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Norris Tweets Dig at Dems on Solyndra Setback
But the company has shut down, laid off hundreds of workers and filed for Chapter 11 bankruptcy protection. The company also faces a federal investigation. The House Energy and Commerce oversight committee is scheduled to begin hearings on Solyndra on
Updated: 09/14/2011 12:21P
Bank Stock Alert – Washington Mutual's Reorganization Plan snubbed Twice
Washington Mutual Inc.'s (PINK: WAMUQ) latest reorganization plan, in which the bankrupt company planned to pay more than $7 billion to creditors, has been rejected by a bankruptcy court Judge. This is the second time Washington Mutual's reorganization
Updated: 09/14/2011 12:20P
Eagles' Vick, Falcons' Ryan will forever be linked
If Vick hadn't been imprisoned for operating a dogfighting ring, if he hadn't lied to authorities and gone through the bankruptcy he likely would have been the face of the Falcons franchise today. Instead it is Ryan, the Exton-born product of Penn
Updated: 09/14/2011 12:19P
Dallas Stars Sale: Lenders Approve Plan, Sale Expected To Enter Court Soon
After months of negotiating with Tom Gaglardi and his bid to purchase the team the lenders involved with the sale have approved a pre-packaged bankruptcy plan that would take the sale through the court system and into a court-approved auction.
Updated: 09/14/2011 12:17P
Solyndra Loan Probed By House Subcommittee
A hearing Wednesday will examine what went wrong with Solyndra Inc., which received a federal loan of nearly $528 million and recently filed for bankruptcy. GOP leaders of the subcommittee describe the loan as a "half-billion bust" that raises red
Updated: 09/14/2011 12:17P
Another week, another NHL ownership crisis
Either Wednesday or Thursday, according to an investment banking source, the Stars will file for bankruptcy in a Delaware court, which will pave the way for Vancouver businessman Tom Gaglardi to buy the team for an estimated $230-million (US).
Updated: 09/14/2011 12:17P
5 Ways To Avoid Foreclosure
It may seem that filing for bankruptcy protection to avoid or halt a foreclosure is an extreme move - and it is. However, if you have no other options and still want to live in the home, a Chapter 13 bankruptcy filing immediately freezes all creditor
Updated: 09/14/2011 12:16P
Financials Join Party As Hartford Rises 5%; Mortgage REITs, AGNC Gain Ground
Meanwhile, German Chancellor Angela Merkel rejected speculation that Greece is nearing bankruptcy, or would be forced to leave the euro zone. The Financials Select Sector SPDR (XLF) was most recently ahead by 0.2%. It had fallen 1.1% earlier,
Updated: 09/14/2011 12:13P
Novak Djokovic and Sergio Tacchini relationship could be on the rocks: This
In 2007, the company filed for bankruptcy before being purchased for $42 million by Chinese businessman Billy Ngok in 2008. The story got even more exciting as Djokovic rose to No. 1 in the South African Airways ATP Rankings and won three of four Grand
Updated: 09/14/2011 12:11P
CIT Plans to Accept Online Deposits
"We have opened the Internet funding capability up to our own employees," Mr. Thain said at a Barclays Capital conference in New York. For outside customers, the option will be "up and running shortly." The move is part of the New York lender's efforts
Updated: 09/14/2011 12:09P
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