We all have suffered financial hardships and with the falling economy, sky-high unemployment rates, and home foreclosures out the wazoo...2011 was definitely the year of financial f**k ups. Have a click thru for the top picks...
Jon Corzine - The former NJ governor and chief executive of MF Global mysteriously "lost" hundreds of millions of other people's money and had "no idea" where it went. On top of that, the shady mfer resigned.
American Airlines - AA filed for Chapter 11 bankruptcy after losing about $840 million dollars the previous year. American claims this bankruptcy won't affect the fliers, but we will see how it goes.
T-Boz - Tionne Watkins filed for bankruptcy this year unfortunately thanks to the child support that is owed to her. We won't call this particularly a financial f**k up, but we certainly hope T-Boz can get it together this year.
Bank of America - Aside from cutting 10,000 jobs and introducing that shady $5 fee, BofA had to cough up $335 Million after admitting to overcharging minorities!!
Nicole Murphy - It was revealed this year that Eddie Murphy's ex-wife blew through $15 Million worth of divorce settlement money and to make things worse, she handed half of that ovr to some swindling con-man. Nicole you gotta do better with your finances in 2012!!!
Black Unemployment Rates - These rates reached an all time high of 16.7% this year and does not seem to be getting any better. Hopefully 2012 will be a great year for people out of work
NBA Lockout - Players lost $350 Million for every month it lasted, but now that it's over we could really care less how much those overpaid mofo's lost...right????
Myspace - While social media big dogs like Facebook are worth billions, poor little Myspace sold for only $30 Million and had major layoffs. Tough break.