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Emails show White House pressure for loan to solar-panel maker
The congressional probe of solar-panel maker Solyndra Inc. exploded at a hearing Wednesday when House Republicans released emails revealing White House pressure for a $535 million federal loan guarantee for the company, which filed for bankruptcy last
Updated: 09/14/2011 03:04P
Eva Longoria's Beso restaurant deal is challenged
Under plans disclosed last month, restaurant and casino operator Landry's Restaurants of Houston has agreed to buy the Beso LLC assets out of bankruptcy for $1 million. A hearing is set for next week on the plan. Longoria would hold a 30 percent stake
Updated: 09/14/2011 03:03P
Treasury Department Watchdog Investigating Solyndra's Loan
14 (Bloomberg) -- The US Treasury Department's inspector general is investigating the Federal Financing Bank's role in providing $527 million of federal financing to Solyndra LLC, a solar-panel manufacturer that filed for bankruptcy protection this
Updated: 09/14/2011 03:02P
Solyndra: House committee grills officials over failed solar firm
The company filed for Chapter 11 bankruptcy Sept. 6. Two days later, agents with the FBI and Energy Department's inspector general served a search warrant at Solyndra's Fremont headquarters. The company's failure and the criminal investigation have
Updated: 09/14/2011 03:01P
Three years after Lehman's collapse, lessons from two deals
Early the next morning, Lehman Brothers announced its bankruptcy filing. Lehman soon sold its investment banking and capital markets operations to Barclays for $250 million. One of these deals has been a success. The other is questionable.
Updated: 09/14/2011 03:01P
Lehman goes after former broker bonuses; Wins third case
Britto joined the investment bank in May 2008, four months before Lehman's collapse, and remained registered with the firm until the investment bank filed for bankruptcy in September 2008. Lehman wants roughly 50 former brokers, some of who were hired
Updated: 09/14/2011 02:58P
GOP Probes Solar Company Failings
The company recently declared bankruptcy and is facing a congressional probe into guaranteed government loans. Two top administration officials said Wednesday they don't know why the FBI raided the federally backed solar energy company President Obama
Updated: 09/14/2011 02:55P
The Post Office is Bankrupt, Just Not Financially
There's been talk recently about the United States Postal Service potentially filing bankruptcy, citing lost revenue and increased cost. The Postal Service, which is older than the Constitution of the
Updated: 09/14/2011 02:53P
Why China And Europe Don't Have a Solyndra Problem
Watching Wednesday morning's Congressional hearing on the Solyndra bankruptcy, it seems clear that the political circus surrounding the failure of the Silicon Valley solar startup that received a $535 million federal loan guarantee will overshadow any
Updated: 09/14/2011 02:51P
Emails show pressure from White House to finalize Solyndra's Department of
The solar energy giant, which is operating with a skeleton staff, had recently filed for bankruptcy. (Maria J. Avila Lopez) The congressional probe into Solyndra's $535 million loan guarantee from the Department of Energy exploded into public view
Updated: 09/14/2011 02:46P
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