In hindsight, Chapman says the advisor was the king of bullshit. According to the National Personal Insolvency Index, Navra had been bankrupt for nine months from September 2001 before the bankruptcy was annulled after his debts were settled. By May 2009, Great Southern had collapsed, leaving Chapman – and thousands of others – with almost…
NEW DELHI: Devendra Jain was abducted one muggy Mumbai afternoon last September, whisked away in a car by angry investors of an insolvent firm he was tasked with reviving. The chartered accountant says he stood outside the firms midtown office that day, by a bustling main street. Suddenly a group of investors walked up, demanding…
Americans owe $US1.5 trillion in student loan debt, and the problem isnt going away as tuition rates climb and the demand for college degrees remains high. James Altucher, a tech investor and self-help guru, says young people should consider letting wealthy individuals or organisations invest in their future for a percentage of their future earnings.…
Achaogen, headquartered in South San Francisco, announced that as part of its strategic update and corporate restructuring, it will eliminate 80 positions, or about 28 percent of staff. Achaogen focuses on drugs to treat multi-drug resistant (MDR) gram-negative infections. On July 20, the company announced that Zemdri, which was approved in the U.S. for adults…
A Braddon candidate declared bankrupt a decade ago says he won’t pull out from this weekend’s by-election even though he’s likely to be ineligible to sit in parliament. Australian People’s Party candidate Bruno Strangio was declared bankrupt in 2008 – undischarged bankrupts are ineligible to sit in parliament. Bruno Strangio, He was one of 13…