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Is Bank of America about to put Countrywide into bankruptcy?
Possibly...bankruptcy? This is from Bloomberg: The option of seeking court protection exists because the Charlotte, North Carolina-based bank maintained a separate legal identity for the subprime lender after the 2008 acquisition, said the people,
Updated: 09/16/2011 02:29P
4 Mouthwatering Stocks Others Ignore
One place you can find yourself alone is the Island of Post-Bankruptcy Companies. Companies emerging from bankruptcy emit an odor of failure. Investors stay away or, if they care at all, they take the wait-and-see approach, which almost always means
Updated: 09/16/2011 02:28P
Lehman Tries to Intercept Claim in Giants Case
For months the failed bank and a financing unit of the National Football League franchise have been squabbling over how to value the $301.8 million claim the Giants made in Lehman's bankruptcy case. But now an attorney for Lehman says the bank has been
Updated: 09/16/2011 02:26P
Alabama county backs terms to settle $3.14 bln debt
But the terms included the option that the county could still file for bankruptcy if final details were not definitively agreed. They also foresaw the creation by the Alabama state legislature of an independent public company to run the county sewer
Updated: 09/16/2011 02:24P
'Fuel price hike reflects UPA bankruptcy of ideas'
New Delhi: Criticising the hike in petrol prices and the proposal to limit supply of subsidised LPG, Janata Party president Subramanian Swamy on Friday said the moves are a clear indication of UPA government's "bankruptcy of ideas" and that it is time
Updated: 09/16/2011 02:24P
Jefferson County votes to settle debt, avoid bankruptcy
Leaders of Alabama's largest county Friday approved a framework for a settlement with Wall Street over $3.1 billion in debt from a sewer system overhaul gone bad, avoiding the possibility of immediately filing the largest municipal bankruptcy in US
Updated: 09/16/2011 02:22P
Memphis financier B. Lane Carrick files for personal bankruptcy
Memphis financier B. Lane Carrick has filed for personal bankruptcy liquidation, listing assets of $500000 to $1 million, and liabilities of $1 million to $10 million. Carrick, a founder of Triumph Bank in Memphis, was the chief
Updated: 09/16/2011 02:20P
Jefferson County Approves Deal With Creditors
Jefferson County, Alabama, commissioners approved a settlement with holders of $3.14 billion of sewer debt to avert what would have been the largest municipal bankruptcy in US history. The County Commission voted 4-1 today to accept the terms of the
Updated: 09/16/2011 02:17P
Ala. county to settle debt, rather than bankruptcy
Alabama's largest county has approved the framework for a settlement with Wall Street over $3.1 billion in debt, avoiding the possibility of immediately filing the largest municipal bankruptcy in US history. Jefferson County Commissioners voted Friday
Updated: 09/16/2011 02:16P
Alabama's largest county to settle debt, avoid bankruptcy
Leaders of Alabama's largest county Friday approved a framework for a settlement with Wall Street over $3.1 billion in debt from a sewer system overhaul gone bad, avoiding the possibility of immediately filing the largest municipal bankruptcy in US
Updated: 09/16/2011 02:15P
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