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...fourth-floor courtroom of the U.S. Bankruptcy Court of the Southern District of California, which serves San Diego and Imperial counties (pop. 3.4 million), Chief Judge Peter W. Bowie's docket is overflowing. Bowie has 77 Chapter 13 bankruptcies on his Tuesday calendar, one of which is the case of Juan Flores...

Author: /time Magazine | Title: Personal Bankruptcies Hit a High and May Keep Rising | 4/5/2010 | See Source »

...Democratic Illinois Senator Dick Durbin and others in Congress to pass legislation last spring that would have allowed for mortgage modifications. But since then, it has become clear that without loan modification, many borrowers have no recourse but to accept foreclosure and walk away, says Porter. "I think one reason the economic recovery is slow is that it is taking so long to work through these delinquencies," she says...

Author: /time Magazine | Title: Personal Bankruptcies Hit a High and May Keep Rising | 4/5/2010 | See Source »

...what his detractors say, Bernie Ecclestone has managed to build and retain a truly world-encompassing empire since the 1970s. It's worth noting that, in the same time frame, Italy, among other countries, has formed dozens of ineffectual governments. With so many vultures attempting to take over Formula One's billion-dollar circus, it's not surprising he's circumspect and wary about lowering his defenses. Martin Toohey Sydney...

Author: /time Magazine | Title: Inbox | 4/5/2010 | See Source »

...Your article brought back many memories. An especially personal one was the sniper ambush of the 3rd Marine Division on Guam. A Veterans Affairs grave marker for one of those 3rd Division Marines rests in my husband's hometown cemetery. His brother was a victim of those snipers. I look forward to seeing The Pacific. Thank you, Tom Hanks, for sharing the emotional experiences of my generation with today's generation. LaVerne Wolf Lisle...

Author: /time Magazine | Title: Inbox | 4/5/2010 | See Source »

...town guest turns to a Thai man and asks about the red-shirted protesters calling for the government's downfall. "Who supports the red shirts?" asks the foreigner, trying to understand the years-long standoff between the red shirts and the pro-government yellow shirts. "No one," replies the Thai, dismissively, sniffing a fine Bordeaux. Then, as an afterthought, he adds, "Well, except for the poor...

Author: /time Magazine | Title: Thailand: Why the Reds Are in Revolt | 4/5/2010 | See Source »

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