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Administration restructured solar loan for donor
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 ahead of taxpayers for
Updated: 09/18/2011 12:23A
'Still an empty feeling inside after two years' Former Pace Airlines employees
Some employees have had to file for personal bankruptcy to fend off creditors wanting mortgage, car and other payments. Many have had to move into smaller housing to balance their sharply reduced family income. The downfall was overseen by William
Updated: 09/18/2011 12:19A
Ex-Pace workers still grasping for closure
Some employees have had to file for personal bankruptcy to fend off creditors wanting mortgage, car and other payments. Many have had to move into smaller housing to balance their sharply reduced family income. The downfall was overseen by William
Updated: 09/18/2011 12:13A
Bright idea's rocky road
It ended production 10 months later, costing 110 employees their jobs. The company sought bankruptcy court protection in August, and on Sept. 28 the plant and its production equipment will be auctioned off. Efforts to build a solar energy industry in
Updated: 09/18/2011 12:07A
Obama's Jobs Act Speeds Global Bankruptcy
I wish the President's Jobs Act could turn around our economy and put people back to work. Like most Americans, we want the President to be successful. But wishful thinking won't make it so. Let's take an honest, dispassionate look at the President's
Updated: 09/18/2011 12:05A
Pace's slow legal process painful for former employees
The company was forced into Chapter 7 bankruptcy by creditors in January 2010. Rodgers faces one count of willful failure to pay group health-insurance premiums — a Class H felony. He has been out of jail on a $50000 secured bond.
Updated: 09/18/2011 12:04A
Frank McCourt Proposes a Media Rights Auction
In a last-ditch effort to keep the Los Angeles Dodgers, owner Frank McCourt proposed an auction for the team's media rights, according to documents filed Friday in bankruptcy court.
Updated: 09/17/2011 11:36P
Solar loan deal favored donors
AP WASHINGTON - The Obama administration restructured a half-billion dollar federal loan to a troubled solar-energy company in such a way that it put private investors - including a fund-raiser for President Obama
Updated: 09/17/2011 11:20P
State senator calls for investigation into Hoboken hospital allegations
14 calling for an investigation into the bankruptcy declaration of the hospital's operator. According to a report in The Star Ledger, former HUMC attorney Donald Scarinci alleged that the city board that oversees the hospital withheld money to force a
Updated: 09/17/2011 11:15P
Chili Cook-Off proceeds to benefit Treatment Center
For the past 18 years, the Kilgore Community Crisis Center was the principal beneficiary of proceeds raised from the annual East Texas Oilmen's Chili Cook-Off. After the Crisis Center filed for bankruptcy this week, money raised by the cook-off this
Updated: 09/17/2011 09:55P