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White House defends solar firm's loan at hearing
The Fremont firm's bankruptcy has embarrassed the administration and given a black eye to its push for "green jobs" and alternative energy. Solyndra's plant closed Aug. 31 and nearly all its 1179 workers were fired. The FBI raided the plant last week
Updated: 09/14/2011 07:16P

Fayetteville exec accused of defrauding college athletes
Dale Brannan, 65, was indicted this week on federal bank fraud, mail fraud and bankruptcy fraud charges as head of Transports Athletics and later Sports Tours and Tournament Specialists Inc. None of the universities Brannan is accused of defrauding is
Updated: 09/14/2011 07:13P

Solyndra scandal is probed
Apex, NC (NBC) - A California company's bankruptcy could present problems for President Obama's new jobs bill. Solyndra, a solar energy company, accepted more than $500000 as part of the first stimulus plan. Recently it went out of business,
Updated: 09/14/2011 07:11P

Solyndra loan: Is the White House in trouble?
The White House granted the solar-panel manufacturer Solyndra a $500 million loan, but the company recently announced bankruptcy. Chat with reporter Steve Mufson about the time line of the company, the government loan process, the White House's
Updated: 09/14/2011 07:07P

Private Media Group to Hold Special Board Meeting Friday
Another scenario would have the board considering whether the company should seek protection under federal bankruptcy laws. But Gonzalez, who earlier this month told the 12 counsel representing claimants and defendants that "nothing shocks me anymore"
Updated: 09/14/2011 07:05P

Community Crisis Center in Kilgore files for bankruptcy, closes
Executive Director Bob Caster tells KETK the center filed for Chapter 7 bankruptcy due to outstanding debts from the 2007-2008 fiscal year. "We paid off a lot of bills ... we were about $200000 in the hole when I came a year and a half ago.
Updated: 09/14/2011 07:03P

Obama administration agreed to Solyndra loan days after insiders foresaw
Some 1100 workers immediately lost their jobs and creditors now are circling in bankruptcy proceedings, where taxpayers come second to private investors. The company that the Obama administration had helped catapult from relative obscurity to poster
Updated: 09/14/2011 07:02P

Lehman loses bid to recoup $500 million from Barclays
NEW YORK, Sept 14 (Reuters) - A bankruptcy judge has denied Lehman Brothers Holdings Inc's attempt to recover from Barclays Plc $500 million it alleges was supposed to go toward employee bonuses. In a ruling lodged Wednesday in US Bankruptcy Court in
Updated: 09/14/2011 07:01P

The solution to this debt crisis may lie three years in the past
It was in the early morning of 15 September, three years ago today, that the US investment banking giant Lehman Brothers filed for bankruptcy. In the following 72 hours, almost every area of the credit markets succumbed to dysfunction,
Updated: 09/14/2011 07:00P

Solyndra Scandal Continues To Grow For White House
View Enlarged Image The scandal over the bankruptcy of Solyndra, once touted by the White House as the leading edge of its green jobs program, deepened Wednesday as new details emerged regarding its $527 million in federal loan guarantees.
Updated: 09/14/2011 06:58P

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