Bankruptcy

Be prepared. While this motto works for Scouts, the law enforces preparedness by requiring classes and education that must take place in order to access various legal remedies and privileges.

House Bill 363, which is awaiting Gov. Gary Herbert’s signature (or veto), would prohibit local school boards from educating our students on the full spectrum of reproductive health, harshly limiting the discussion of sex to abstinence and within marriage. (Note: Herbert vetoed the sex ed bill late Friday night, after this column was written and posted.)

BOUNTIFUL — A Bountiful couple, Aaron Michael Hymas, 37, and Tiffany Kim Hymas, 36, were indicted by a federal grand jury in Boise today on multiple counts of wire fraud, false statements to financial institutions and bankruptcy fraud.

OK, write this down: Twinkies are not going away. Neither is Kodak film.

MYRTLE BEACH, S.C. _ Boston-based Bain Capital LLC more than doubled its money on GS Industries Inc. _ the former parent company of Georgetown Steel _ under Mitt Romney’s leadership in the 1990s, even as the steel manufacturer went on to cut more than 1,750 jobs, shuttered a division that had been around for 100 years and eventually sank into bankruptcy.

FORT WORTH, Texas — American Airlines and its parent company are filing for Chapter 11 bankruptcy protection as they seek to cut costs and unload massive debt built up by years of high jet fuel prices and labor struggles.

SALT LAKE CITY -- A U.S. bankruptcy court judge has ordered a forensic accountant to take control of a Kaysville man's businesses.

Dee Allen Randall is under investigation for possibly taking $65 million from more than 700 investors over the past several years. He owns a number of businesses, including Horizon Mortgage & Investment, Horizon Financial & Insurance Group and Horizon Auto Funding. He had promised returns of up to 14 percent through investments in real estate, auto leases and insurance, according to court documents.

I had a delightful lunch at Idle Isle with Brigham City Mayor Dennis Fife and two of his council members last week. Our talk reminded me once again of the hard, if not impossible, jobs we expect our elected people to do.