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Saab Files For Bankruptcy Protection After Parent Company Records Loss
The owner of Swedish car manufacturer Saab has filed for bankruptcy protection for the struggling automotive company, reports the BBC. Saab's owner, Swedish Automotive, recorded losses of 152m ($220m) in its second quarter results last week.
Updated: 09/07/2011 10:14A
Solyndra's Bankruptcy Shows the Failure of the "Green" Jobs Agenda
The recent bankruptcy of solar-panel-maker Solyndra shows, once again, that the entire concept of "green energy" jobs was bankrupt from the start. "Green jobs" are the last refuge of the subsidy seekers. Industries that can't survive in the free market
Updated: 09/07/2011 10:14A
BP makes fresh Gulf of Mexico find at Mad Dog
By Gilbert Kreijger AMSTERDAM (Reuters) - Ailing Swedish carmaker Saab sought breathing space from creditors on Wednesday, filing with a local court for bankruptcy protection while it continues to wait for promised new investments from two Chinese
Updated: 09/07/2011 10:12A
Saab's last stand: Files for bankruptcy reorganization
The owner of Saab filed for bankruptcy reorganization today in a last-ditch attempt to save the brand. Saab has been virtually shut down since April and wasn't able to pay its employees their August wages last week. Swedish Automobile, formerly Spyker
Updated: 09/07/2011 10:12A
Cash-Starved Saab Files for Bankruptcy Protection
September 07, 2011 | Saab Automobile By Anita Lienert, Correspondent | Published Sep 7, 2011 Saab has filed for bankruptcy protection from its creditors in the wake of stalled investments from Chinese companies. Saab Automobile and two subsidiaries
Updated: 09/07/2011 10:10A
Fiat Makes a new and Stylish US Return
The Italian company also owns Chrysler, a result of the Chrysler bankruptcy which happened over two years ago. Fiat has decided to take advantage of its ownership of Chrysler in America, due to the fact that the car has already become known in the US.
Updated: 09/07/2011 10:07A
Elgin Butler Investment Enables Trikeenan Tileworks to Emerge from Bankruptcy
After a full year of protection from its creditors under Chapter 11 of the Bankruptcy Code, Trikeenan will successfully emerge from Bankruptcy Court protection and continue to operate, now as a wholly owned subsidiary of Elgin Butler Company.
Updated: 09/07/2011 10:07A
Barack Obama can still pull US back from a slide into Japan-style stagnation
Third, the President could announce an emergency initiative to revise US bankruptcy law, which currently allows borrowers to walk away from their loans without filing for bankruptcy, but simultaneously "protects" mortgage lenders by prohibiting
Updated: 09/07/2011 10:04A
Master P Forced Into Bankruptcy Court Over $240000
Though Percy "Master P" Miller has been celebrated for his many philanthropic initiatives over the last couple of years, the New Orleans rap pioneer is reportedly facing bankruptcy due to a lawsuit filed by former employees. TMZ reports that Miller was
Updated: 09/07/2011 10:03A
Saab Files For Bankruptcy Protection; Will China Save The Day?
Saab has had more than its share of troubles the past few years, and the company's failing finances have been headline fodder for weeks. So it should come as no surprise that earlier today, the company filed
Updated: 09/07/2011 10:03A
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