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Business Bankruptcies Rose 43% in 2007
deb2012
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4-23-2008 4:47 PM
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stock market
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/1e98896f-887f-41b4-88d1-4a32d1c4a49b/B4284335-1F74-423C-BE78-9948B0532192/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://blogs.wsj.com/economics/2008/04/23/business-bankruptcies-rose-43-in-2007/?mod=WSJBlog" href="http://blogs.wsj.com/economics/2008/04/23/business-bankruptcies-rose-43-in-2007/?mod=WSJBlog" style="font-size: 11px;">blogs.wsj.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/economics/2008/04/23/business-bankruptcies-rose-43-in-2007/?mod=WSJBlog"><P><IMG height="48" alt="out of business" hspace="0" src="http://s.wsj.net/media/it_quit.gif" width="44" align="left" vspace="0" />The final figures recently released by the U.S. bankruptcy courts show that 28,322 businesses sought bankruptcy protection in 2007, a 43% increase compared to a total of 19,695 in 2006, according to research from insurer<STRONG> Euler Hermes</STRONG>. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/economics/2008/04/23/business-bankruptcies-rose-43-in-2007/?mod=WSJBlog"><P>how does the stock market not go down when the monoline insurers are in trouble, businesses are going bankrupt, the consumer is out of cash and credit, the value or houses is dropping 20-30% and inflation is eating our lunch. It doesn’t make rational sense!</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/economics/2008/04/23/business-bankruptcies-rose-43-in-2007/?mod=WSJBlog"><P>rfl, The stock market is not going down because the market is flooded with the fed supplied cheap money.This will not only inflate the stock prices , but also inflate the prices of essential commodities.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/B4284335-1F74-423C-BE78-9948B0532192/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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