Monday, April 25, 2011

Retiring Bankruptcy Judge John Ninfo Still Plans to Educate Youth on Financial Dangers

s he approaches retirement from the U.S. Bankruptcy Court for the Western District of New York, where he has presided over thousands of cases of financial disarray, Bankruptcy Judge John Ninfo II is going to continue to preach his finely honed lessons on financial literacy, the Rochester (N.Y.) Democrat and Chronicle reported yesterday. However, with the recent recession still looming large, Judge Ninfo is adjusting his message: He now says we probably should live below our means, much as many of our parents and grandparents did in the 1950s and 1960s. Judge Ninfo will retire from the bankruptcy court at the end of the year, capping his time on the bench at an even two decades. He will continue on with one of his passions by continuing to volunteer with Credit Abuse Reduction Education (CARE), the national financial literacy program that he started in 2002.