Wake County Bankruptcies up Sharply from 2009
Tuesday, February 2nd, 2010The Triangle is a well-known national business center. With major universities driving innovation and a healthy collection of global technology and pharmaceutical companies touching all of its borders, history tends to be on our side in times of financial worry. Our area is known for entering recessions late and coming out of them sooner.
However, all those big companies, six-figure jobs and our collective entrepreneurial spirit has not done much to curb the rate of bankruptcies in Wake County, the heart of the Triangle.
The Triangle Business Journal reported recently that in 2009, Wake County bankruptcies grew by almost 37 percent during the last year.…