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Breakingviews: Madoff trustee earning his eye-popping keep
But that's peanuts compared with the tab for the Lehman Brothers bankruptcy and he's getting creditors more than twice the return on the dollar. By any measure, Picard has exceeded expectations. The outrageousness of Madoff's Ponzi scheme left victims
Updated: 09/22/2011 02:22P
Hoboken University Medical Center unions deny leaving creditor committee
By Summer Dawn Hortillosa / The Jersey Journal Spokeswomen for the Hoboken University Medical Center unions called Mayor Dawn Zimmer's accusations that they walked away from the negotiating table yesterday a "lie." At last night's City Council meeting,
Updated: 09/22/2011 02:19P
ANALYSIS-Greek austerity plan hinges on implementation
In the short term, Finance Minister Evangelos Venizelos's plan, announced on Wednesday, will satisfy troika inspectors to win release of the 8 billion euro loan that Athens needs to pay its bills next month. However, it will also deepen uncertainty
Updated: 09/22/2011 02:14P
Analysis: Greek austerity plan hinges on implementation
In the short term, Finance Minister Evangelos Venizelos's plan, announced on Wednesday, will satisfy troika inspectors to win release of the 8 billion euro loan that Athens needs to pay its bills next month. However, it will also deepen uncertainty
Updated: 09/22/2011 02:13P
Significant victory for Spanish football as new bankruptcy law passed
It's a rare occurrence in Spanish football when something actually gets done, so today when the Spanish House of Representatives approved a significant new facet to the existing Bankruptcy Law, we duly took notice. The amendment brought in details that
Updated: 09/22/2011 02:09P
Trustee for Madoff victims well-worth massive fees
The Lehman bankruptcy, for example, has cost more than $1.4 billion in legal and advisory fees, with the lead law firm billing almost $335 million through August. And the proposed $65 billion settlement plan would pay creditors only about one-fifth of
Updated: 09/22/2011 02:09P
Christie offers $5M if needed to help ease Hoboken hospital sale
Governor Christie has agreed to kick in $5 million, if necessary, to help ease the sale of the Hoboken University Medical Center after bankruptcy negotiations failed and the city council refused to put in additional money.
Updated: 09/22/2011 02:09P
DigiNotar Files Bankruptcy And Mitsubishi Breach
Two significant events have unfolded: DigiNotar, the Dutch Certificate Authority, has filed for bankruptcy and Mitsubishi Heavy Industries, Japan's leading defense contractor, has been breached. DigiNotar was attacked last month which has now resulted
Updated: 09/22/2011 02:07P
Bankruptcy protection for Saab
STOCKHOLM: A Swedish appeals court gave the green light for beleaguered carmaker Saab to reorganise under bankruptcy protection, delaying what had appeared to be the company's imminent demise. "The appeals court reverses the district court ruling and
Updated: 09/22/2011 02:05P
Here's Why I Blog and Will Continue to do so
by anthony002 In the wake of the Solyndra bankruptcy, there has been a headlong rush to make as much political hay as possible. Congressman Dan Burton of Indiana was on television yesterday calling the entire program a "scam".
Updated: 09/22/2011 02:04P
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