Bankruptcy pays well

Paul Abate is 60 and has 16 years in at Malden Mills, where he makes about $15 an hour as the lead man overseeing five huge machines at the bankrupt textile plant. Abate has only a shot at collecting the $5,327 Malden Mills owes him as one of hundreds of unsecured creditors, but just hopes to hang onto his job. ... (Full article: 657 words)

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