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Greece announces more cuts
Greece has announced further cuts after pledging to do "anything" to stay in the eurozone and unlock bankruptcy-saving loans, but unions announced new strikes against the painful austerity measures being imposed. Pensions above 1200 euros ($A1,600) a
Updated: 09/21/2011 02:42P
Greece announces new austerity, unions vow strikes
Greece said it would deepen pension cuts, extend a painful property tax hike and put tens of thousands of workers on notice today to secure a new injection of aid and save the country from bankruptcy. With public anger high over a belt-tightening
Updated: 09/21/2011 02:38P
Greece Announces New Austerity Measures
Greek Minister of Finance Evangelos Venizelos delivers his speech during a parliament session, in Athens, on Wednesday, ... Read MoreSept. 21, 2011.Greece will have to take fresh austerity measures, the debt-ridden country's finance minister said
Updated: 09/21/2011 02:38P
Teresa Giudice Feels 'Vindicated' Now That She Can Pay Her Debts: Attorney
When Teresa and Joe Giudice first filed for bankruptcy in 2009, listing a staggering $11 million in debt, their obstacles seemed insurmountable. But now, an attorney for the Real Housewives of New Jersey star says she feels
Updated: 09/21/2011 02:35P
Greece announces more cuts as unions strike back
Pensions above 1200 euros ($1650) per month will be cut, 30000 state employees will be temporarily laid off and the revenue exemption on annual taxes will be reduced to 5000 euros, the government said in a statement. The measures "should enable to
Updated: 09/21/2011 02:31P
ESA Agrees to Wait with Icesave Court Decision
The EFTA Surveillance Authority (ESA) has agreed with the reasoning of the Icelandic government that it is right to wait for documents on the bankruptcy estate of Landsbanki before making a decision on whether the Icesave dispute should be taken to
Updated: 09/21/2011 02:30P
US Attorney opposed to sale of Hoboken hospital unless new owners assume
US Attorney Paul Fishman said city officials are asking a bankruptcy judge to absolve the prospective owners of any potential reimbursements for overpayments by the federal government under Medicare to the hospital, the letter states.
Updated: 09/21/2011 02:28P
WaMu Ruling May Change Big Bankruptcy Negotiations
A Delaware bankruptcy judge's ruling in the case rejecting the company's reorganization plan could chip away at the funds' underlying investing strategy and change how large restructurings are negotiated, according to legal experts.
Updated: 09/21/2011 02:26P
Hoboken council members request more info before bond vote
HOBOKEN – Mayor Dawn Zimmer needs to convince at least one of her non-allies on the City Council to approve a $5 million bond ordinance for a bankruptcy settlement, or, according to Zimmer, the hospital will be forced to close.
Updated: 09/21/2011 02:22P
BB&T Demands FDIC Protection from Colonial Bank Suit
BB&T is now asking the bankruptcy court to ensure the FDIC lives up to that alleged promise as the Winston Salem, NC, bank prepares to defend itself in a lawsuit related to ownership of a Florida real-estate investment trust.
Updated: 09/21/2011 02:15P
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