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Banks bear brunt of Greek default fears
Senior German politicians have suggested publicly in recent days that an orderly bankruptcy of Greece may be part of a solution to the country's problems. The notion, which has been a taboo so far in Europe's handling of the crisis, spawned uncertainty
Updated: 09/12/2011 06:29A
Merkel agrees with minister on Greece, aide says
BERLIN, Sept 12 (Reuters) - German Chancellor Angela Merkel strongly agrees with her Economy Minister Philipp Roesler, her spokesman said on Monday, when asked about Roesler's comment at the weekend that an orderly bankruptcy of Greece was no longer
Updated: 09/12/2011 06:28A
Fifth Circuit shows reorganization investors how to get and keep an expense
Id. The bankruptcy court granted the debtor's motion for the so-called expense “reimbursement order” after a hearing. Although the debtor's corporate parent had objected, the bankruptcy court found that the debtor had shown “a compelling and sound
Updated: 09/12/2011 06:26A
Tax blow for bankrupt owners
The number of bankruptcy restriction orders obtained against owners due to neglect of their businesses increased by 21 per cent to 443 last year – and most were alleged to have consistently failed to pay taxes. Bankruptcy protection orders limit
Updated: 09/12/2011 06:21A
Forex News – Greek default looming, Stark resignation a blow to ECB
Greek Prime Minister George Papandreou's efforts this weekend to do all in his power to avert bankruptcy may be too little too late. The German FDP economy minister, Philipp Roesler, said in an article published on Sunday that an orderly bankruptcy of
Updated: 09/12/2011 06:21A
The sun no longer shines on solar panel maker Solyndra LLC - bankruptcy and
It seems that some questions have arisen over its bankruptcy filing and whether it misled the government in the procurement of loan guarantees. Those questions are the focus of a criminal investigation. What is the taxpayers' share?
Updated: 09/12/2011 06:17A
Final day arrives for Borders' flagship store in downtown Ann Arbor
The Borders bookstore on Lohr Road in Pittsfield Township will close on Thursday for good as part of the Borders Group Inc. bankruptcy.Lizzy Alfs | AnnArbor.comThe Borders bookstore on Lohr Road in Pittsfield Township will ... Forty years after it was
Updated: 09/12/2011 06:15A
Borders superstore on Lohr Road in Pittsfield Township to close Thursday
The Borders bookstore on Lohr Road in Pittsfield Township will close on Thursday for good as part of the Borders Group Inc. bankruptcy. The Borders bookstore on Lohr Road in Pittsfield Township will close for good on Thursday, just trailing today's
Updated: 09/12/2011 06:15A
Germany Readying Measures To Face Greek Default
That includes an orderly bankruptcy of Greece, if the necessary instruments are available, he added. Roesler, who is also the Vice Chancellor, said that sanctions must be imposed on states failing to meet the deficit goals. A temporary withdrawal of
Updated: 09/12/2011 06:02A
Delaware Judge Orders Insurers to Pay in Diocese Bankruptcy
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,
Updated: 09/12/2011 05:54A