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The Bureau of Labor Statistics, a division of the U.S. Department of Labor, reports that the national unemployment rate was 8.5 percent at the end of 2011. This was a slight improvement from earlier in the year when unemployment hovered well above 10 percent.

Here is a partial list of commercial bankruptcy filings in Los Angeles County, provided by Timely Info of Los Angeles. KQ Properties LLC, 8345 Reseda Blvd., Suite 222, Northridge; Chapter 7; document SV12-12329-VK; assets: N/A; debts: N/A; filed March 12.

As recently as Feb. 24, a "Michael Tree" listed some of the guns for sale on the website www.subguns.com. Under his bankruptcy filing, Free cannot sell any assets. The court appointed a trustee, James Walsh, to oversee the sale of his assets in order to pay creditors.

The bankruptcy court in Delaware, which has been hearing the case for the past nine months, also must approve the sale, which will bring the club out of bankruptcy by paying off nearly $600 million in debts. The creditors are expected to be paid ...

I'm still reading through the various American Airlines filings from Tuesday, but one item caught my eye in American's memo in support of its motion to reject the Allied Pilots Association contract: "With the perspective of hindsight, it is now clear that ...