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It has been teetering on the edge for a few months now, but yesterday CIT made it official when it filed for bankruptcy protection. The decision to file for bankruptcy was approved by the creditors of the company along with the board of directors. At …

In Great Britain, PriceWaterhouseCoopers has said that more and more people are declaring bankruptcy at an increasing rate, however the number of people who are declaring bankruptcy isn’t increasing at the rate that was expected.
In February 2009, 67,428 people declared bankruptcy and another almost 40,000 …

Target will be starting mobile phone sales inside its stores. While most retail stores such as Target and Walmart and even Best Buy offer mobile phone sales, the way that Target is going to be selling mobile phones will be a bit different than others …

Friday market the largest amount of United States government take overs in one single day since the beginning of the financial crisis and the almost complete collapse of the financial sector of the United States.
The nine banks (which brings the total to 115 for the …