Persisting fears about sovereign and related debt from Greece to Dubai will keep investors occupied into 2010 after they enjoyed one of the best years for world stocks in the past two decades.
Tax debt at heart of Rainbow United’s bankruptcy (The Wichita Eagle)
Rainbows United failed to pay more than $2.3 million in federal withholding taxes over the past two years, and the resulting debt appears to be at the heart of the Chapter 11 bankruptcy the nonprofit filed late Thursday.
Economic Report: Consumer debt plunges by $15.7 billion in April (Market Watch)
U.S. consumers pay down more debt than they took on in April for the seventh time in the past nine months, the Federal Reserve reports.
U.S. Consumer Debt Falls By $15.7 Billion (Fox News)
U.S. Consumer Debt Falls By $15.7 Billion
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