Personal Bankruptcy Filings

Mary Kane at Citi “calls for roughly 24-34% growth in personal bankruptcy filings for the year ending June 30, 2010 – i.e., roughly 1.5-1.7 million personal bankruptcy filings.” Given her credentials (she and her team placed second in Institutional Investor's Sept 09 ranking of the best analysts of the year, category ABS/Consumer), the prognosis is worth keeping in mind.