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Jefferson County Commissioners meet again to try and solve sewer debt
(AP) - Commissioners in Alabama's largest county are again trying to resolve a long-running debt crisis and avoid filing the largest municipal bankruptcy in US history. The Jefferson County Commission meets Friday to consider a possible settlement with
Updated: 09/16/2011 11:02A
Europe stalls on crisis, resisting US pressure
AP Business Writers AP Photo/Czarek Sokolowski WROCLAW, Poland (AP) -- Eurozone finance ministers resisted US pressure to provide a decisive solution to the debt crisis on Friday, saying they would delay until
Updated: 09/16/2011 11:01A
CIT shopping $1 bln commercial loan portfolio
CIT Group Inc. /quotes/zigman/579893/quotes/nls/cit CIT -1.40% is looking to rid itself of a $1 billion commercial loan portfolio as part of an ongoing effort to right its ship after emerging from bankruptcy protection in late 2009,
Updated: 09/16/2011 10:57A
Beyond Solyndra: DOE Invests Big Time in Next Generation of Eco-Stars
We're all reading some uncomfortable reports in the news today about Solyndra, the solar company that declared bankruptcy last month and is now the target of a House investigation. It's tough to see good people and good intentions dragged before a
Updated: 09/16/2011 10:53A
CIT Group Shopping $1B Commercial Loan Portfolio
Most of the portfolio that CIT is selling consists of senior secured loans, with some junior secured loans, these people said. The loan positions are in about 72 companies, including ones sponsored by private equity firms, such as Welsh Carson Anderson
Updated: 09/16/2011 10:45A
Bankruptcy judge approves $30 million sale of Olsen's Mill assets | The Republic
A federal bankruptcy judge has approved a sale of assets that gives Archer Daniels Midland capacity to store 20 million bushels of grain in Wisconsin. The Decatur, Ill., company is buying assets and property of Olsen's Mill and Olsen Brothers
Updated: 09/16/2011 10:45A
Sen. Wyden asks Obama to protect US solar industry from cheap Chinese products
You might have noticed in the news recently that three US photovoltaic companies have filed for bankruptcy. One of the chief things mentioned in each filing was competition from stemming from cheap photovoltaic cells and modules being manufactured in
Updated: 09/16/2011 10:36A
The Cheat Sheet, September 16
Curious: 5 weeks before it declared bankruptcy, Solyndra sold its Accounts Receivable and Inventory to an entity called Solyndra Solar II. This company had been registered in Delaware just the day before. Because of the sale, these assets are not
Updated: 09/16/2011 10:35A
Solyndra Bankruptcy Could Impact All Renewables
The federal government's rush to approve a loan guarantee for Solyndra, and the company's ensuing bankruptcy shouldn't be regarded as a sign that all renewable energy projects are risky investments. By Rona Johnson | September 16, 2011 I guess we know
Updated: 09/16/2011 10:34A
Souper Salad, Grandy's parent files for bankruptcy
The parent company to Souper Salad and Grandy's brand filed for Chapter 11 bankruptcy protection Thursday. SSI Holding Group Corp, which is based in Lewisville, said it was “exploring strategic alternatives for the business,” according to Nation's
Updated: 09/16/2011 10:34A
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