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CSPAN2 U December 6, 2010

CSPAN2 U December 6, 2010
archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.

CSPAN Capital News Today September 14, 2010

but that s not illegal. with credit card bills mounting, they sought the help from a bankruptcy attorney that the house managers referred to you earlier, mr. lightfoot. embarrassed about their deteriorating financial situation, they asked mr. lightfoot to help them quote work out restructure their debts. this was an effort to avoid bankruptcy. they worked through the summer and fall of 2000, and the winter of 2001 to avoid the bankruptcy. and then they concluded that they would have to declare bankruptcy, as mr. lightfoot tried to work with the creditors. so figure 2001, it became clear that they had to file for bankruptcy. and like many of us, in that case, and certainly most of the people in bankruptcy, the porteous were shown to be horrible recordkeepers. and obvious a bad money managers. that s a fairly common trait, by the way, when people declare bankruptcy. they tend to have problems with records in money management. during these discussions, mr. lightfoot proposed the

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