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Business Briefs: Sept. 17
A preliminary deal approved Friday with Wall Street bankers would allow Alabama's most populous county to avoid the embarrassment of filing the largest municipal bankruptcy in US history. But to help bail their local government out of $3 billion in
Updated: 09/16/2011 10:59P
Obama fundraiser linked to loan program that aided Solyndra
"This will fuel more questions, and now you've got real people involved at the inspector-general level who will be turning over chairs and cabinets, asking questions," said Stanley Brand, a criminal defense and ethics lawyer in Washington who has
Updated: 09/16/2011 10:49P
Alabama County Avoids Bankruptcy With Deal
Jefferson County, Ala., has avoided the largest municipal bankruptcy in US history. Above, a general view of the city of Birmingham, Ala. Officials in Jefferson County, Ala., voted Friday to accept a deal with holders of $3.14 billion of
Updated: 09/16/2011 10:45P
Bankruptcies
Wayne Everett Corbin and Margaret Anne Corbin, aka Peggy Corbin. Amarillo. Chapter 7 nonbusiness/consumer. Harry Lee Sullivan and Carisa Rhea Sullivan, aka Carisa Rhea Thompson. Amarillo. Chapter 7 business. Terry Lynn Riley and Debbie Marie Riley.
Updated: 09/16/2011 10:39P
Dodgers want to auction TV rights
The Los Angeles Dodgers have asked a federal bankruptcy judge to approve procedures for the team to auction its local television rights for the 2014 season and beyond. In a 37-page motion filed Friday with US Bankruptcy Judge Kevin Gross,
Updated: 09/16/2011 10:19P
Solar Firm Bankruptcy Turns Up Heat on WH
The collapse of a California solar panel manufacturer raises new questions about President Obama's push for alternative energy -- and whether White House pressure played a role in a loan guarantee that has taxpayers on the hook for millions. (Sept.
Updated: 09/16/2011 10:05P
Reports of the Death of Solar are Highly Exaggerated (Take Action)
“The solar company Solyndra filed for bankruptcy last month, which media reports have depicted as the end of solar power in the US This is like saying there is no future for the internet because Netscape went out of business.” Love this.
Updated: 09/16/2011 10:03P
KUSI News Weather Sports San Diego Obama admin reworked Solyndra loan to favor
AP WASHINGTON (AP) - The Obama administration restructured a half-billion dollar federal loan to a troubled solar energy company in such a way that private investors - including a fundraiser for President Barack Obama
Updated: 09/16/2011 09:50P
Charges: State university, others bilked by travel agent
Dale Brannan, 65, was arraigned Wednesday and faces federal charges of bank fraud, mail fraud, bankruptcy fraud and making a false declaration in a bankruptcy filing. According to federal prosecutors, Brannan operated a company called Transports
Updated: 09/16/2011 09:49P
Lehman in deal with Europe affiliate
Late last month, the failed bank's $65 billion payback plan was cleared by a US Bankruptcy Judge for creditors' vote, clearing a major hurdle in the path to ending the biggest bankruptcy in US history. Lehman must still meet certain financing and other
Updated: 09/16/2011 09:47P
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