Pamela Anderson living in a trailer park due to bankruptcy

These consequences are obvious due to Pam’s living arrangements: from a Malibu mansion to a one-bedroom mobile home on a run-down trailer park.

In order to explain her new way of living, Pamela Anderson said in an interview: “The boys and me love the trailer park, it’s a special community, we’re happy here,” she says. “It’s the most beautiful place, it’s where I take my motorcycle, my surf board.“There are firemen with their children, surfers, all sorts. The children are so happy. I wouldn’t trade my life with anyone.”

Because of her expensive living style such as first-class travel, sprawling properties decked with gold, lavish cars, made her bank balance go empty.
A while ago Pamela said on Twitter: “Events occurred outside of my control which caused this temporary but embarrassing situation. All my tax obligations will be resolved in the very near future.”

Concerning her work opportunities have drastically reduced and the fact that she moved her home in the California trailer park made people say she is bankrupt.

“The talk of debt and bankruptcy is all garbage,” she claims. “I have a beautiful home in Canada, nine little cabins on the dock that I’m building on Vancouver Island and a store in the front. That’s going to be kind of my sanctuary. I think eventually I’ll be out of LA. I have been building my place in Malibu for four years, it’s not finished yet.”

She also added: “Everyone went through a lot in the last couple of years. The economic situation caused a lot of stress. People didn’t pay me, but it’s all sorted out now.”

Even so, Pamela is still a good mother to her two sons Brandon, 13, and Dylan, 11. “They come first, everything else is secondary. I have gone as far as putting them in my contracts with people, so I don’t miss a baseball game, I don’t miss a practice, I am there for breakfast, to drive them to school.”

General Motors paid its loan with five years earlier

General Motors has paid all its debts accumulated towards the American State during the 2009 crisis and now makes progress in his return after the bankruptcy proceedings it went through the middle of last year.

According to U.S. official, the payment was done faster than was expected because of good products launched by GM lately.

“We were able to return taxpayers’ money ahead of time because we draw, build and sell the best cars that GM has ever produced, “said Whitacre.

GM reported losses of 4.3 billion dollars in post-bankruptcy period in 2009, but officials say the results are encouraging in order to re-income in the year 2010.

In these conditions, GM could again become a private company in 2010 or 2011.

The U.S. state has bought 60.8% of GM in July 2009, the Canadian government and a trust holding significant percentage of General Motors.

Image source: automarket.ro