California has certainly had its share of financial woes, and now the city of Stockton, about 80 miles east of San Francisco, is set to become the largest American municipality to declare bankruptcy.
If it weren't so tragic in terms of taxpayer dollars wasted, the bankrupt Solyndra solar panel/energy company would be the perfect fit for the popular website failblog.org.
Some major companies and corporations such as MF Global and AMR, the parent company of American Airlines, have filed for bankruptcy.
In the process, they may have, directly or not, caused some people to go bankrupt.