http://www.reuters.com/article/email/idUSTRE5815X020090902
NEW YORK (Reuters) - Bankruptcy filings by U.S. consumers rose 24 percent in August compared with a year earlier and could reach 1.4 million this year, according to an American Bankruptcy Institute and National Bankruptcy Research Center report released on Wednesday.
Despite the spike, consumer bankruptcy filings last month were down 5 percent from July.
The August bankruptcies brought the 2009 number to 922,000.
In 2008, a total of 1.1 million consumers filed for bankruptcy, according to ABI.
They saved the ultra-rich elite bankers and CEOs from a recession, but not America.
They tell you that things would be worse if we didn't save them...that is obviously a crock of shit.
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