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On the boot heels of a Lucrative Investing article about the top 25 areas in America to succeed in business, an article must supplement that and provide the best places in America to go broke due to the high cost of living and failing economy. …

No wonder no one wants to tell us where the bailout money is going or how much. One of the companies who benefited from it, Merrill Lynch and its CEO Peter Kraus. Yes, Peter Kraus benefited from your hard earned money.
How? Well, he was CEO …

Banks are still failing, investors are losing thousands (if not more), families are still losing their homes. So how was the bailout supposed to help?
We, as United States taxpayers, have funded companies with $700 billion. It is OUR loan to THEM. However, the economy is …

Citigroup’s stock fell today more than 20% to $6.40 a share. This is the lowest stock price that the group has seen since 1995.
I guess this means that investors don’t believe the cost-cutting measures Citi has announced in the last couple of months won’t work…or …

Citigroup announced today that it will cut around 53,000 employees. It is attempting to reduce its budget by almost 20% in 2009.
Citigroup has already announced it was cutting 22,000 jobs; that announcement was made in October.
All of this news comes after Citi has …