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HAVE YOUR SAY: Second judge rules against Werribee paedophile.
He also has sought to preempt bankruptcy proceedings in the Federal Magistrates Court, brought against him by his victims, by naming numerous other creditors. These include his own family trust, to which he says he owes $1.3 million.
Updated: 09/05/2011 11:58A
Swaziland march to launch week of protests
Impoverished Swaziland is teetering on the brink of bankruptcy, in a financial crisis that has spawned a series of protests this year to demand that Mswati accept multi-party democracy and resolve a budget crunch that has left the kingdom battling to
Updated: 09/05/2011 11:32A
Enough with the green jobs
Solyndra, a solar panel manufacturing company much ballyhooed by the Obama administration, declared bankruptcy. The company had received $535 million in September 2009 from a Department of Energy grant program funded by the stimulus.
Updated: 09/05/2011 11:31A
American solar panel giant goes bust
America's biggest solar panel manufacturer Solyndra is due to file for bankruptcy this week, because it was unable to compete with bigger rivals. Not an ICE member or a New Civil Engineer subscriber? New Civil Engineer (NCE) is the leading magazine for
Updated: 09/05/2011 11:21A
Postal service could shut down this winter unless Congress takes action
But bankruptcy just might. Stories about the dire state of the Postal Service are so common that one could be forgiven for wanting to turn the page wondering, what else is new? The reasons behind the agency's dire financial straits are well-known:
Updated: 09/05/2011 11:18A
Judge throws out Delphi suit claims against Treasury
At issue is the decision of General Motors' former parts unit, Delphi Corp., abandoned its pension plans in bankruptcy in 2009 covering about 70000 people. The Delphi pension plans were underfunded by about $7 billion, and the pension agency has taken
Updated: 09/05/2011 11:16A
Bailed-Out GM Returning to Failed Past?
Volt sales went from a terribly dismal 125 units in July, which GM management claims was an anomoly, to a more normalized dismal level of 302 in August. The last group that had control of the path for GM was Obama's Auto Task Force.
Updated: 09/05/2011 11:09A
Obama's Refinancing Deal Levels Taxpayers past Solyndra Investors
Solyndra announced its bankruptcy on Aug. 31 in Wilmington, Delaware. The management's conformity to lower the government support to fresh investment might put in fuel to disparagement by Republicans who have been reported to say that President Barack
Updated: 09/05/2011 10:50A
Loui Eriksson: Stars should have an owner within 3 months
The lenders who currently control the team are expected to file for a prepackaged bankruptcy plan on September 14th as the next step towards Gaglardi or someone else buying the team. Another interested party will have the opportunity to outbid Gaglardi
Updated: 09/05/2011 10:43A
Solar Offers Opportunity Despite Setbacks
Does this mean that the US should abandon the solar market as too risky a proposition, with the failures of Solyndra (which had a $535 million federal loan guarantee from the Department of Energy), Evergreen Solar of Massachusetts, SpectraWatt of New
Updated: 09/05/2011 10:25A
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