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Banking and Finance : Debt Settlement - Why Debt Settlements Are Rising at
(SkyNewswire.com) The current recession in the market is said to be even worse than the depression of the 1930's. Most common consumers expected the good times to continue and designed their lifestyles accordingly. They took huge loans for everything
Updated: 09/11/2011 07:21A
Jefferson County, creditors spar over sewer assets
By Barnett Wright -- The Birmingham News BIRMINGHAM, Alabama -- With five days remaining until the Jefferson County Commission is set to vote on settling its sewer debt or filing for Chapter 9 bankruptcy, a major split remains between the county and
Updated: 09/11/2011 07:05A
Greece: Will meet goals
will meet ambitious savings targets this year despite a deepening recession, the prime minister said Saturday, to secure the continued flow of international rescue loans that are protecting the debt-crippled country from a catastrophic bankruptcy.
Updated: 09/11/2011 06:40A
Knesset Finance Committee to Discuss Agrexco
The Knesset Finance Committee will hold a special meeting Sunday on the government's apparent refusal to further guarantee institutional bonds issued by Agrexco, which is currently in receivership and likely to be broken up in the near future.
Updated: 09/11/2011 06:03A
The nation in brief
11, 2001, terror attacks in his weekly radio and Internet address Article, 1A Subscribers must LOG-IN to read this full story. Despite the end of the space shuttle program, NASA needs to hire more astronauts to maintain its presence on the
Updated: 09/11/2011 05:53A
Papandreou says to save Greece stay in euro
THESSALONIKI, Greece (Reuters) - Greek Prime Minister George Papandreou said on Saturday he would do whatever it takes to rescue his country from bankruptcy and stay in the euro zone, as doubts in Europe grew over its membership
Updated: 09/11/2011 05:14A
News briefs from around Tennessee at 3:58 a.m. EDT
(AP) ” Perry County's high unemployment rate ” just under 15 percent ” has stubbornly persisted despite numerous efforts to combat it, from worker training to government-subsidized jobs. They arranged to buy at auction a vacant industrial site
Updated: 09/11/2011 05:06A
Auto Outlook: Saab's demise sign of times
On Thursday, the court denied the struggling automaker's request noting Saab also filed for bankruptcy two years ago when General Motors severed corporate ties after 20 years of losses. Is it the end of the road for the quirky, once seemingly
Updated: 09/11/2011 04:40A
Bankruptcy, stocks
Its assets (such as buildings or equipment or business units) may be sold off. The whole company may be bought by another company, too. When these sales occur, you as a common-stock shareholder are in line to receive some of the proceeds.
Updated: 09/11/2011 04:40A
Solar shakeout
Evergreen Solar, of Marlboro, Mass., recently filed for bankruptcy protection, citing Chinese competition it just couldn't overcome. Evergreen's technology was supposed to lead to lower costs than the competition, and a move to China was supposed to be
Updated: 09/11/2011 04:39A
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