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Solyndra under investigation by FBI
FREMONT (AP) -- FBI agents have executed search warrants at the headquarters of solar panel manufacturer Solyndra, which received more than $500 million in federal loan guarantees before filing for bankruptcy last week. The FBI says agents raided the
Updated: 09/09/2011 12:16P
Obama energy policy raises costs, limits jobs
The most recent: the bankruptcy of solar-panel-maker Solyndra, which despite a $527 million loan guarantee from the Department of Energy could not compete with overseas producers. Two weeks before Solyndra's bankruptcy, the White House announced that
Updated: 09/09/2011 12:06P
Cerberus' NewPage Said to Reduce Rate on Portion of $600 Million Financing
NewPage Corp., the Cerberus Capital Management LP-owned coated paper maker that filed for bankruptcy protection, reduced the rate it will pay on a $250 million debtor-in-possesion term loan,
Updated: 09/09/2011 12:04P
A week in advance 12-16 September
An interim statement recommended larger financial cushions, drafting plans for potential orderly bankruptcy and ring-fencing deposit-taking retail divisions from higher-risk investment banking operations. However, whilst the government broadly welcomed
Updated: 09/09/2011 12:02P
Lee Enterprises Lenders Agree to $904.5 Million Debt Refinancing
9 (Bloomberg) -- Lee Enterprises Inc., the news and advertising publisher that owns the St. Louis-Dispatch, reached an agreement with lenders to refinance $904.5 million of debt and avoid bankruptcy. A $689.5 million first-lien term loan will mature in
Updated: 09/09/2011 11:56A
CEO: Refinancing debt will 'remove cloud' over Lee
The publisher's uncertainty about its ability to repay roughly $1 billion in debt as of April (see Dateline, April 18, 2011) raised fears that the company may need to seek bankruptcy protection. But late yesterday, Lee said it reached an agreement to
Updated: 09/09/2011 11:55A
How to Correct Bankruptcy Entries On Your Credit Report
After bankruptcy, credit repair should be a top priority. It is never too soon to start working to building back your credit score. In most cases, each account that you list in your bankruptcy will say “included in bankruptcy” and show a $0 balance.
Updated: 09/09/2011 11:52A
For Saab, It's Likely All Over But The Crying
Saying that the automaker lacked a clear source of funding to continue operations, the court denied Saab's petition for the equivalent of reorganizational bankruptcy and opened the door for labor unions and creditors to begin bankruptcy proceedings.
Updated: 09/09/2011 11:52A
Look to Biomass Power and Thermal to Create US Jobs
The biomass power and thermal industry not only provides opportunities to build new businesses, but it could also help restore employment in areas where the economic downturn, wholesale shifts in business practices and overseas competition are
Updated: 09/09/2011 11:40A
Success of Greek bond swap plan hangs in balance
Greece is in the midst of a major financial crisis and has avoided bankruptcy only after receiving two successive international bailouts worth a total 220 billion euros from its fellow euro-zone partners and the International Monetary Fund (IMF).
Updated: 09/09/2011 11:38A
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