Tag Archives: bankruptcy

Gibson Guitars May be Taking Final Bow


Gibson Brands Inc., the 100+ old iconic guitar maker, faces possible bankruptcy in the next few months. Sparking concern for the guitar manufacturer is the departure of the company’s chief financial officer, Bill Lawrence. To meet its financial obligations coming due in July, Gibson is selling its Baldwin piano brand and has left its long time […]

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Is 50 Cent Really Down To His Last 50¢?

50 Cent

Curtis Jackson III, better known by his stage name 50 Cent, was recently ordered back to bankruptcy court after posting numerous images of himself flaunting “mockingly lavish” amounts of cash on his various social media sites.  After he was fined $7 million for releasing a sex tap of the ex-girlfriend of fellow rapper Rick Ross, […]

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