Tribune Co. Files Bankruptcy
WILMINGTON, DE—Tribune Co., the 161-year-old company that publishes the Chicago Tribune and the Los Angeles Times, has filed for reorganizational bankruptcy. According to Bloomberg, Tribune Co. listed assets of $7.6 billion and debts of $12.9 billion in its filing at Delaware U.S. Bankruptcy Court here. JP Morgan Chase is said to be the biggest debt holder at $1 billion.
Taxpayer Data Gets Exposed
BATON ROUGE, LA—An accidental printing job mailed out by the Louisiana Department of Revenue exposed the personal information of nearly 300 taxpayers to other people with tax debts, according to the Associated Press. The department said letters that were mailed to taxpayers who owed money included the name, address, social security number and debt amount for a different taxpayer on the other side of the document. Officials at the Department of Revenue stated that they have no reason to suspect the personal information has been misused.