An American institution of sorts hit some seriously choppy waters today.  The Reader's Digest Association, which is behind the little paper books that have littered coffee tables for generations, has announced that it will declare bankruptcy. Chapter 11 is the flavor of bankruptcy that's on the table.  Stephanie Clifford reported, "The value of the company will be much lower under the restructuring.  Reader's Digest's $2.2 billion in debt will be reduced to $550 million, according to the agreement it has already ...