bankruptcy

People

Annie Leibovitz’s Financial Doomsday Clock Hitting Midnight

4:10PM Andrew Belonsky | Poor Annie Leibovitz can’t catch a break! An Italian photographer’s suing Leibovitz for allegedly stealing his work and passing it off as her own. Of course, that’s hardly the worst thing on her plate right now. More »
People

Why Didn’t Annie Sell Her Fancy Houses?

6:58AM Pareene | Annie Leibovitz should probably just file for bankruptcy before her $US24 million loan to Art Capital comes due. But could she have repaid the loan already, if she’d just sold her damn houses? Bloomberg thinks so! More »
People

What Comes Next For Annie Leibovitz?

2:04AM John Cook | As information continues to drip out about Annie Leibovitz’s disastrous financial situation, her own personal D-Day is fast approaching. What happens on September 8, when her $US24 million pawnshop loan comes due? More »
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Reader’s Digest (America’s Best Magazine) Going Bankrupt

3:58AM Hamilton Nolan | Reader’s Digest announced today that it’s planning to file for bankruptcy and give its lenders control of the company. Being America’s best magazine is worthless these days.
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Did Times’ Scribe Embellish Facts Of Book/Article?

6:21PM the cajun boy | In last Sunday’s New York Times Magazine, Times economics reporter Edmund Andrews wrote a piece about how irresponsible lenders had essentially ruined his family’s life titled, “My Personal Credit Crisis.” Megan McArdle of the Atlantic then went digging around and found some major discrepancies in Andrews’ story. More »