William Langer
William Langer was a Republican Party politician. He was the governor of North Dakota for a while but also a US senator. Langer decided to file for bankruptcy in 1931 after being accused of taking bribes as governor. Despite the enormous scandal, Langer kept on serving in his public office and remained a prominent figure in North Dakota politics until he passed away.
Ron Stephens
Former Illinois Assemblyman Ron Stephens decided to resign from the legislature in 2011, after serving in the House of Representatives for 27 years. Only three months after his resignation, he decided to seek protection under Chapter 13 bankruptcy law. Ron Stephens’ bankruptcy petition included $615,000 in debt but also $482,000 owed on his Greenville, Illinois, home.
Since we’re talking about American politicians, I can’t leave you without recommending one of the best books on the issue, called “America: What Went Wrong? The Crisis Deepens” by Donald L. Barlett and James B. Steele In fact, some might even say it is one of the most important works of journalism written in the 20th century, with remarkable views on our unfair and unjust society.
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