Category:Bankruptcy
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Category:Bankruptcy

This is the category for bankruptcy, legally recognized inability of a person or organization to pay its debts.

This category is appropriate when an article concerns some entity entering, operating under, or leaving bankruptcy; and when an article concerns changing bankruptcy laws. Consider carefully if it is appropriate in cases where an entity did something to avoid bankruptcy. Keep in mind as a general principle for a free-standing category, to decide whether to add an article to the category one should ask whether, when researching the topic of the category, one would like that article to turn up.

Refresh this list to see the latest articles.

  • 15 March 2018: US toy retail giant Toys ‘R’ Us files for liquidation in United States
  • 4 March 2018: Maria Contreras-Sweet Group buys The Weinstein Company assets, saves it from bankruptcy
  • 21 September 2017: US toy retail giant Toys R Us files for bankruptcy in US, Canada
  • 20 January 2012: Wikinews Shorts: January 20, 2012
  • 21 August 2011: La Liga fixtures face delay due to players’ strike
  • 16 August 2010: Hong Kong ‘tutor king’ applies for bankruptcy
  • 18 January 2010: Japan Airlines to file for bankruptcy
  • 14 December 2009: Dubai receives bailout from Abu Dhabi
  • 5 August 2009: South Korean police battle striking workers
  • 5 June 2009: Penske Auto selected to buy General Motors’ Saturn unit
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Workers removing a sign from a bankrupt retailer in the United States, from file.


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Pages in category “Bankruptcy”

Do You Know That 1 Gram Silver Bar Can Be A Legal Tender For An Honest Person}

Do You Know That 1 gram silver bar Can be a Legal Tender For an Honest person

by

Alexis Alexander

Silver is one of the metals of the periodic table. The atomic weight of silver is 47. Lustrous white in appearance and it is soft to touch. It may occur naturally or in combination with other metals in alloys.

Due to the property of ductility that is, the property by virtue of which a substance cab me molded in the shape of wires, and its good thermal and electrical conductivity, they are most suitable for wires. But they are expensive, so copper wires are used as a replacement.

Now 1 gram silver bar can be a legal tender for an honest person. There are organizations which sell 1 gram silver bars. It looks like a very small thin and malleable piece of sheet. They display it by cutting a slice, same as the size of the bar in a paper, and then they fit the bar like a mosaic on the paper. It almost acts like a see through.

If you decide to buy a 1 gram silver bar, say at $3 and keep the precious metal with you for any other purpose, it is completely fine. After some time when the price of silver bar rises, say it becomes $4 then you may sell it to earn a profit. Thus it was a profit deal that you struck.

You may choose to keep the silver bar as long as you dont see any sign of the price of silver appreciating. But then try to analyze the cases where you can suffer a loss. In that case its better to sell it away at the same price so as to avoid a loss.

Few silver producing companies claim that a silver bar can be the key to freedom. The question is how and freedom from whom? The answer they give is freedom from bankers. Bankers take your money without giving you proper reasons. This silver bar has the ability to buy, so it gives you the freedom.

The organizations that sell 1 gram silver bar usually gets in touch with jewelers who can produce it in large quantities for them. They sell it to people who can melt this bar and use it for the production of ornaments or any other purpose.

But the point of buying silver is not for using it. It is meant for the storage of wealth. You can sell it to some other investor or trade it with some one who gives value for value. The manufacturers prefer to sell it in free market.

By picking up 1 gram of silver bar you are practically doing wealth insurance for yourself. This investment is very safe because you shall easily find another buyer whenever you feel that you need to sell this.

You can find great deals and selection on

1 gram silver bars

at: ==>

bullionbargains.us

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Do You Know That 1 gram silver bar Can be a Legal Tender For an Honest person}

News briefs:June 1, 2010
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News briefs:June 1, 2010

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Sub-prime lenders send jitters through global markets
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Sub-prime lenders send jitters through global markets

Tuesday, March 13, 2007

Just two weeks after China sent global markets into a tumble, growing worries about sub-prime mortgage lenders in the United States are sending jitters through stock exchanges around the globe. The three major US stock market indices each fell two percent from Monday’s closing price, marking the second-biggest loss of 2007. London’s FTSE 100, Paris’ CAC 40 and Frankfurt’s DAX 30 indices each closed down more than 1 percent.

As the Mortgage Bankers Association reported that late payments on mortgages and home foreclosures in the US homes rose in the fourth quarter to their highest level in years, investors are concerned that not only US banks but also multi-national banks around the globe could have exposure.

More than two dozen sub-prime lenders have closed or sold operations as defaults on those mortgages have risen. “The delinquencies and defaults have started to soar,” said Nicolas Retsinas, director of Housing Studies at Harvard University. “A lot of these lenders started to make loans and lost track of some of the fundamentals.”

New Century Financial Corporation, the second largest sub-prime lender in the US, has recently revealed that its creditors were no longer providing funds and, further, it has become subject of an SEC investigation. The New York Stock Exchange has said it will delist New Century. Accredited Home Loan Lending, another major sub-prime mortgage specialist, said it was seeking fresh capital and waivers on its lending covenants.

Sub-prime lenders provide mortgages to people who do not qualify for loans from mainstream lenders, typically due to their credit histories. The lenders then bundle these mortgages as collateral for loans that they obtain from other financing firms, such as GMAC. Such firms can then repackage these loans and sell them as mortgage-backed securities. These securities may end up in the hands of major multi-national banks such as Citibank, HSBC, and Commerzbank. Each level of lending assumes a level of financial risk, but trouble can arise when the risk tolerances are exceeded. If too many homeowners default on their mortgages, the sub-prime lender can end up defaulting. If too many of these lenders default, as it is feared may be happening now, the defaults can cascade upward. While no one is predicting major bank failures at this point, it is feared that their profits could be hurt.

ACLU President Strossen on religion, drugs, guns and impeaching George Bush
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ACLU President Strossen on religion, drugs, guns and impeaching George Bush

Tuesday, October 30, 2007File:Nadine Strossen 5 by David Shankbone.jpg

There are few organizations in the United States that elicit a stronger emotional response than the American Civil Liberties Union, whose stated goal is “to defend and preserve the individual rights and liberties guaranteed to every person in this country by the Constitution and laws of the United States”. Those people include gays, Nazis, women seeking abortion, gun owners, SPAM mailers and drug users. People who are often not popular with various segments of the public. The ACLU’s philosophy is not that it agrees or disagrees with any of these people and the choices that they make, but that they have personal liberties that must not be trampled upon.

In Wikinews reporter David Shankbone’s interview with the President of the ACLU, Nadine Strossen, he wanted to cover some basic ground on the ACLU’s beliefs. Perhaps the area where they are most misunderstood or have their beliefs most misrepresented is their feelings about religion in the public sphere. The ACLU categorically does not want to see religion disappear from schools or in the public forum; but they do not want to see government advocacy of any particular religion. Thus, former Alabama Chief Justice Roy Moore’s placement of a ten ton monument to the Ten Commandments outside the courthouse is strenuously opposed; but “Lone Ranger of the Manger” Rita Warren’s placement of nativity scenes in public parks is vigorously defended. In the interview, Strossen talks about how certain politicians and televangelists purposefully misstate the law and the ACLU’s work in order to raise funds for their campaigns.

David Shankbone’s discussion with Strossen touches upon many of the ACLU’s hot button issues: religion, Second Amendment rights, drug liberalization, “partial-birth abortion” and whether or not George W. Bush should be impeached. It may surprise the reader that many ideas people have about the most visible of America’s civil libertarian organizations are not factually correct and that the ACLU often works closely with many of the organizations people think despise its existence.

Become A Master Co Creator}

Become a Master Co-Creator

by

InEasa mabu Ishtar

Become a Master Co-Creator

Free New Moon Meditations And ActivationsThe Ascended Masters wish to offer channeled meditations and activations on the New Moon for the next 6 months to assist you to move deeper into your mastery of creation this year.The Masters say that 2011 is a year when the group heart of humanity is awakening to their true co-creator selves and these activations each month will assist you to awaken the power of co-creation and manifestation within you.These channels will be offered as a live webcast on the day of the New Moon Australian time.They will also be made available as an MP3 audio which you will be able to download if you register to receive it.All you need to do is to send an email to Ishtar at ishtar@ascendedmasterchannel.comThis e-mail address is being protected from spambots. You need JavaScript enabled to view it with the word “PLEASE REGISTER” in the subject line.An invitation to register for the webcast will be forwarded to you to complete.You do not need any software to listen to this webcast and you can listen live over the internet or via telephone link up – just follow the instructions when you have received your webcast invitation.Reminders will be sent to you before each webcast once you have registered.You are invited to share this email with your friends, clients and contacts if they are interested in joining us.The first New Moon webcast will be held on February 2nd at 1pm Sydney, Australian time.New Moon Meditation Dates and Times:February 2nd at 1pm* Sydney time (London 2am, New York 9pm)March 5th at 7am* Sydney time ( March 4 London 8pm, New York 3pm)April 3 at 11.30pm Sydney time (London 2.30pm*, New York 10am*)May 3 at 4pm Sydney time (London 7am*, New York 2am*)June 3rd at 6.30am Sydney time (June 2nd London 9.30pm*, New York 4.30pm*)July 1 at 7pm Sydney time (London 10am*, New York 5am*)* denotes Daylight Saving timeTo find out what time this is for you in other destinations please go to www.timeanddate.com/worldclockMany blessingsIshtarBlessed be in the One HeartIn’Easa mabu IshtarAscended Master ChannelKeeper of Knowledge, Wisdom and Mysterywww.ascendedmasterchannel.comwww.globalhealingexchange.org

ishtar@ascendedmasterchannel.com

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Become a Master Co-Creator}

Avian Flu is confirmed in Egypt
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Avian Flu is confirmed in Egypt

Saturday, February 18, 2006

Yesterday February 17, 2006, the World Health Organisation officially declared presence of the H5N1 strain of the avian flu virus in Egypt.

“There is avian flu now in Egypt,” Hassan el Bushra, regional adviser for emerging diseases at the eastern Mediterranean regional office of the WHO said. His response was to the reported presence of H5N1 virus in dead birds in three areas in Egypt – namely Cairo, Giza, and Al-Minya.

Today February 18, 2006, a responsible source from Egyptian ministry of health announced reporting of another 25 cases of infected birds in Al-Minya with aftermath of 35 confirmed cases between birds, yet there are no human cases reported.

Egypt has banned the import of live birds and has tightened quarantine controls at airports to keep out bird flu. It has also canceled the annual bird hunting season to minimize contacts between people and migrant birds.In Cairo phone numbers 3912136, 3907147, and the hotline 152 have been assigned for reporting any suspected cases. A newly formed unit formed of veterinarians and preventive medicine specialists in Giza actively studying more than 70 reports of dead birds for exclusion of H5N1.

Egyptian Prime Minister Ahmed Naxif has advised people who breed poultry at their homes to dispose of their birds to prevent the virus from spreading.

“The time has come to get rid of the idea of breeding chickens on the roofs of houses, especially under current circumstances,” he said.

Many Egyptian citizens breed chickens and pigeons on the roof of their residences for their own consumption and as a source of extra income.

Despite avian flu mainly being a disease of poultry, it has also infected 171 people, killing 93 of them, and is steadily mutating. If it acquires the ability to pass easily from person to person it could cause a pandemic that might kill millions.

Restorative Dentistry: Breakthrough Techniques That Have Revolutionized The Dental Industry

byAlma Abell

In today’s world, many people only consider going to a dentist in Boyertown, PA when they are in pain. Modern dentistry however has revolutionized our health care industry, and many procedures are now available to correct damaged, decayed, and even misaligned teeth. Whether you have misaligned teeth that require braces or over grown teeth that require removal, there are now many solutions to help with your dental issues.

Types of Restorative Dental Techniques

The most common restorative dental technique used today is the dental implant. This is used to correct missing, chipped or recently removed teeth to improve their overall cosmetic appearance. The implants themselves are usually made from titanium, which is then inserted bone, creating a solid anchor for the fake tooth to be inserted. In most cases, the patient is allowed to heal before the implant is inserted, to reduce the chances of infection. The new tooth is usually molded to fit the patients specific jaw type, and it is a great way to have a brilliant looking smile. Many dentists use implants to correct overgrown and crooked teeth that may be causing problems for the patient. As the braces would be unsuitable when it comes to correcting a single tooth, an implant would be used to correct the problem, greatly increasing the patient’s quality of life and improving their overall appearance.

Dental Crowns and Bridges

Other commonly used dental techniques are crowns and bridges. Unlike the implant, these techniques are normally used in less severe cases. The tooth is filed down, and a covering is placed over the tooth to give it a natural appearance. This process is normally used when extraction is not required, and the healing time is much shorter when compared to that of an implant. This technique can be used to cover large holes in the tooth that have resulted from trauma, infection, or simply from growing impairments. The fake tooth is made to look natural in comparison to the other teeth, creating a great all round solution to long term dental problems.

John F. Hyatt is a quality dentist in Boyertown, PA. They have a great reputation in the area.

Wikinews interviews John Taylor Bowles, National Socialist Order of America candidate for US President
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Wikinews interviews John Taylor Bowles, National Socialist Order of America candidate for US President

Tuesday, February 19, 2008

While nearly all cover of the 2008 Presidential election has focused on the Democratic and Republican candidates, the race for the White House also includes independents and third party candidates. These parties represent a variety of views that may not be acknowledged by the major party platforms.

As a non-partisan news source, Wikinews has impartially reached out to these candidates, throughout the campaign. The most recent of our interviews is Laurens, South Carolina‘s John Taylor Bowles. Mr. Bowles is running with the endorsement of the National Socialist Order of America, a Minnesota-based Neo-Nazi party created after a recent rift in the National Socialist Movement.

Banned film ‘The Profit’ appears on Web
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Banned film ‘The Profit’ appears on Web

Sunday, March 23, 2008

Copies of The Profit, a 2001 film blocked from distribution in the United States due to a court injunction won by the Church of Scientology, appeared on the Internet Friday on peer-to-peer file-sharing websites and on the video sharing site YouTube.

Directed by former film executive Peter N. Alexander, the movie has been characterized by critics as a parody of Scientology and of its founder L. Ron Hubbard. Alexander was a Scientologist for twenty years, and left the organization in 1997. The film was funded by Bob Minton, a former critic of Scientology who later signed an agreement with the Church of Scientology and has attempted to stop distribution of the film. Alexander has stated that the movie is based on his research into cults, and when asked by the St. Petersburg Times about parallels to Scientology and L. Ron Hubbard said: “I’ll let you draw that conclusion … I say it’s entirely fictional.”

The film was released in August 2001, and was shown at a movie theatre in Clearwater, Florida and at a premiere at the Cannes Film Festival in France. A Scientology spokesman gave a statement at the time saying “the movie is fiction and has nothing to do with Scientology”. The Church of Scientology later took legal action in an attempt to stop further distribution of the film. The Church of Scientology claimed that the film was intended to influence the jury pool in the wrongful death case of Scientologist Lisa McPherson, who died under Scientology care in Clearwater, Florida.

In April 2002, a Pinellas County, Florida judge issued a court order enjoining The Profit from worldwide distribution for an indefinite period. According to the original court injunction received by Wikinews, the movie was originally banned because the court found that it could be seen as a parody of Scientology. In his April 20, 2002 ruling on the injunction, Judge Robert E. Beach of the Sixth Judicial Circuit Court in Pinellas County, Florida wrote: “…an average person viewing the film entitled The Profit could perceive that it is a parody of the Church of Scientology”.

“To the extent that any person considered as a potential juror in evaluating any issues involving the Church of Scientology, the process of voir dire provides a fair and complete remedy to eliminate any potential juror that may possibly have been influenced to be less than fair and impartial,” added Beach.

Luke Lirot, the attorney for the film’s production company, announced on the film’s website on April 7, 2007 that “We have absolutely no exposure for any repercussions from the court order,” but that the film was still blocked from distribution due to an ongoing legal battle. Lirot wrote: “all that’s stopping the release of the movie is the legal battle with the partner who was compromised by Scientology (Robert Minton) and is currently using his power as partner to stop the release of the film.”

In an October 2007 article, The Times described the film as “banned in the US because of a lawsuit taken out against it by The Church of Scientology,” and Russ Kick’s The Disinformation Book of Lists included the film in his “List of 16 Movies Banned in the U.S.”. An 8-minute teaser segment from The Profit appeared on the film’s website and on the video sharing site YouTube in February 2008, and an attorney representing Bob Minton sent a letter to Luke Lirot requesting that the film clip be taken down. In a response letter, Lirot wrote that “Rather than damage any asset of the LLC, the short clip merely keeps the film in the public eye, and in a positive way.”

On Friday, copies of the film began to circulate on peer-to-peer file-sharing websites and on YouTube. A link related to the film’s appearance on the Internet on the community-based link aggregator website Digg.com had 3,638 “Diggs” – and hit the front page of the site’s Entertainment section on Saturday.

I had nothing to do with this release at all. But I’m happy it’s out there.

On Saturday, Scientology critic and Emmy award-winning journalist Mark Bunker put a streaming version of the film on his website, www.xenutv.com, and encouraged others to watch and discuss the film on a real-time chat channel. In a video posting to YouTube Saturday, Bunker said “I did not do it. I had nothing to do with it … I had nothing to do with this release at all. But I’m happy it’s out there … people are finally having a chance to see it. A lot of people have been curious over the years and there’s been a lot of interest in seeing the film, so finally you can.”

We have all wanted to see this movie that scientology kept hidden away from us. We have all wondered just how damning could this story be that we were banned from watching it.

On the newsgroup alt.religion.scientology, a poster by the username “Alexia Death” commented on the film’s appearance on the Internet in the context of censorship: “It is out! And so it is a WIN if many people review it even if they say it SUCKS! … Being bad is no cause to allow censorship … And being censored is no cause to assume its good”. A post to the blog Blogsreel commented: “We have all wanted to see this movie that scientology kept hidden away from us. We have all wondered just how damning could this story be that we were banned from watching it.”

In a post on Sunday to the message board attached to the official website for the film, attorney Luke Lirot asked that individuals stop distributing copies of The Profit over the Internet. Lirot wrote: “It has been brought to my attention that several unauthorized transmissions and downloads of this protected work have taken place over the last 72 hours. Such actions are copyright violations and are unlawful. I request that any further distribution and/or dissemination of this important work cease immediately and any copies of the work that have been downloaded please be deleted.” In his statement, Lirot recognized the rights of individuals under the First Amendment to the United States Constitution, but also said that unauthorized distribution of the film “will only serve to harm the goal of vast distribution”.

Blog postings have attributed the film’s appearance on the Internet as part of the anti-Scientology movement Project Chanology organized by the Internet-based group Anonymous, but this has not been confirmed. Wikinews previously reported on international protests against Scientology which took place as part of Project Chanology on February 10 and March 15. A third international protest by Anonymous is scheduled for April 12. Titled “Operation Reconnect”, the third international protest will focus on highlighting Scientology’s practice of disconnection.

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