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Bankruptcy Filings Increase Among College Grads
According to a new study released Tuesday by the Institute for Financial Literacy, college graduates are the fastest-growing consumer population to file for bankruptcy protection over the past five years. The 2010 Annual Consumer Bankruptcy
Updated: 09/14/2011 01:21P
Solyndra Bankruptcy Could Spell Trouble For First Solar
California based First Solar Inc (NASDAQ:FSLR) may find it more difficult to secure federal loan guarantees in the aftermath of the Solyndra Bankruptcy, which raised questions about the loan guarantees extended by the Department of Energy to firms in
Updated: 09/14/2011 01:20P
Solyndra Bankruptcy Causes Employees to Sue
(AP Photo/Paul Chinn, Pool, File) The Solyndra bankruptcy that set off a national debate over green jobs started filing its bankruptcy papers Monday, listing $859 million in assets and $784 million in secured loans. According to the San Francisco
Updated: 09/14/2011 01:16P
Republicans Suggest White House Rushed Solar Company's Loans
“It should not take a financial restructuring, bankruptcy and an FBI raid for my colleagues on the other side of the aisle to put politics aside and join us in our efforts,” he said. The FBI seized documents at the company several days ago.
Updated: 09/14/2011 01:14P
Some Progress Reported As Auto Contract Talks Near Deadline
The contract talks are the first since GM and Chrysler needed government aid to make it through bankruptcy protection in 2009. Ashton wrote that "difficult restrictions" have been placed on the union and company as a result of GM's government bailout.
Updated: 09/14/2011 01:13P
White House Defends Clean Energy Loans
At a House hearing today, Republicans not only probed whether politics played a role in the approval of Solyndra's $535 million loan, they also questioned whether the government should be making any loans of this type.
Updated: 09/14/2011 01:13P
Harry & David exits bankruptcy
The Medford-based specialty gifts and food retailer Harry and David Holdings Inc. emerged from bankruptcy Wednesday. The company filed for Chapt. 11 bankruptcy protection in March. Fruit purveyor Harry & David Holdings Inc. said Wednesday it had
Updated: 09/14/2011 01:12P
Saab to face first bankruptcy hearing on September 26th
After being denied protection by the Swedish government, Saab and parent company Swedish Automobile are open to bankruptcy claims with the first such court hearing scheduled for September 26th, 2011 – the day that could very well see the struggling
Updated: 09/14/2011 01:09P
CIT Will Reverse Trend of Shrinking Balance Sheet, Thain Says
14 (Bloomberg) -- CIT Group Inc. will focus on expansion, Chief Executive Officer John Thain said, as the small-business lender reverses its strategy of shrinking the balance sheet since exiting bankruptcy almost two years ago.
Updated: 09/14/2011 01:08P
LSP Cal Holdings I, LLC
The Reporting Person received the shares reported herein in exchange for escrow bonds held by the Reporting Person in connection with the Issuer's Sixth Amended Joint Plan of Reorganization (the "Plan"), which was approved by the US Bankruptcy Court
Updated: 09/14/2011 01:07P
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