Biz, U.S.: Bankruptcy? That’s nuts.
- Peanut Corp. of America has had a bad month. Between the salmonella outbreak at their Georgia plant, the illnesses, the very negative PR and the fact that they made us pretty scared to eat our favorite food, a corporate fall grace was bound to happen. And after their Texas plant got shut down, it was the last straw. The company filed for bankruptcy today, saying that their debts and assets were nearly the same. source