Question:

Why are american business filing for chapter 11 bankruptcy so much?

by  |  earlier

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I thought policies in place were supposed to boom our economy????

http://news.yahoo.com/s/nm/20080815/bs_nm/mrsfields_bankruptcy_dc

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6 ANSWERS


  1. Because the dollar is VERY weak and the economy is sagging in many sectors.


  2. Because there is a tax advantage in doing so.

  3. The quick devaluation of the dollar caused by a lack of action in the congress to do something when energy prices spiked.

  4. Planned destruction of the US economy which will be a global economic collapse.

  5. ECONOMY

  6. because they loaded up on debt to take the interest deductions.  Now the economy is slowing  

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