Now forced its closure. Every asset the chairs, the filing cabinets, even the ink, will now be auctioned off so that creditors can be paid. Its a painful process for the former owner and his business partner. We walked out of there and locked the door for what for me was going to be the final time. And i gave her a hug and she sobbed, it was really deep, heartfelt sobbing. It was hideous. This has been everything to you. It has been everything to me. It was only three months ago but it was our life. We put everything into it. The pride that i felt suddenly turned to quite the opposite. To . Embarrassment. The embarrassment that everything i had worked for had been a failure. I had let everybody down, let my staff down, let my suppliers down, let my clients down. How much do you owe . Between me and my partner about £140,000, Something Like that. So, it is not millions, but it may as well be. In england and wales. For most people, bankruptcy is a shameful and a devastating process. The
Days later driving this luxurious bentley. This sports promoter declared himself bankrupt owing ten million. We found him and his wife still driving a line of luxury cars and living it up in perthshire. And this banned company director, once one of the biggest donors to the conservative party, and a £41 million bankrupt. Here he is running multi Million Pound housing developments. Tonight on panorama, we expose the millionaire bankrupts playing the system. When a business goes bankrupt, its usually a shattering experience. This was once a thriving Family Business in staffordshire employing more than a0 people. A printing company, the modern digital age has now forced its closure. Every asset the chairs, the filing cabinets, even the ink, will now be auctioned off so that creditors can be paid. Its a painful process for the former owner and his business partner. We walked out of there and locked the door for what for me was going to be the final time. And i gave her a hug and she sobbe
Iraqi soldiers gearing up in an effort to retake the city captured by i. S. I. L. Iraqi and sunni fighters could Work Together to make it happen facing the media. After a month of sidestepping reporters, Hillary Clinton answers questions on everything from money to emails. Good evening, im antonio mora this is al jazeera america. We begin with the biggest product recalls. 30 million cars and trucks could contain takata air backs. Bags. Florida resident was blinded in one eye, when his air bag exploded sending a shard of medal. Sending it into his face. It sounded like a shotgun. My rite side went black. Pitchblack. Reporter stories like these, and public pressure convinced auto makers to recall the airbag. Manufacturer takata resisted. Up until now takata refused to acknowledge the air bags from defective. Today i announced takata agreed that air bag inflators are defective. This is a good day for consumers. This is one of those instances where theres no Silver Bullet cure. We can be a
Area roads. And governor jerry brown plans to send a clear message to the thousands of people behind bars in california, its all ahead on the ktvu channel 2 morning news. Good morning. Thank you for joining us this tuesday morning, january 8th. Steve just took us back to the 60s. Well some of us. I dont remember. Very sharp today mr. Clark. That is very stylist. Mr. Blackwell would approve. 30s and 40s but ones we get through the fog sunnyside up and warmer and 50s and 60s on the high, here is sal. Well, if you are going to San Francisco and if you are using any of the bridges, it looks good. Also on westbound bridge, coming down to the golden gate bridge, that traffic is nice, lets go back to the desk. We are starting with new details on the San Francisco bay, this morning the coast guard will be meeting with the oil tanker which sideswiped the bay bridge. He has this new information about the bar pilot and about that accident, good morning. They have learned the bar pilot in yesterda
Open and not closed throughout the entire time. Reporter you can see this is video of another ship passing through under the bay bridge. At no time was traffic effected. At 6 00 p. M. We will bring you the latest in this developing story. I will have more at 6 00 p. M. Paul chambers, ktvu channel 2 news. Here is another view, a upclose picture of the damage done by the ship. You can see a part of the barrier stuck to the tanker that hit the bridge. What else do we know about the ship involved . Consumer editor tom vacar continues our coverage with what he learned. Tom . Reporter zoom into the back of the ship where the control tower is and where the smoke stacks is, that is where the damage took place. We are lucky because the ship not being loaded it would have done more damage to itself and to the bridge. This is a tanker, flagged in the Pacific Marshall islands. Reporter a Bulk Petroleum tanker that carried crude oil to the refinery and empty. That accounts for why the tanker was ri