Stephen Baldwin bankruptcy

Not even Hollywood celebs like Stephen Baldwin (ok...D-listers like him) can escape the sh*tty economy -- Stevie B filed for bankruptcy a few days ago after falling behind on his mortgage and credit card bills. He owes a bank $1.2 million on one mortgage, $900,000 to the IRS, $200,000 to the New York State, and $70,000 to credit card companies. His home in Upper Grandview, NY was auctioned off yesterday, and another of his homes in Rockland County is also on the market.

Bet he wishes he didn't quit I'm a Celebrity...Get Me Out of Here! now. Then again, it's not like winning the show has done sh*t for Lou Diamond Phillips, so I guess Stevie B was f*cked either way. Poor guy...I think he's the shizz.

Chicago Cubs bankruptcy

The Tribune Company, who own the Chicago Cubs, are looking to sell the team and have potential buyers in the Rickett family. But since the Tribune Co. is facing some uber money woes, they're thinking of putting the Cubbies into bankruptcy to speed up the whole selling process. Apparently if the Cubs are put into bankruptcy, it'll help extricate the team from the Tribune's own bankruptcy issues, and will just help make a quicker and cleaner sale of the team to the Rickett's.

A little trivia for ya: The last team to file for bankruptcy were the Seattle Pilots, who went bankrupt in 1970 after only playing one season. The team was sold to Bud Selig (who is now the MLB Commissioner), moved to Milwaukee and renamed the Brewers.

Lenny Dykstra bankrupt

Former Philadelphia Phillies' and New York Mets' outfielder Lenny Dykstra filed Chapter 11 bankruptcy protection in L.A. on Tuesday, saying he's $31 million in debt. Lenny, who is also a former All-Star, listed assets of $50,000 or less and liabilities of between $10 million and $50 million.

Dude...$31 million in debt? What the f*ck could you possibly buy that would put your ass in debt that much? A whole state of hookers?