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Lehman Bankruptcy 3 Years Later; French Banks Remain in Top 10
The bankruptcy of Lehman Brothers and the failure of the U.?S. Government to save it will likely go down as the biggest single mistake since the Smoot Hawley Tariff triggered the Great Depression. Prior to Reserve Primary Fund "?breaking the buck"
Updated: 09/15/2011 12:13A
UAW, GM and Chrysler continue talks as contract deadline nears; progress
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 the bailout.
Updated: 09/15/2011 12:13A
Congress probing 'rushed' loan OK
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: 09/15/2011 12:11A
Chrysler unlikely to reach deal with UAW; GM still negotiating past deadline
As an agreement at GM and Chrysler nears, various communities are laying the groundwork to capture thousands of new jobs expected in the contract. For example, mayors and economic development leaders from the Spring Hill, Tenn., region,
Updated: 09/15/2011 12:10A
It's over: La Grange closes tonight
14, 2011, following the company's bankruptcy. snapshots.mysuburbanlife.com/1321800 By Lloyd Nelson, lnelson@mysuburbanlife.com Borders will close its doors for the final time at 9 pm tonight, meaning it's residents last chance to purchase heavily
Updated: 09/15/2011 12:07A
Chrysler unlikely to reach deal with UAW; GM still negotiating
As an agreement at GM and Chrysler nears, various communities are laying the groundwork to capture thousands of new jobs expected in the contract. For example, mayors and economic development leaders from the Spring Hill, Tenn., region,
Updated: 09/15/2011 12:05A
Lehman loses bid to get $500 million from Barclays
“The court sides with Barclays,” Judge James Peck wrote in his ruling filed in US bankruptcy court in New York. “The Lehman motion is baseless.” “The parties... never agreed on a definitive single number for bonus compensation,” Peck said.
Updated: 09/15/2011 12:04A
Solyndra loan defended
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: 09/15/2011 12:04A
Chrysler is unlikely to reach an agreement on a new contract with the United
Still, if a deal is reached with may give a long-awaited glimpse into what the post-bankruptcy Detroit auto industry -- and union -- will look like. In the days ahead, the deal will be scrutinized by autoworkers, Wall Street and the taxpayers and
Updated: 09/15/2011 12:01A
Obama turns up the heat, America jumps out of the pot
In driving the economy and the country off a cliff, President Obama has performed one useful function: he has woken up a lot of previously ignorant people to the complete intellectual and moral bankruptcy of liberalism. After all, it doesn't take a
Updated: 09/14/2011 11:58P