INSOLVENCY International

http://www.lexisnexis.com/community/bankruptcylaw/blogs/bankruptcylawblog/archive/2012/10/17/banks-beware-aiding-and-abetting-claims-in-ponzi-cases-are-still-alive-and-well.aspx 10/17/2012 05:19:00 PM EST Banks Beware: Aiding and Abetting Claims in Ponzi Cases Are Still Alive and Well Posted by Kathy Bazoian Phelps Aiding and abetting claims against banks in Ponzi scheme cases continue to gain traction in the case law. The district court in which a jury awarded a verdict of $67 million… Continue Reading

http://www.guardian.co.uk/business/2012/oct/18/chain-stores-close-business More than 30 chain stores closing a day Extent of high street woe revealed as falling disposable incomes and online shopping take their toll on over-extended retailers Rebecca Smithers, consumer affairs correspondent The Guardian, Thursday 18 October 2012 The UK’s struggling retail chains are closing their shops at a rate of more than 30… Continue Reading

http://www.zerohedge.com/contributed/2012-10-17/fear-impending-economic-collapse-or-just-manipulation Fear of Impending Economic Collapse Or Just Manipulation? Submitted by testosteronepit on 10/17/2012 Two thermometers into the brains of corporate America plunged to depth not seen since the trough of the Great Recession when the US was losing hundreds of thousands of jobs a month. One was based on responses from CEOs of America’s… Continue Reading

http://online.wsj.com/article/SB10000872396390443624204578060573322740436.html?mod=pls_whats_news_us_business_f Paperless Post Moves Into Paper Cards October 17, 2012 By ANGUS LOTEN Alexa and James Hirschfeld, the founders of Paperless Post—and rising stars of New York City’s booming tech start-up scene—are branching into a new realm with their three-year-old online invitation business: paper. The 20-something siblings, who founded their company in 2009, this week… Continue Reading

http://www.usatoday.com/story/news/nation/2012/10/17/cancer-survivors-voice-support-for-livestrong-foundation/1639867/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+usatoday-NewsTopStories+%28News+-+Top+Stories%29 Cancer survivors voice support for Livestrong foundation Liz Szabo, USA TODAY 7:11PM EDT October 17. 2012 – Many cancer survivors continue to express appreciation for the work of cyclist Lance Armstrong and the foundation he created, Livestrong, even as he announced Wednesday that he was stepping down as the group’s chairman. Armstrong said in… Continue Reading

http://www.guardian.co.uk/commentisfree/2012/oct/17/difference-between-sexism-and-misogyny Sexism and misogyny: what’s the difference? An Australian dictionary has changed its definition of misogyny to reflect the fact that it is now used to mean ‘entrenched prejudice against women’, not just hatred of them. Six feminists tell us what the term means to them Naomi Wolf, Julie Bindel, Nina Power, Rahila Gupta, Rhiannon… Continue Reading

http://www.forbes.com/sites/katyasoldak/2012/10/17/barbie-flu-spreading-in-ukraine/ ‘Barbie Flu’ Spreading in Ukraine Katya Soldak, Contributor 10/17/2012 Ukrainian girls from the city of Odessa keep making the news for altering their appearance in dramatic fashion. The story of a girl who turned herself into a real life Barbie doll has spread across the globe and the saga continues. Two more girls, Anime… Continue Reading

http://www.forbes.com/sites/jimgorzelany/2012/10/17/watch-a-porsche-911-get-hauled-out-of-wet-cement/ Watch A Porsche 911 Get Hauled Out Of Wet Cement Jim Gorzelany, Contributor 10/17/2012 Here’s a follow-up of sorts to our original post back in February, where we were able to snap a picture of a beautiful Porsche 911 on the streets of San Fransisco stuck up beyond its door panels in wet cement… Continue Reading

http://www.forbes.com/sites/larahoffmans/2012/10/17/a123-bankruptcy-clooney-and-hubris/ A123 Bankruptcy, Clooney and Hubris Lara Hoffmans, Contributor 10/17/2012 The list of failed firms who received a Department of Energy green-energy subsidy got a bit longer as lithium ion battery maker A123 filed for bankruptcy Tuesday. A bit of backstory: Since its founding in 2001, A123 turned a profit of negative $1 billion. To… Continue Reading

http://www.forbes.com/sites/nyuentrepreneurschallenge/2012/10/17/hope-in-sight-for-visually-impaired/ Hope In Sight For Visually Impaired Anders Melin, Contributor 10/17/2012 In 1921 a British photographer gone blind invented the white cane for his surroundings to recognize his impairment. Other than undergoing a slight lengthening two decades later, the technology has remained unchanged for almost one century. But when John-Ross Rizzo officially enters the NYU Entrepreneurs… Continue Reading