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Swedish Union Takes Action Against Saab To Secure Back Wages
A Swedish trade union on Monday said it will take bankruptcy action against troubled automaker Saab Automobile to secure payments to its members, who still haven't received their August salaries. White-collar labor union Unionen said it will file
Updated: 09/12/2011 12:20P
EUR/USD: The pair finished the session lower
Of note, weekend press suggested that Economics Minister of Germany, Philipp Roesler, does not exclude the possibility that a more controlled bankruptcy in Greece in order to "save" the euro. While the Handelsblatt reported that Schuble is working on
Updated: 09/12/2011 12:19P
Countrywide bankruptcy? Bank of America keeps its options open
Is bankruptcy possible for Countrywide Financial Corp., the Calabasas-based home lender whose acquisition has cost Bank of America Corp. tens of billions of dollars? BofA Chief Executive Brian Moynihan didn't rule that out Monday in addressing an
Updated: 09/12/2011 12:18P
Bankruptcy: How do I go bankrupt?
However once you have made the decision that bankruptcy is the right debt solution for you, there are a number of steps you will have to go through to declare yourself bankrupt. There are two application forms that you will need to complete to declare
Updated: 09/12/2011 12:14P
Euro falls to 7-month low on fear of Greek default
Senior German officials have hinted in recent days that Greece could undergo an orderly bankruptcy to stem the crisis. A default by any nation using the euro might upend the European economy, making the shared currency less attractive.
Updated: 09/12/2011 11:54A
Euro falls to 7-month low against dollar as investors fear a default by Greece
Senior German officials have hinted in recent days that Greece could undergo an orderly bankruptcy to stem the crisis. A default by any nation using the euro might upend the European economy, making the shared currency less attractive.
Updated: 09/12/2011 11:50A
Report: Devils in financial trouble
1 loan payment and could be forced into bankruptcy, according to a report. The New York Post is reporting that the three-time Stanley Cup champions' financial hardships could also affect the Prudential Center, their home arena in Newark.
Updated: 09/12/2011 11:49A
Suppliers: Innovators enjoy head-start in parts race
Many parts makers ran into serious difficulties during the recession, but consolidation and restructuring – often under bankruptcy protection – have greatly improved their financial health and operational efficiency. Even so, just five per cent of
Updated: 09/12/2011 11:46A
U.S. Rejected Solyndra Restructuring Before Company's Shutdown, Memo Says
Solyndra said the next day that it would cease operations and seek bankruptcy protection. Solyndra's financial troubles prompted auditor PricewaterhouseCoopers LLC in March 2010 to question the company's ability to continue.
Updated: 09/12/2011 11:39A
EU Transactions Tax, Greek Debt, SEC Swap Rule: Compliance
Separately, India's department of disinvestment eased rules for investment banks, allowing them to manage its asset sales program and handle capital raising plans of non-state companies in the same business, the Mint newspaper reported,
Updated: 09/12/2011 11:38A
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