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Obama abused the public trust to fund pet solar firm
According to news reports, the raid was sparked by allegations of misuse of the $535 million loan guarantee Solyndra received from the Department of Energy in 2009 under the Obama economic stimulus program. Solyndra was the first company to benefit
Updated: 09/11/2011 08:14P
Director's cut lifts drama
ECONOMIC drama, bankruptcy, suspicious dealings - for a play that's set in the early 20th century, The Voysey Inheritance remarkably echoes recent Wall Street events. Starting on Friday, the play, put on by long-standing community theatre company
Updated: 09/11/2011 08:14P
Lessons for government in energy firm failure
The collapse of one of the Obama administration's signature "green jobs" efforts might mutate from an embarrassment to a scandal. Obviously, everyone should reserve judgment as to whether there has been any wrongdoing, criminal or otherwise.
Updated: 09/11/2011 07:56P
Obama Energy Policy, Raises Cost, 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: 09/11/2011 07:29P
How far is too far in pursuit of former Anglo chiefs?
It is now objecting to his efforts to have himself discharged from bankruptcy in the United States having gone through the year-long process. As part of its case, it has levelled accusations of fraud and perjury against him as a result of his actions
Updated: 09/11/2011 07:17P
...as covered bond issuance continues to soar
In the event of bankruptcy, other creditors typically have no access to these assets until all covered bonds have been fully repaid. As a result, the instruments are considered ultra safe. Ted Lord, head of European covered bonds at Barclays Capital,
Updated: 09/11/2011 07:13P
Seeking a Greek stop loss
Financial markets face a tense week, as Greece totters on the verge of bankruptcy, while pressures in the European banking sector continue to build. On Sunday, Greek Prime Minister George Papandreou tried to placate the country's increasingly irritable
Updated: 09/11/2011 06:54P
SMSFs your 'biggest opportunity': Hayek
Hayek urged brokers to think about what they could do to assist their clients to retire better, simultaneously “changing people's lives” while helping their own business bottom line. Hayek said the retirement nest egg that could be achieved via SMSF
Updated: 09/11/2011 06:47P
Farella Attorneys Named to Best Lawyers in America 2012
James A. Bruen - Environmental Law; Litigation - Environmental; Mass Tort Litigation / Class Action - Defendants Dean M. Gloster - Bankruptcy and Creditor-Debtor Rights / Insolvency and Reorganization Law Douglas R. Young - Antitrust – Litigation;
Updated: 09/11/2011 06:30P
Judge orders insurers to pay Del. sexual abuse victims
A Delaware bankruptcy judge on Friday ordered insurance companies to pay their share of a settlement with priest sex abuse victims that is the foundation of the Catholic Diocese of Wilmington's reorganization plan, and he angrily turned aside the
Updated: 09/11/2011 06:12P
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