Financial Cookie Jar

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Archive for October, 2010

Blockbuster Files for Chapter 11 Bankruptcy

Thursday, October 21st, 2010

In the end of September, movie rental mega-chain Blockbuster filed for Chapter 11 bankruptcy. This news came with mixed reactions, as the chain has been extremely successful over the past 25 years since the first one opened in Dallas. However, online movie and tv viewing sites such as Netflix have been rapidly chipping away at [...]

Wealth and it’s Discontents

Thursday, October 21st, 2010

We all want to become wealthy in some form or another. For some that simply means financial independence. For others it means security. The more noticeable aspect of wealth however, the facet typically depicted in media, is the glamorous lifestyle of luxury and fine foods lived by societies “select few”. These “things” that can only [...]

Bank of America Resumes Foreclosures in 23 States

Monday, October 18th, 2010

Bank of America has announced today that it plans to resume foreclosures in twenty three states next week. They say that they will refile paperwork for 102,000 cases. This process will begin immediately. In the twenty seven states which do not require a judge’s approval, the process to delay the 30,000 already on the plate [...]