#bankruptcy
Tories’ council fund is cynical pre-election sticking plaster
Angela Rayner has accused the Conservatives of cynically applying a “sticking plaster” to council finances to get through the next election, as local authority leaders warn that more will go bust next year.
The shadow communities secretary said Labour was “under no illusions” about the financial mess it would inherit in local councils if it gained power, after the Tories “took a sledgehammer” to budgets for more than a decade.
The prime minister, Rishi Sunak, was _forced to bail out councils in England last week with a £600m funding pot to prevent a rebellion _of Tory MPs who fear losing their seats. But figures shared by the Institute for Government show it would take more than £7bn in extra cash to get local government funding up to the same levels as 2010.
Analysis by the Guardian of 13 years of council spending data lays bare the scale of cuts to services.
#ToxicTories #ToryScum #UK #cuts #TacticalVoting #bankruptcy #councils
The dark world of illegal loan apps in India
Borrowers are harassed by reps of lending apps who abuse, threaten and blackmail them by accessing their contacts, pics.#Economy #Features #Bankruptcy #Banks #BusinessandEconomy #Cybercrime #Asia #India
The dark world of illegal loan apps in India
Good
You know, y'all might be better at managing your finances if you stopped denying reality.
I know, I know: Math, like the rest of reality, is just so hard :-(
You want reality to conform to your wishes, and you think Trump can make that happen for you. (Aren't you precious: In your forties, fifties, and above, but still with the intellect of a human two-year-old.)
But Trump can't bend reality, and even if he could, he wouldn't bend it for you, but for himself.
Suck it, morons. You brought this on yourselves.
'It will be a slaughter': Michigan GOPer panics as state party is on 'brink of bankruptcy'
#Woking #council declares #bankruptcy with £1.2bn deficit | Local politics | The Guardian
But the #Tories are the party of fiscal responsibility. [sarc.]
Deutsch oben Englisch unten - German at top English below:
Is halt nix worauf mensch stolz sein könnte .. aber immerhin etwas worüber ich froh sein kann.
Meine nun über 6 jahre laufende privatinsolvenz endet demnächst. Nun bleibt noch ein weiteres jahr in dem ich die gerichtskosten noch abbezahlen müsste, wenn mir das möglich wäre.. Das ist leider immernoch nicht der fall. Wie auch, in rente mit sozialhilfe.
Aber immerhin. ein weiteres stressthema das ein ende findet... yay...
Meh ;)
-----
Nothing to be proud of.. but at least something I can be happy about.
My private bankruptcy (german legal thing), which has been going on for over 6 years, will end soon. Now there is still another year in which I would have to pay off the court costs if I could.. Unfortunately, this is still not the case. Living from retirement thingy and social security.
But at least. another stress topic that comes to an end... yay...
meh ;)
#retirement #rente #social #security #sozialhilfe #insolvenz #bankruptcy #RandomShit #Meh.... ;)
In a very weird turn of events, a member of the wealthy elite is actually being held financially responsible for his actions (for now)
Judge strips Alex Jones of bankruptcy protections for $1.5 billion Sandy Hook debt
FTA: Houston Judge Christopher M. López reportedly ended a stay preventing Sandy Hook families from collecting a $1.5 billion judgment against conspiracy theorist Alex Jones.
[The only catch is that Jones will undoubtedly be allowed to appeal ad infinitum.]
#FTX #Bankruptcy Will Seem Like NOTHING | This is 10X Bigger!
FTX used clients money to take risky bets. Those bets lost as the market fell further.
Many companies saw their assets grow as clients saw crypto gaining. Once the trend changed companies problems started showing up.
#TETHER is the third largest #coin. It is a stable coin that aims to have parity with the USD. However, it has never been audited. Audit is every 5 years. It’s audit was meant to be carried out last August. This is suspicious having this hesitancy.
Again, if it turns out that its not fully backed then the we have another FTX X ten. This is very #dangerous for the whole #financial #industry.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/VZRXPNVD5BNPBPWPSB2RNVOEXA.jpg)
InfoWars files for bankruptcy in the face of lawsuits over Sandy Hook shooting denial
The media outlet InfoWars filed for bankruptcy in Texas on Sunday in the face of mounting legal pressure over comments made by founder and host, conspiracy theorist Alex Jones.
Jones, who's repeatedly called the 2012 shooting at Sandy Hook Elementary School in Connecticut a hoax, has been sued several times by the victims' family members and others for defamation and emotional distress. Twenty children and six educators were killed in the attack.
His comments and similar ones made by other InfoWars employees are the primary cause of the "financial distress" now facing InfoWars and its related holding companies, according to the chapter 11 bankruptcy filing in U.S. Bankruptcy Court in the Southern District of Texas.
InfoWars, which described itself in court records as a "conspiracy-oriented website and media company," said it had $50,000 or less in assets and between $1 million and $10 million in liabilities.
Jones, InfoWars and related holding companies have so far spent $10 million on legal fees and costs, the filing said. ...
The latest attempt by Jones to evade justice for his decade-long defamation campaign against victims of the Sandy Hook shootings. Previously, Jones had failed multiple times to appear at deposition hearings, finally facing tens of thousands of dollars in fines.
His creditors, and legal team, should be co-defendents in the bankruptcy hearings.
And the courts should deny hearings on the matter for a decade or so.
#SandyHook #Infowars #LegalEvasion #Bankruptcy #AlexJones #Disinformation #Defamation
● NEWS ● #CommonDreams #imperialism #bankruptcy ☞ Since 9/11, US Has Spent $21 Trillion on #Militarism at Home and Abroad https://www.commondreams.org/news/2021/09/01/911-us-has-spent-21-trillion-militarism-home-and-abroad
#Sony #Music writes off artists' decades-old #debts
source: https://www.bbc.com/news/entertainment-arts-57445303
That's how an act like #TLC, who were signed to Sony subsidiary #LaFace Records, ended up declaring #bankruptcy in the 1990s.
The R&B stars declared debts of $3.5m, despite having one of the decade's best selling albums, #CrazySexyCool.
#capitalism #profit #album #fail #wtf #banksters #crime #news
