The hottest trend in 2009: declaring bankruptcy
Bankruptcy filings are on the rise. With the ongoing destruction of wealth and employment, the number of consumers that file for bankruptcy protection is surging and likely to rise further. And consumers are beating down retail businesses. Increased consumer saving more is not necessarily a bad thing, unless one is a retailer; on weak consumer demand, 2009 is expected to bring further retail bankruptcies. Here are some excerpts from a few of today’s bankruptcy articles. Post-Christmas Sales May
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Tags: Bank, Bankruptcy, Business