Current Affairs

Bankruptcy Judge Clears Borders Store Closings

02/21/11

It's official. Borders will be closing 200 of its superstores throughout the nation, including 35 here in California. The doomsday list includes the Pasadena location, the Century City Mall store, and the Howard Hughes Center store. Call me a cynic,...

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JPMorgan says Lehman called assets "goat poo"

02/18/11

The bank has revised a lawsuit to include an allegation of fraudulent inducement to lend, asserting that Lehman and Barclay's knew that Chase's emergency loans would never paid back. Read more here.

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Bachelor Aaron Buerge: I'm in Bankruptcy, But Not Broke

02/18/11

The happily married former "Bachelor" star found true love over the course of the reality show in 2002 only to call it quits not one month later. In a somewhat insightful commentary on his debts, amounting to more than four...

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