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Jefferson County debt deal close, not certain
AP The Associated Press BIRMINGHAM -- 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.
Updated: 09/17/2011 05:04A
SWSDA bankruptcy: How to develop an economy
THE BANKRUPT South West Shore Development Authority isn't the only case in Nova Scotia's recent history of a government entity gone horribly and expensively wrong. But it's sure one of the worst examples of poor governance and how costly that can be
Updated: 09/17/2011 05:02A
Money issues close Kilgore Crisis Center
“What I know is they have filed for bankruptcy,” Trest said. She said she was aware that Bob Caster, who was director of the Kilgore Crisis Center, made a plea to the community asking for donations to help ease a debt of what she understood was $137000
Updated: 09/17/2011 05:01A
Dodgers' TV rights to be sold
Fox Sports holds exclusive negotiating rights for another year and has threatened to sue for damages if the Dodgers solicit other offers before then. Neither Fox nor Major League Baseball commented on the filing Friday. The Dodgers say it would be able
Updated: 09/17/2011 04:50A
Conservatives attack Obama over supposed Solyndra scandal
A loan guarantee of many millions of dollars was granted by the government, but in September 2011 the company suspended its operations and filed for bankruptcy. The Solyndra case is being trumpeted as a 'scandal' by conservative media outlets.
Updated: 09/17/2011 04:32A
EU finance ministers debate finance tax
AP European Union finance ministers are debating a tax on financial transactions that would raise money for the EU and make banks share bailout burdens with taxpayers. The tax would take a tiny fraction from a wide range of financial dealings and use
Updated: 09/17/2011 04:28A
MINISTERS DELAY BAIL-OUT DECISION
Europe's finance ministers prolonged the agony for Greece and the eurozone yesterday by delaying a decision on more bail-out cash for the country. The move came in the midst of mounting speculation that Greece is heading for bankruptcy, defaulting on
Updated: 09/17/2011 04:24A
Bankruptcy prevented for county in Alabama
Robert Bentley said he would work with lawmakers to pass the necessary laws. "It may have been easier for the commission to file for bankruptcy, but this settlement will result in a much better deal for the ratepayers and citizens of Jefferson County
Updated: 09/17/2011 04:09A
Solyndra loan favored some
WASHINGTON — 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 — moved
Updated: 09/17/2011 04:03A
Ala county to settle debt, rather than bankruptcy
Largest Ala. county approves framework for debt settlement rather than file record bankruptcy By The Associated Press BIRMINGHAM, Ala. (AP) ' Alabama's largest county has approved the framework for a settlement with Wall Street over $3.1 billion in
Updated: 09/17/2011 04:02A
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