bankruptcy Archives - Liberal Resistance

Posts Tagged ‘bankruptcy’

Gymboree, The Horror Story

Want to see late capitalism in the raw? Check out “She Lied to My Face”: Inside the Hectic Last Days of Gymboree’s Retail Bankruptcy by David Dayen in The Intercept. The article looks at the truly horrible decline and fall of Gymboree, a retailer of children’s clothing. The company declared bankruptcy in 2017. The kicker?…

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Bankrupting the Aged…to protect the rich

There was a powerful article recently on the New York Times website, ‘Too Little Too Late’: Bankruptcy Booms Among Older Americans, by Tara Siegel Bernard. It seems that more and more, aging Americans are facing bankruptcy. The reason? The rich long ago shredded the social safety net that was supposed to care for senior citizens…

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