Some major companies and corporations such as MF Global and AMR, the parent company of American Airlines, have filed for bankruptcy.
In the process, they may have, directly or not, caused some people to go bankrupt.
Recently, Parijat Saha of Balurghat, India visited an ATM and found that someone had parked a few extra bucks in his bank account– $9.8 billion to be exact.
Retailers reported robust numbers on Black Friday last year, which surprised some analysts because the economy is still struggling and unemployment is high. But new data from the Federal Reserve shows where much of that money came from: credit cards.