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Greek default fears slam European banking sector
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 10:21P
Greece gears up for crunch eurozone talks
Greece was granted a 110-billion-euro bailout loan in May 2010, linked to strict austerity conditions. It was also promised a second bailout worth 109 billion euros in July. The ruling Socialist PASOK government, under the leadership of George
Updated: 09/12/2011 10:16P
Real Housewives of Beverly Hills' Adrienne Maloof reportedly having financial
(Actually, even if the reports are true, Adrienne is still nowhere close to filing for bankruptcy, it's just super fun making up new terms for the Bravopedia!) ***In case you didn't know, Adrienne Maloof is co-owner and head of Marketing and Promotions
Updated: 09/12/2011 10:12P
Even the educated go bankrupt
The percentage filing for bankruptcy with a high school degree or less has decreased since 2006, and increased among those with a college or graduate degree. Source: “2010 Annual Consumer Bankruptcy Demographics Report,” Institute for Financial
Updated: 09/12/2011 09:56P
What to Do When Your Customer Files Bankruptcy
Although your customer's bankruptcy may involve numerous issues and activities that may have an effect on what action you might consider, here are 10 things, at a minimum, to look at: 1. Reclamation The reclamation provision of the Bankruptcy Code
Updated: 09/12/2011 09:48P
Saab gets $96 million in bridge financing, unions seek bankruptcy ruling over
Swedish Automobile NV (Swan) and Saab Automobile AB (Saab Automobile) confirm that Swedish unions Unionen and Ledarna filed for bankruptcy of Saab Automobile. The court has received the filing, but has not yet rendered a judgment which could take a few
Updated: 09/12/2011 09:40P
Devils close to refinancing, deny report they face bankruptcy
The Devils disclosed the potential sale by Brick City LLC in a statement on Monday in which they said a report in the New York Post that the team was facing bankruptcy was inaccurate. Brick City LLC is the legal name for the Devils share owned by Ray
Updated: 09/12/2011 09:36P
Blockbuster's run ends, but retail property's show goes on
The influx of empty Blockbuster properties won't negatively affect the Canadian retail real estate market, said Steven Alikakos, senior vice-president of retail for DTZ Barnicke Canada. “We have a shortage of retail space. We need the space,” he said.
Updated: 09/12/2011 09:29P
New Jersey Devils: Report of imminent bankruptcy 'inaccurate'
The notions that the Devils are facing bankruptcy or that 'the Devils have told their banks to get lost' are patently untrue," the team said in a statement. "As stated previously, ownership is close to finalizing an agreement that would lead to a
Updated: 09/12/2011 09:23P
Dental office could replace Blockbuster
Blockbuster declared bankruptcy in 2010. Dish Network, the satellite television provider, purchased the company earlier this year at auction. Meanwhile, at the other end of the Trainer's Shopping Center, a Ross department store is nearing its opening.
Updated: 09/12/2011 09:21P
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