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DOE loan officer testifies to Congress on Solyndra
Jonathan Silver, head of the Department of Energy loan guarantee program that granted a $535 million guarantee to Solyndra before the company declared bankruptcy, testified in Congress Wednesday in a hearing broadcast live on CSPAN.
Updated: 09/14/2011 06:37P
House Republican: 'Somebody should be fired' over Solyndra bankruptcy
Republicans made it clear Wednesday that they intend to continue shining a spotlight on the bankruptcy of a solar company that received a $535 million loan guarantee from the Obama administration. Rep.
Updated: 09/14/2011 06:36P
Righthaven, Terrorizer of Bloggers, May File for Bankruptcy
Wired has this story about Righthaven, the company that contracted with various newspapers to seek out blogs that re-print newspaper stories in full, and then sue those blogs. For example, Righthaven sued Independent Political Report, and IPR had to
Updated: 09/14/2011 06:33P
Former Ga. county clerk sentenced to prison
A former north Georgia county clerk has been sentenced to federal prison for tax evasion and bankruptcy fraud. The woman, 62-year-old Becky M. McCord, served as Dawson County clerk from 1993 until 2010. She was sentenced on Wednesday to two years in
Updated: 09/14/2011 06:33P
Bujak says wife misleads court over Rolex
by AP CALDWELL -- Ex-Canyon County Prosecutor John Bujak says his estranged wife wants to cause him pain by claiming in US Bankruptcy Court that he'd hidden a Rolex watch from trustees. Bujak, once a star among southwestern Idaho Republicans,
Updated: 09/14/2011 06:32P
Ga. man accused of stealing from student-athletes
By AP | September 14, 2011 ATLANTA (AP) — Federal prosecutors say a Fayetteville, Ga., man stole more than $400000 in an alleged sports travel scheme involving several colleges across the country. Dale Brannan was arraigned Wednesday and faces federal
Updated: 09/14/2011 06:32P
CBS Atlanta 46Ga. man accused of stealing from student-athletes
Entertainment News from AP ATLANTA (AP) - Federal prosecutors say a Fayetteville, Ga., man stole more than $400000 in an alleged sports travel scheme involving several colleges across the country. Dale Brannan was arraigned Wednesday and faces federal
Updated: 09/14/2011 06:32P
Fremont's Clean-Tech Plans Hit as Solar Firm Fails
Earlier this month, Solyndra LLC, the Fremont solar company that is one of the region's largest solar employers, abruptly closed its doors and filed for bankruptcy protection. Last week, agents from the Federal Bureau of Investigation also raided
Updated: 09/14/2011 06:30P
Barclays Wins Ruling Against Lehman in Fight Over Bonuses
14 (Bloomberg) -- Barclays Plc defeated a bid by Lehman Brothers Holdings Inc. to recover $500 million from the British bank in a dispute over the bankruptcy sale of Lehman operations in 2008. Lehman said Barclays was required to pay $2 billion in
Updated: 09/14/2011 06:28P
Euro zone crisis? It's more like Armageddon
Then came the Troubled Asset Relief Program, which authorized the Treasury to buy up to $700-billion (US) of clapped-out assets, such as dud real estate loans, from financial players. Somehow it worked and the markets were spared a global banking
Updated: 09/14/2011 06:28P
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