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Bankruptcy

Diocese of Rockville Centre files for bankruptcy after child sex abuse lawsuits

October 1, 2020 By jamesb

...from the NY Post.... The Diocese of Rockville Centre — one of the nation’s largest Catholic dioceses — has filed for bankruptcy as a result of more than 200 sexual abuse lawsuits. Bishop John Barres made the announcement in a video Thursday, saying the diocese was filing … [Read more...] about Diocese of Rockville Centre files for bankruptcy after child sex abuse lawsuits

Filed Under: Law, Other Things Tagged With: Bankruptcy, Catholics, Diocese of Rockville Centre, Long Island/NY Catholic Church, Religious organisations, Sex abuse lawsuits

J.C. Penney joins the Gap and Neiman Marcus in declaring bankruptcy….

May 15, 2020 By jamesb

The retail chains had been teetering on the edge of closing.... The virus shutdown of retail shopping pushed them over the edge... It's hard times for big store retail.... On-line shopping and a recession economy is and will keep hurting clothing stores which have lost … [Read more...] about J.C. Penney joins the Gap and Neiman Marcus in declaring bankruptcy….

Filed Under: Other Things, the Economy Tagged With: Bankruptcy, consumer spending, economy, Gap, J.C. Penney, Neiman Marcus, On-line buying, Retail failures, US Consumer spending, virus

Why Elizabeth Warren is after big business…

August 25, 2019 By jamesb

The NY Times does a piece tracing her history of being pro-business until she got to see the under belly of people broke and trying to get out under huge debt they would never be able to repay... That something, as Ms. Warren often tells the story, was her deepening … [Read more...] about Why Elizabeth Warren is after big business…

Filed Under: Government, Law, Other Things, Politics Tagged With: Bankruptcy, Big Business, Consumer Debt, Elizabeth Warren, Politics

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