Diesel bankruptcy: Jeans company known for pricey denim goes bankrupt – CBS News

Denim clothing maker Diesel USA declared bankruptcy, citing mounting financial losses and bad investments The company says store thefts and fake invoices are also hurting its performance Diesel plans to eventually exit bankruptcy and even open additional stores Diesel, a maker of denim clothing known for five-pocket jeans, filed for Chapter 11 bankruptcy protection, citing…

March 6th Fixing global debt – Finfeed

Credit Intelligence (ASX:CI1) CEO Jimmie Wong speaks to The Capital Networks Executive Director Lelde Smits about why global debt is increasing and how personal bankruptcy is becoming a bigger threat. Mr Wong holds a Bachelor of Laws degree from the University of Hong Kong and has over 20 years experience as a leading insolvency lawyer…