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Latest Fact-Checks In Bankruptcy

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Charlene Lima
stated on June 26, 2013 in a speech on the floor of the Rhode Island House:
Economic Development Commission Executive Director Keith Stokes “sent me a letter and he said the taxpayers will never be on the hook for these bonds” for 38 Studios.
True
By C. Eugene Emery Jr. • July 10, 2013
Robert Jacquard
stated on March 6, 2012 in a speech:
“There are a lot of casinos across the country that have gone bankrupt.”
True
By Alex Kuffner • March 15, 2012
Lynn Westmoreland
stated on October 8, 2011 in a meeting:
Georgia has had ʺmore bank failures than any other state.ʺ
True
By Eric Stirgus • November 14, 2011
Citizens for the Republic
stated on September 21, 2010 in a campaign commercial:
Children born today will carry a $30,000 share of the national debt.
True
By Louis Jacobson • September 23, 2010
Michael Steele
stated on June 1, 2009 in a press release.:
“President Obama will now own 60 percent of GM, and his union buddies will own almost 20 percent.”
True
By Catharine Richert • June 1, 2009
MoveOn.org
stated on May 8, 2009 in a Web ad:
Senators who have accepted millions in campaign contributions from the financial industry voted against allowing bankruptcy judges to modify home mortgages.
True
By Angie Drobnic Holan • May 12, 2009
Barack Obama
stated on June 11, 2008 in a speech in Chicago, Ill.:
John McCain opposed bankruptcy protections for families “who were only in bankruptcy because of medical expenses they couldn’t pay.”
True
By Adriel Bettelheim • June 16, 2008