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Showing 2 articles from October 1, 2008.

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Famous Financial Failures
We Americans have come to believe that "we are our credit score". People with good scores = good people. People with bad credit scores = bad, well, maybe not "bad", but somehow deficient.   

Bad credit scores = bad people?  See if you can identify these "deadbeats". 
 
QUESTION 1: This 19th century writer made lots of money. But bad investments broke him financially. He had to file bankruptcy. He later paid off all his debts even though not legally obligated to do so.

QUESTION 2: Although he was born into one of the wealthiest families in the United States, he was deeply in debt when he died. Only his public stature kept creditors from foreclosing on his home and turning him out.

QUESTION 3: He was a media mogul who invented many of the most beloved cartoon characters. He filed for bankruptcy when he couldn’t pay his employees and his rent.

QUESTION 4 :This automobile inventor  had two businesses fail and put him in bankruptcy. His company may be in the same fix he found himself in.

QUESTION 5: This talk show host has filed for bankruptcy not once, but twice!
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Scandal at LRC? What a difference a year makes!
Scandal at LRC? What a difference a year makes!
Wow.  Did everyone else forget this like we did? Bobby Sherman, he of the 47% pay increase, was accused of creating a hostile work environment at his agency a year ago. Guess who declined to investigate?  Hint: It ain't the guy in the picture.
 
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