Since last fall, Neumann Homes, ATA and Sharper Image have all gone bankrupt, leaving some consumers on the hook. Last week that was brought home starkly to travelers who showed up at Midway, and discovered they were holding worthless tickets for ATA flights.
Bankrupt companies often owe millions to banks, investors and even the government. So how can consumers get their money back if they have to compete with big players like that? We're putting that question to Eight Forty-Eight's business contributor, David Greising.
Music Button: Moby, "Mothers of the Night" from the CD Last Night, (Mute records)