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    Apr 11, 2013 |Story| Chicago Tribune
  1. Now on the table: Entitlements

    <em>At a Republican presidential debate in 2011, all eight candidates on the stage said they would reject a budget deal that raised taxes even if it had $10 of spending cuts for every dollar of tax increases. At Tuesday's protest, I put the reverse question to participants: Could they accept a dollar of cuts in Medicare and Social Security benefits for every $10 of increased taxes on corporations and the wealthy? All (the leaders) I asked said they would decline.</em>
    At a Republican presidential debate in 2011, all eight candidates on the stage said they would reject a budget deal that raised taxes even if it had $10 of spending cuts for every dollar of tax increases. At Tuesday's protest, I put the reverse question...

    Tags: Gun Control, U.S. Congress, Elections, Budget Control Act of 2011, Budgets and Budgeting

  2. May 1, 2013 |Blog| Cars.com
  3. Coda Becomes Latest EV Start-Up to Short Circuit

    KickingTires
    Los Angeles-based start-up Coda announced today that it is declaring Chapter 11 bankruptcy and pulling the plug on its electric vehicle. The news echoes other recent high-profile struggles for EV start-ups like Aptera and perhaps most notably Fisker,...

    Tags: U.S. Congress, The Detroit News, Economy, Business and Finance, Companies and Corporations, U.S. Department of Energy

  4. May 1, 2013 |Blog| Autoblog.com
  5. Coda officially files for bankruptcy, shifts focus to energy storage

    Autoblog.com
    Filed under: EV/Plug-in, Coda Automotive Anyone who had Coda Automotive in your office pool for the next electric vehicle maker to declare bankruptcy, go on and collect your winnings. Coda announced today it will restructure as an energy storage...
  6. Apr 11, 2013 |Story| Los Angeles Times
  7. Blame all around in Stockton

    After a federal judge ruled last week that the city of Stockton can reduce its debt through bankruptcy, observers began to frame the battle as one of municipal bondholders against public employees. But it's hard to shed tears for either of them.
    After a federal judge ruled last week that the city of Stockton can reduce its debt through bankruptcy, observers began to frame the battle as one of municipal bondholders against public employees. But it's hard to shed tears for either of them....

    Tags: Interior Policy, Crime, Law and Justice, Manhattan (New York City), Bonds, Justice System

  8. Apr 10, 2013 |Story| Los Angeles Times
  9. New Orleans asks judge to seize troubled prison from sheriff

    Conditions have gotten so bad at a New Orleans prison that city officials have asked a judge to appoint a replacement for the sheriff in charge, according to a federal court filing.
    Conditions have gotten so bad at a New Orleans prison that city officials have asked a judge to appoint a replacement for the sheriff in charge, according to a federal court filing. For years, the Orleans Parish Prison has been criticized by the U.S....

    Tags: U.S. Department of Justice, Government, Prisons, Public Officials, Justice System

  10. Apr 15, 2013 |Story| Los Angeles Times
  11. Ernie Schneider dies at 66; chief administrative officer of O.C. when it declared bankruptcy

    Ernie Schneider, the chief administrative officer of Orange County when it declared bankruptcy in 1994 because of its disastrous investment practices, died Saturday<strong> </strong>at his home in San Juan Capistrano. He was 66.
    Ernie Schneider, the chief administrative officer of Orange County when it declared bankruptcy in 1994 because of its disastrous investment practices, died Saturday at his home in San Juan Capistrano. He was 66. His death, related to liver and kidney...

    Tags: Finance, Economy, Business and Finance, Government, Public Officials, Science and Technology

  12. Apr 10, 2013 |Story| Petoskey News
  13. Factories that ran on Korean cooperation go silent

    PAJU, South Korea (AP) &mdash; A few hundred South Korean managers, some wandering among quiet assembly lines, were all that remained Tuesday at the massive industrial park run by the rival Koreas after North Korea pulled its more than 50,000 workers from the complex. Other managers stuffed their cars full of finished goods before heading south across the Demilitarized Zone that divides the nations.
    PAJU, South Korea (AP) — A few hundred South Korean managers, some wandering among quiet assembly lines, were all that remained Tuesday at the massive industrial park run by the rival Koreas after North Korea pulled its more than 50,000 workers from...

    Tags: Pyongyang (North Korea), Seoul (South Korea), Economy, Business and Finance, Companies and Corporations, Science and Technology

  14. May 1, 2013 |Story| Los Angeles Times
  15. Electric car maker Coda files for bankruptcy, will go up for sale

    Coda Automotive Inc., the Los Angeles-based electric-car maker backed by billionaire Philip Falcone, has filed for bankruptcy and will put itself up for sale.
    Coda Automotive Inc., the Los Angeles-based electric-car maker backed by billionaire Philip Falcone, has filed for bankruptcy and will put itself up for sale. Coda listed assets of no more than $50 million and liabilities of up to $100 million in the...

    Tags: Automotive Equipment, Economy, Business and Finance, Companies and Corporations, Ford, Manufacturing and Engineering

  16. May 1, 2013 |Column| Chicago Tribune
  17. 'Mortal Kombat' creator Ed Boon back with DC superhero game

    Ed Boon was pulling punches.
    Ed Boon was pulling punches. I could tell immediately: Why else would Aquaman be wiping the floor with Batman? Not to mention, I was playing Ed Boon in a video game, a fighting game, that Ed Boon, the king of the fighting-game genre, created. The game...

    Tags: Entertainment, Sony Corp., Warner Bros. Entertainment, Inc., Science and Technology, Gaming Industry

  18. Apr 30, 2013 |Story| WTXX-LTV
  19. What Happens When State-Funded Businesses Fail?

    For one reason or another, they were all failures: a recycling outfit in Killingworth; a Greenwich consulting firm; a personal information security company in Berlin; and a West Hartford restaurant. Their closings cost Connecticut at least 28 jobs.
    For one reason or another, they were all failures: a recycling outfit in Killingworth; a Greenwich consulting firm; a personal information security company in Berlin; and a West Hartford restaurant. Their closings cost Connecticut at least 28 jobs. None...

    Tags: Killingworth, Personal Service, Economy, Business and Finance, Berlin, Business Enterprises

  20. May 1, 2013 |Story| Chicago Tribune
  21. Arizona legislature votes to make gold, silver legal tender

    Arizona lawmakers on Tuesday voted to make silver and gold coins and bullion legal currency in the state, citing concerns about the stability of the world's monetary system.
    Reuters
    Arizona lawmakers on Tuesday voted to make silver and gold coins and bullion legal currency in the state, citing concerns about the stability of the world's monetary system. If signed into law, Arizona would become the second state in the nation to...

    Tags: Gold Standard Incorporated, Government, Metal, Metal and Mineral, Business

  22. Apr 25, 2013 |Story| Hampton Roads Daily Press
  23. Defense witnesses take the stand in Martinovich trial

    A top deputy of Jeffrey A. Martinovich said Wednesday he was unaware of any role the former financial service company CEO had in inflating the value of a solar company in which a Martinovich hedge fund owned a large stake. Kevin Cadieux was at Langley...

    Tags: Finance, Langley Air Force Base, Economy, Business and Finance, Financial and Business Services, Companies and Corporations

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Bankruptcy Photos
An estimated 400 depositors line up outside the Des Pla...
(May 22, 2013)
Michael: [screaming into the office] "I DECLARE BANKRUP...
(May 12, 2013)
On how to declare bankruptcy
Phoenix, "Bankrupt!"
(April 23, 2013)
Phoenix, "Bankrupt!"