There's nothing quite like America's obsession with celebrities -- unless, of course, you consider our obsession with celebrity failures. After all, the shine of a rising star is always eclipsed by the blazing fire caused by a big bank account going up in smoke.
The trustee liquidating investment MF Global Holdings said on Monday he sees possible civil claims against former Chief Executive Jon Corzine and other top executives for breach of duties to customers.
The 63 restaurants Friendly's closed on Wednesday resulted in about 1,260 layoffs -- more than 12% of the company's 10,300 person workforce. Everyone from managers to dishwashers were told Tuesday evening that the following day would be their last at Friendly's.