Too often we enjoy the comfort of opinion without the discomfort of thought.John F. Kennedy

Danielle Levy

  • Bankruptcy and the Poor

    In 2005 Congress passed a new bankruptcy law to prevent abuses, it made getting a lawyer necessary. But of course many can’t afford one. Some wait until their tax refunds, so much so there is a spike in bankruptcy filings from March to May. Some file under Chapter 13 which means their debts have to be repaid usually over 5 years.  Chapter 13 requires a lawyer too, and those fees have to be added to the list of debts. Many default and then it all falls through. There are also bankruptcy services which (more…)

  • Private Equities and Toys ‘R’ Us

    How do popular stores like Toys ‘R’ Us end up filing for bankruptcy?  The behind the scene story opens a window on the role of private equity funds in our society. “Thirty-three percent of retail job losses from 2016 through 2017 resulted from private-equity backed store closures…,” according to a report by Inflection Capital Management, an equity fund consulting firm. Due to competition from e-commerce (more…)

  • Fasting and Silicon Valley

    iFasting, Mouth Timer, Grumbli, Foodless Lite, Pizza Prison, Fork Busters. These are the names of companies which are based on a current craze in Silicon Valley: Fasting. Silicon Valley is filled with young, affluent, pampered, intelligent people who, among other things, are always on the lookout of what could improve their comfort, physical, emotional or intellectual—and for many it also includes what (more…)

Subscribe and Be Notified of New Posts

* indicates required

We will never sell or share your information, we promise.