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House to probe failed energy company Solyndra at hearing
For the benighted solar energy company and stimulus loan recipient, Solyndra, the next stop in its vale of tears will be a hearing this Wednesday in Washington held by a House Energy and Commerce subcommittee. If most hearings are a surefire cure for
Updated: 09/12/2011 01:57P
RNC chair accuses Obama of "cronyism" in Solyndra bankruptcy
The bankruptcy of the solar-cell maker has been particularly embarrassing for the Obama administration, which touted the firm as emblematic of the success of the stimulus' green energy initiatives. The president toured the factory in 2009, and Solyndra
Updated: 09/12/2011 01:52P
Credit Suisse Says FCC Will Grant Waivers to Dish
22 asked the commission to consolidate the transfer of satellite licenses that came with Dish's purchase of TerreStar and DBSD out of bankruptcy earlier in 2011 and -- citing commission precedent -- asked for a waiver of the FCC's integrated service
Updated: 09/12/2011 01:52P
SOLYNDRA SCANDAL WIDENS: Auditors Raised 'Substantial Doubts' About Company's
Image: ap Two months before the federal government provided a $535 federal loan to the company, auditors found that Solyndra, the bankrupt solar company, had significant financial difficulties, Bloomberg reports. In a deepening scandal that threatens
Updated: 09/12/2011 01:51P
Bankruptcy Idles High-Tech Cancer Treatment
A state-of-the-art radiation therapy machine for use against early stage breast cancer – one of only three in the state – has apparently been idled by the bankruptcy of the local surgical center that operates it. Renaissance Surgical Arts of Newport
Updated: 09/12/2011 01:48P
Thornburg's Suit Against Barclays Capital Can Go On
A federal judge ruled that the court-appointed trustee overseeing the liquidation of Thornburg Mortgage Inc. can move forward with a lawsuit against Barclays Capital Inc. over allegations that the bank made improper margin calls
Updated: 09/12/2011 01:34P
Have Devils and Jeff Vanderbeek already filed for bankrupty?
By Rich Chere/The Star-Ledger Patti Sapone/The Star-LedgerDevils owner Jeff Vanderbeek hasn't answered questions about reportedly missing a $100 million loan payment on Sept. 1. Devils owner Jeff Vanderbeek, hamstrung by an ongoing effort from partners
Updated: 09/12/2011 01:33P
CBS 3 Springfield - WSHMUnions take bankruptcy action against Saab
Entertainment News from AP By MALIN RISING AP STOCKHOLM (AP) - Two Swedish trade unions filed bankruptcy petitions Monday against Saab Automobile, pressuring the troubled automaker to present a viable funding solution or face collapse within weeks.
Updated: 09/12/2011 01:30P
Alabama's Jefferson County Poised for Bankruptcy Decision as Window Closes
16 to consider filing the largest municipal bankruptcy in US history if an agreement with creditors can't be reached in the wake of a failed sewer- bond refinancing. Leaders say a deal is closer than it was when the five-member panel rejected a
Updated: 09/12/2011 01:29P
Former Howrey managing partner joins Winston & Strawn
12 (Reuters) - The former managing partner of Howrey, currently in Chapter 11 bankruptcy, has taken a partner position with a prominent Chicago firm. Robert Ruyak, who remains on the dissolution committee of Howrey, has joined Winston & Strawn as an
Updated: 09/12/2011 01:27P