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Ministry for poor to close doors
Now the center has closed it doors and filed for bankruptcy. Leaders blame it on declining donations in a poor economy. "We did so many positive things," said Carroll Cash, a retired Methodist minister called in as interim director in March.
Updated: 09/08/2011 12:46A
Dynegy Bond Losses Deepen as Exchange Looms: Corporate Finance
The power producer last week transferred $1.25 billion of assets, mainly coal-fired power facilities, out of a unit that issued bonds for the company, leaving fixed-income investors with fewer claims in a bankruptcy. The move also gives Dynegy more
Updated: 09/08/2011 12:43A
County to get money owed from Peek'n Peak
Richard Dixon, Industrial Development Agency chief financial officer and chair for the Unsecured Creditors Committee in the bankruptcy case, said the county's Industrial Development Agency is still owed more than $100000 from two separate loans given
Updated: 09/08/2011 12:34A
We'll Be Just Fine If the Post Office Goes Bankrupt
Some congresspersons are currently attempting to reform the USPS by cutting mail delivery to five days a week. They're on the right track – what we really need is to cut mail delivery to zero days a week. Or at least allow the USPS to go bankrupt so it
Updated: 09/08/2011 12:27A
Saab Automobile Files For Bankruptcy Protection Again
The cash-starved company noted that it will look to attract additional funding now while it seeks court protection from creditors through the Swedish version of Chapter 11 bankruptcy. The company went ahead with the filing despite pending funding from
Updated: 09/08/2011 12:25A
Madoff, GE, EMI, Barclays, News Corp., J&J in Court News
New York Life Insurance Co. and six other insurance companies assailed the $1 billion settlement the trustee liquidating Bernard Madoff's firm forged with Tremont Group Holdings Inc., saying it didn't
Updated: 09/08/2011 12:20A
No news in 24 hours
I thought you would find it interesting it is not just mere mortals that find it difficult to balance the books, even the "rich" and famous can have a bit of trouble in the finance department. As a general rule, fame makes a person rich.
Updated: 09/08/2011 12:19A
Saab for bankruptcy protection
STOCKHOLM (Agen-cies): 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 payments and mounting debt.
Updated: 09/08/2011 12:11A
Solyndra and the debate on gov't funding
Now, the green blog has been putting out news lately of further US grant and loan announcements on the development and commercialization of carbon capture technologies, advanced biofuel and renewable chemicals, and also in solar technologies.
Updated: 09/07/2011 11:39P
2 More Solar Companies Get US Loan Backing
Undeterred by the bankruptcy filing of a California solar company that got $535 million in federal loan guarantees, the Energy Department is issuing two more large loan guarantees, albeit to companies that look like safer bets.
Updated: 09/07/2011 10:56P
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