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A free floating commentary on culture, politics, economics, and religion based on a passionate commitment to the truth and a desire graciously to refute that which is contrary to it….
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WSJ: Business Bankruptcy Filings Increased 7% in October
Business bankruptcy filings jumped in October, reversing two consecutive months of declining commercial filings and indicating that bankruptcies could continue to rise as the economy struggles to stabilize....
"The margin for success is so thin that any financial hiccup" could cause a business to file for bankruptcy, said Jack Williams, a bankruptcy professor at the Georgia State University College of Law.
Read it all.
Filed under: * Economics, Politics • Economy • Corporations/Corporate Life • The Credit Freeze Crisis of Fall 2008/The Recession of 2007--
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well obviously those businesses need gov’t mandated health insurance plans for their employees to get through these tough times…:(
November 4, 8:37 pm | [comment link]