delta Airlines, Bank of America, JPMorgan Chase, General Motors, Chrysler, Goldman Sachs, Citigroup, Fannie Mae, AIG and Freddie Mac. Industry-wise, tobacco again claimed the worst reputation; last year it shared that honor with financial services, which this year held the second worst reputation. Third worst was insurance. At the top end of the industry-reputation list were technology, travel and tourism, and retail...

Author: /time Magazine | Title: Which Companies Do People Respect Most? | 4/5/2010 | See Source »

Mindful of such pitfalls, Saif rejected his father's proposal last year to assume the country's second-highest post. "I would not accept [a position] because you need to have a constitution," Saif says. "You need transparent political rules of the game." He's also prepared to test the system. Tensions erupted into full view last December after Saif invited the Washington and Middle East directors of Human Rights Watch to launch its report on Libya's human-rights violations at a press conference in the heart of Tripoli. Few groups had ever been allowed to speak out publicly...

Author: /time Magazine | Title: Can Gaddafi's Son Reform Libya? | 4/5/2010 | See Source »

Berardo appeared to be cruising, as the junior opened the bottom of the second with two quick outs, but Cornell racked up two singles and a walk before second baseman Matt Langseth plated the game’s first run with a single. Berardo then walked in a second run to stake the Crimson to a 2-0 deficit. With Big Red starter Tony Bertucci pitching lights-out, Harvard would never have a chance to climb back...

Author: By Christina C. Mcclintock, CRIMSON STAFF WRITER | Title: Cornell Offense Potent as Baseball Splits Again | 4/5/2010 | See Source »

...strong innings couldn’t make up for Harvard’s second-game struggles, as the Big Red crossed the plate twice in the fourth and four times in the fifth to put the game out of reach...

Author: By Christina C. Mcclintock, CRIMSON STAFF WRITER | Title: Cornell Offense Potent as Baseball Splits Again | 4/5/2010 | See Source »

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