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Solyndra distracts the White House
Instead, many eyes are now squarely focused on the solar-panel manufacturing company, Solyndra, which recently declared bankruptcy. At issue: Did the Obama administration influence and rush a federal review of a $500-million-dollar loan to the company
Updated: 09/15/2011 11:28A

What's Happening WIth the Redevelopment of St. Vincent's Right Now
On the last episode of the redevelopment of St. Vincent's, a judge had approved the bankruptcy sale of the site to Rudin Management and North Shore-LIJ Hospital. The Journal has an update on where things stand now with the project, a useful refresher
Updated: 09/15/2011 11:27A

Post Office Battles To Avoid Bankruptcy; Will Make Itself Even Less Relevant
Facing a massive shortfall, the United States Postal Service is considering closing over 250 processing centers, which would slow mail delivery by a day and result in the elimination of 35000 jobs. Currently a first class letter is expected to be
Updated: 09/15/2011 11:23A

Alabama county faces bankruptcy decision over debt
ATLANTA (Reuters) - Alabama's Jefferson County will decide on Friday whether to declare bankruptcy over its $3.14 billion bond debt and there are hints the outline of a deal with creditors may be possible. The county has three times deferred making a
Updated: 09/15/2011 11:23A

Lehman loses bid to recoup $500M from Barclays
NEW YORK (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 Manhattan,
Updated: 09/15/2011 11:22A

Oil rises as concerns ease for eurozone
And fears of a Greek bankruptcy subsided as France and Germany reaffirmed their support for the country, insisting that it remains an "integral" part of the eurozone. Greece relies on emergency funds from the European Union. The news pushed the dollar
Updated: 09/15/2011 11:20A

Bankruptcy an Option for Financially Distressed Community Associations
Fellow blogger Dan Vasquez wrote a story about the Spa at Sunset Isles bankruptcy this week. Recently there was a terrific ruling in that case. The Court required lenders to pay the association for protecting their collateral – payments from lenders
Updated: 09/15/2011 11:13A

Rogue trader suspected in $2 billion loss at UBS
He graduated from the University of Nottingham in 2003 with a degree in E-commerce and digital business, the university said. According to Philip Octave, Adoboli's former landlord, he lived in an expensive loft on Brune Street for several years before
Updated: 09/15/2011 11:09A

Why We Can't Let Solyndra Failure Kill Support for Solar
The solar firm Solyndra filed for bankruptcy two weeks ago -- two years after it received a $535 million loan from the US government. Immediately, the firm's Chapter 11 filing became the major story in the clean energy community, and it continues to
Updated: 09/15/2011 11:08A

Judge rejects Boise County's bankruptcy filing
An Idaho county that was hit with a $4 million verdict in December for violating the Fair Housing Act has failed to convince a bankruptcy judge that it cannot pay the award and still provide basic services to its residents. Judge Terry L. Myers of the
Updated: 09/15/2011 11:07A

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