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The Two-Way
'Reader's Digest' Parent Company Files For Bankruptcy Protection
February 18, 2013 The venerable magazine's parent company has filed for bankruptcy protection for the second time in less than four years. RDA Holding says it plans to emerge from Chapter 11 in less than six months. The magazine will continue to be published during the period.
The Two-Way
No More Twinkies? Hostess Brands Is Shutting Down
November 16, 2012 Already in bankruptcy protection, the company has also been dealing with a nationwide strike. It says it can't go on. So 18,500 jobs are being eliminated. And some iconic taste treats may soon be scarce.
Planet Money
The Bankrupt Rapper Who Bought His Own Stuff At An IRS Auction
August 1, 2012 And he live-tweeted it. "Bought this back, just to give it away!"
Planet Money
Judge Says Pension Fund Can't Seek Bankruptcy Protection
June 5, 2012 A bankruptcy judge has ruled that the pension fund of a small U.S. territory is a "governmental unit" and therefore not eligible to file Chapter 11 bankruptcy.
Planet Money
Bankrupt In Paradise
May 24, 2012 The public pension fund of a U.S. territory in the Pacific Ocean recently filed for bankruptcy. If the case is allowed to proceed, it could have major implications for retirees all across the U.S.
Planet Money
Will Taxpayers Be On The Hook For American Airlines' Pensions?
February 2, 2012 The bankrupt airline wants a federal agency to assume responsibility for its pension promises.
The Two-Way
American Airlines Plans To Cut 12,000 To 14,000 Jobs
February 1, 2012 The company, now in bankruptcy protection, would eliminate as many as 16 percent of its jobs. "But we will also preserve tens of thousands of jobs that would have been lost if we had not embarked on this path," CEO Tom Horton says.
The Two-Way
Hostess, Maker Of Twinkies, Files For Chapter 11
January 11, 2012 Twinkies maker Hostess Brands Inc., is again seeking protection from its creditors, blaming high debt and rising costs of labor and raw materials. Sales of Twinkies are down, despite its prime product placement in the 2009 film Zombieland.
The Two-Way
Evergreen Solar Panel Maker Files For Chapter 11
August 16, 2011 Evergreen Solar is filing for Chapter 11 bankruptcy relief, seven months after it fired 800 employees. But the company will face a fight with the state of Massachusetts, which in 2008 awarded more than $30 million in grants and incentives.
The Two-Way
Potential BP Bankruptcy Looks Likelier To Some
June 10, 2010 Credit default swaps are signaling that BP is increasingly viewed as a company whose financial future looks a lot dicier than it did even just a few weeks ago.




