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CBS Atlanta 46House probing $528M loan to failed solar company
The company has since filed for bankruptcy, leaving taxpayers on the hook for the $528 million loan. Solyndra Inc. was a major presence in Washington and spent millions lobbying the federal government, particularly about the Energy Department's loan
Updated: 09/14/2011 03:49P
Dallas Stars expected to file bankruptcy as early as tonight
The Stars landed in bankruptcy after Hicks Sports Group defaulted on $525 million in loans in 2009. The hockey club declined to comment. But sources close to the club said that team officials are confident about the deal and it is expected to move
Updated: 09/14/2011 03:46P
Innkeepers Allowed to Extend Control Over Bankruptcy Case
14 (Bloomberg) -- Innkeepers USA Trust won approval to extend control over its bankruptcy case amid a dispute with Cerberus Capital Management LP and Chatham Lodging Trust over whether they will buy 64 of its hotels. The new deadline to file a Chapter
Updated: 09/14/2011 03:45P
Harry & David: Bankruptcy out, jobs in
Today, Harry & David emerged from bankruptcy and now it's looking to hire thousands of employees. This announcement comes just in time before the company's 2011 holiday season. Harry & David Holdings, Inc. has completed its reorganization efforts.
Updated: 09/14/2011 03:43P
Q: Whatever happened to Paul Ossmann, the 11 Alive weatherman?
A: Ossmann, who was let go from 11 Alive (WXIA-TV) on July 22, recently passed his real estate license exam and is now selling homes. Ossmann said he was informed during a station job evaluation last December that research indicated his popularity had
Updated: 09/14/2011 03:42P
Creditors' attorneys in archdiocese bankruptcy attack cemetery trust
Attorneys for the creditors in the Archdiocese of Milwaukee bankruptcy are attacking the validity of its $50 million cemetery trust, saying it was created in 2007 to defraud victims of clergy sex abuse.
Updated: 09/14/2011 03:41P
Solyndra bankruptcy: Did White House press for subsidies?
Solyndra bankruptcy is causing Congress to look into how the solar manufacturer got federal subsidies. The Energy Department restructured the loan seven months before the Solyndra bankruptcy. This photograph shows exterior view of Solyndra headquarters
Updated: 09/14/2011 03:40P
(Source: cleantechnica.com)
Emails from government employees were found, and are raising questions about the Obama administration's actions back when Solyndra was given the loan. According to The Washington Post, the emails contained warnings from government employees about the
Updated: 09/14/2011 03:40P
UAW Says GM Talks at 'Critical Stage' as Ford Deadline Extended
The UAW, which is seeking a record signing bonus, agreed not to strike GM or Fiat SpA-controlled Chrysler Group LLC in these negotiations as part of the automakers' 2009 bankruptcy. While four-year contracts with all three US automakers expire at 11:59
Updated: 09/14/2011 03:36P
US 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 the $527 million federal loan guarantees to Solyndra LLC, a solar-panel manufacturer that filed for bankruptcy protection this month.
Updated: 09/14/2011 03:36P