bankruptcy

via:christianpost Three family members of Crystal Cathedral’s founder, the Rev. Robert H. Schuller, including the executive producer of the “Hour of Power,” were fired by a vote of the ministry’s board last week, it emerged Tuesday. In addition, ministry leaders are considering putting the ailing “Hour of Power” into reruns. The signature televangelist show, the […]

NEW YORK (CNNMoney) — American Airlines, one of the few major U.S. airlines to avoid bankruptcy, finally succumbed Tuesday and filed for chapter 11. Corporate parent AMR also filed, and said that American, American Eagle and all other subsidiaries will honor all tickets and reservations and operate normal flight schedules during the bankruptcy filing process, using […]

It's always been easy to go bankrupt but the recession made it that much easier, with 15 million people unemployed and struggling to pay their bills. An astonishing 1.5 million people went bankrupt in the past year, up 20 percent from a year earlier.

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Blockbuster filed for bankruptcy Thursday in its latest attempt to overcome nearly $1 billion in debt.

First Hollywood Video...Now Blockbuster! Well, I hope this means they are getting rid of my late fees.LOL