It is now harder to file for bankruptcy due to the new law changes. Individuals now have to make certain that all requirements are met before attempting to declare bankruptcy. Any error, no matter how small, can increase their chances of being fined or jailed for attempting fraud.
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Japan stocks tumble after unexpected Fed move
Japanese stocks tumbled Friday as investors nervously digested the Federal Reserve’s decision to raise interest rates for emergency bank loans.
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Lazard Posts Unexpected Loss on Compensation Costs (Update1)
Lazard Ltd., the biggest non-bank merger adviser, reported an unexpected loss on higher compensation costs in the first earnings report since Chief Executive Officer Kenneth Jacobs took over. The shares fell 2.7 percent.
Read more on BusinessWeek
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Lazard Posts Unexpected Loss on Compensation Costs (Update2)
Feb. 3 (Bloomberg) — Lazard Ltd. , the biggest non-bank merger adviser, reported an unexpected loss on higher compensation costs in the first earnings report since Chief Executive Officer Kenneth Jacobs took over.
Read more on Bloomberg
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