The case for reining in the perks of corporate bankruptcy

Melissa Jacoby's new book argues that Chapter 11 has become a catch-all for corporations to get out of troubles beyond their debts.
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How the war in Ukraine is affecting debt troubles for developing countries

Apr 25, 2022
Developing nations see worsening debt challenges due to the war in Ukraine.
Above, a fruit vendor waits for customers in Colombo, Sri Lanka. Higher import prices for foods are putting pressure on the currencies of developing countries, including Sri Lanka.
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The tragic return of debtors' prison

Apr 18, 2012
Far too many poor people are living in the modern-day equivalent of debtors' prison without a chance of a fresh start. It's wrong -- a terrible state of affairs.