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Craig Thompson update 21 Sep 2011 | 09:05 am
Craig Thompson has drawn the ire of powerful labour and union members after it was revealed that he lodge a development application just days before being bailed out by NSW Labour. NSW Labour gave the...
Labour Members prevented from going bankrupt 18 Aug 2011 | 09:15 am
Labour member Craig Thomson has been bailed out by NSW labour in order to prevent his inevitable bankruptcy. Bankrupts are excluded from sitting in parliment and a by-election in Craig Thomson’s seat...
Financial Preconseptions 12 Aug 2011 | 01:55 pm
It occurs to be that many people have financial preconceptions. I posted previously about private education and whether or not it’s a good investment (my feeling was that it wasn’t). I wonder though ...
Britain facing bankruptcy under weight of pensions 4 Aug 2011 | 09:30 am
The Office of Budget Responsibility (an independant body set up by the coalition governement) has stated that by 2058 Britain will either have to implement large spending cuts or massive tax rises as...
Pimp my bankruptcy! 1 Aug 2011 | 02:08 pm
Rapper Xzibit is $21,000 behind on his mortgage and owes $500,000 in unpaid taxes. The rapper is probablyl most famous in Australia for his car modification tv show “Pimp my Ride”. Xzibit’s “Pimp my...
Private Schools making parents literally bankrupt is it worth it? 28 Jul 2011 | 01:49 pm
Private girls schools are chasing parents for thousands in unpaid school fees. Methodist Ladies college has bankrupted one parent that owed $6500 in fees. In the past to years Methodist Ladies College...
Ricky Nixon morally bankrupt now probably actually bankrupt. 21 Jul 2011 | 07:31 am
Ricky Nixon the former AFL player manager stripped of his license over an affair with an underage girl has defaulted on a $250,000 payment to his ex business partner. In court yesterday Mr Nixon’s le...
Wilfred actor actually a dog. Should be made bankrupt. 18 Jul 2011 | 08:15 am
The man who plays a dog in the TV show Wilfred claims he’ll have to go bankrupt. He is being pursued over $113,000 in medical bills accrued by a bus driver he seriously assaulted. Jason Gann (Wilfre...
UB40 in bankruptcy proceedings turn to "Red Red Wine" 15 Jul 2011 | 02:19 pm
Ok it was a stretch. I spent hours trying to work on an awesome bankruptcy pun for the title but nothing but all their songs are about love and Kingston town. They’re a reggae band from BIRMINGHAM! Th...
Something about a designer brand going bankrupt delights me. 11 Jul 2011 | 01:05 pm
There is something about a designer brand going bankrupt that just delights the hell out of me. Bettina Liano the Australian “design house” famous for it’s $250 skinny jeans called in the administrato...
