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Rep. Diaz-Balart responds to President's speech
Diaz-Balart comments: “What we heard today from President Obama was nothing other than the same failed policies that have accelerated our country down the road of bankruptcy. For the past two and half years, President Obama has spent nearly $1 trillion
Updated: 09/08/2011 08:48P
FBI Raids Solar Firm That Got US Loans
Paul Sakuma/AP By MATTHEW L. WALD and MICHAEL KANELLOS The FBI on Thursday raided the office of a California solar company that borrowed $528 million from the federal government before filing for bankruptcy, as House Republicans announced that they
Updated: 09/08/2011 08:40P
Saab pushed closer to bankruptcy
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Updated: 09/08/2011 08:37P
Wow: Move Over Gibson Guitars
Recall how I mentioned here a few days back that the Solyndra bankruptcy was the green energy equivalent of Charles Keating/Lincoln Savings collapse in the S & L debacle of 20 years ago. Well sit down for this: More here from PajamasMedia,
Updated: 09/08/2011 08:35P
Bankruptcy filings in Valley rose 13% in August
The mixed picture reflects a sluggish economic backdrop marked by weak employment growth and poor consumer confidence but with no major new developments that would push people into bankruptcy. "There's some support for the notion that the worst is
Updated: 09/08/2011 08:27P
Saab one step closer to collapse
Troubled automaker Saab, known for its quirky, rounded cars, moved closer to financial collapse after a Swedish court rejected its request for bankruptcy protection. The ruling by the Vanersborg District Court means the Swedish brand,
Updated: 09/08/2011 08:20P
Ex-directors challenge Lehman insurance release
NEW YORK (Reuters) - Former directors of a Lehman Brothers Holdings Inc affiliate are objecting to the proposed release of $90 million in insurance funds to settle an investor lawsuit against ex-Chief Executive Richard Fuld and other
Updated: 09/08/2011 08:16P
Slideshow: Venture Capital's Biggest Flops
Solyndra's venture investors stand to lose hundreds of millions with the solar company's bankruptcy filing. But while that stands as one of the largest venture losses to date, it's certainly not alone. At peHub, we culled through twenty years worth of
Updated: 09/08/2011 08:11P
FBI agents search Solyndra
The surprise raid is believed to be related to Solyndra's controversial $535 million loan guarantee from the US Department of Energy and comes amid heightened scrutiny from Washington lawmakers who want to know how a company that was once President
Updated: 09/08/2011 07:59P
Hunton & Williams | Next Jump Agrees to Stop Using Borders Customer List and
This agreement comes at a critical point in the Borders bankruptcy proceedings. The bidding deadline for Borders' intellectual property assets, including customer lists, was September 8, 2011, just two days after the agreement was entered by the court.
Updated: 09/08/2011 07:58P