And before I get a letter from Ken Davy's bank manager, the bankruptcy I'm talking about is moral rather than financial.
Yes, you guessed it, Todd Carney - or Todd Carnage as one Australian newspaper has dubbed him - is back in the headlines.
It was bad enough when the Giants decided to sign the half back, who was sacked by Canberra in the summer on the back of a string of alcohol-related incidents - the highlights of which include urinating on a fellow drinker in a nightclub and being involved in a car chase with the local constabulary - and subsequently blackballed by the NRL for 2009.
And even worse when the Rugby Football League decided it was a good idea to allow a player who was persona non grata Down Under into our game.
But at least at that point Huddersfield were able to construct a flimsy defence, claiming the 23 year old - like another troubled soul, Wigan's former Parramatta player Tim Smith - deserved a second chance.
Now Carney's in the mire again though, with Australian police currently investigating a late night fracas that resulted in damage to a shop in a New South Wales town.
I believe in the principal of innocent until proven guilty as much as anyone, but if Carney is found to be at fault again, surely something needs to be done.
Because, even from this distance, it's clear he has a problem.
Either Huddersfield need to put the reputation of their club ahead of on-field concerns and tear up the contract, or the RFL need to do it for them.
England should not be a bolt hole for players who have run out of road overseas; a chance of easy money in a competition that is so obsessed with buying short term success that it is prepared to overlook almost any misdemeanour if a player's CV is tempting enough.
Only the Giants and Carney know how much he is costing them. All I know is that that cash would be better spent on developing some homegrown talent rather than looking for a quick fix.


WHETHER you like Tony Smith's World Cup selection or not, one thing is clear.
After 30 years of trying to beat Australia at the power game, Smith is going to try something different.
The England squad announced on Tuesday includes just four specialist props - Adrian Morley, James Graham, Maurie Fa'asavalu and Jamie Peacock - and no fewer than eight back rowers.
As Smith noted, he has gone for mobility and speed rather than out and out size.
And with Wigan's Mickey Higham preferred to Leeds' Matt Diskin as the back up hooker to James Roby, Smith is clearly focused on running round England's rivals rather than over the top of them.
If all this sounds like a bit of a gamble, it's because it probably is. Then again though, it's better than sticking to the same formula that has proved so unsuccessful in my lifetime.