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Dr. Peter Morici: Greece must default, dump euro
Instead, these have left Mediterranean governments teetering on bankruptcy and at the mercy of Germany and other rich states who exploit European unity to live well at the expense of their poorer brethren. The 1992 Maastricht Treaty, which considerably
Updated: 09/13/2011 03:23A
Diamond Palace closes after bankruptcy
The Diamond Palace, formerly named the Flamingo Palace, went out business last month after its operator, Omar Amerie, filed for bankruptcy. Amerie, who still owns the Afghan Village restaurant in Newark, blamed the poor economy for the closure and
Updated: 09/13/2011 03:16A
Boulder Bankruptcy Firm Moves Offices to Better Serve Clients
The Burnham Law Firm, a Boulder Bankruptcy Firm, moves to a larger, more centralized location in order to provide superior legal services to more clients. “To more efficiently serve our clients, we moved into a larger office in a more centralized
Updated: 09/13/2011 03:12A
Berkshire hires potential Buffett successor
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. Saab has struggled financially since General Motors Co. sold it in
Updated: 09/13/2011 03:11A
Fears of another Lehman-style crisis after markets plunge as Greece moves
Stock markets and the euro tumbled as debt-riddled Greece lurched towards bankruptcy. More than £22billion was knocked off the value of Britain's blue-chip companies on a day of turmoil in dealing rooms across Europe. French bank shares dived more than
Updated: 09/13/2011 03:10A
Bankruptcy sought by Saab unions
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. Saab has struggled financially since General Motors Co. sold it in
Updated: 09/13/2011 03:09A
Euro concerns spread
In addition, the German economy minister published an op-ed arguing that an “orderly bankruptcy” of Greece must be an option. Greece has been relying on international bailouts to keep it solvent. Germany's opinion on the Greek crisis is taken seriously
Updated: 09/13/2011 03:08A
tough and easy way against banks
One result: a surge in home foreclosures. Wenli Li, an economist with the Federal Reserve Bank of Philadelphia, and two colleagues wrote in a 2009 study: "Bankruptcy reform caused mortgage default rates to rise" by 50 percent for overextended
Updated: 09/13/2011 03:07A
PhillyDeals: In Del., a tough and easy way against banks | Philadelphia
One result: a surge in home foreclosures. Wenli Li, an economist with the Federal Reserve Bank of Philadelphia, and two colleagues wrote in a 2009 study: "Bankruptcy reform caused mortgage default rates to rise" by 50 percent for overextended
Updated: 09/13/2011 03:06A
The good corporate citizen | Philadelphia Inquirer | 2011-09-13
In 1995, Malden Mills, a fabric manufacturer in Lowell, Mass., burned down. CEO Aaron Feuerstein decided not only to rebuild, but pay the workers during the rebuilding. There was a lot of publicity from that compassionate act.
Updated: 09/13/2011 03:06A
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