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Recession's victims overlooked in D.C.
I see the couple who lost their jobs and are now forced to file bankruptcy because they cannot make their house payments. The person who bought a condo in 2006 and now finds it to be worth 50 percent of what he or she paid for it.
Updated: 09/07/2011 05:05A
NB mills get $6.1M from Ottawa
The company is still getting back on its feet after its predecessor, Fraser Papers, was forced into bankruptcy protection in 2009. "Our whole challenge with the current business situation emerging from bankruptcy protection is to fix our balance sheet,
Updated: 09/07/2011 05:01A
Solar company's demise spotlights Obama's folly
Last Wednesday, Solyndra announced it was shuttering its remaining Fremont factory, laying off 1100 workers and filing for bankruptcy. It was a sorry day for the Bay Area. I remember when Obama came, May 26, 2010. Then-Gov.
Updated: 09/07/2011 05:00A
Increasing Troubles For The European Banks After Its Debt Crisis
This move is quite similar to the one which put Lehman into bankruptcy back in 2008, but the withdrawal was in big scale. This turbulence in European market may possibly affect the Atlantic, as they both these continents global financial system are
Updated: 09/07/2011 04:58A
Greek debt swap take-up 'below target'
The International Institute of Finance (IIF), a global banking group that is leading the bond swap talks, said yesterday it was confident the plan would eventually garner the necessary investor support. A Greek finance ministry official said it was too
Updated: 09/07/2011 04:42A
CBS 3 Springfield - WSHMSweden's Saab files for bankruptcy protection
Entertainment News from AP By LOUISE NORDSTROM AP STOCKHOLM (AP) - The owner of cash-strapped car maker Saab filed for bankruptcy protection on Wednesday in a last-ditch attempt to salvage a brand crippled by production stoppages, withheld salary
Updated: 09/07/2011 04:41A
Crisis-hit Saab files for bankruptcy protection
'The proposed voluntary reorganisation will be a self-managed legal process under Swedish law headed by an independent administrator appointed by the court who will work closely with the Saab Automobile management team,' the company said.
Updated: 09/07/2011 04:34A
Automaker Saab files for bankruptcy
Swedish car maker Saab is filing for bankruptcy protection in a self-managed reconstruction process, the Associated Press reports. Saab's owner Swedish Automobile, says the Trollhattan-based Saab and its subsidiaries, are filing for a "voluntary
Updated: 09/07/2011 04:32A
The Philadelphia Inquirer PhillyDeals column
The banks and their predecessors -- including troubled lenders today's banks took over at the government's request -- "have admitted to making serious missteps" in approving bad loans and selling toxic loan-backed bonds, Miller wrote.
Updated: 09/07/2011 04:31A
Greek debt swap take-up at 75 pct -report
The International Institute of Finance (IIF), a global banking group that is leading the bond swap talks, said on Tuesday it was confident the plan would eventually garner the necessary investor support. A Greek finance ministry official said it was
Updated: 09/07/2011 04:26A
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