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Bankruptcy filings among college-educated rising in Abilene
College graduates may be filing bankruptcy at increasing rates, but a local bankruptcy attorney said divorce, medical problems and unemployment remain the most likely reasons for local residents to file for bankruptcy.
Updated: 09/23/2011 12:00A
Solyndra, Social Security show contrasting government views
Earlier this month, Solyndra, the solar panel company that received $535 million in federal loan guarantees and was touted as the symbol of President Barack Obama's “green jobs” initiative, declared bankruptcy and had its offices raided by the FBI.
Updated: 09/22/2011 11:42P
Levine Resigns As PHC CEO
A s part of a plan to put the ailing Peninsula Hospital Center on a solid financial footing, the new owners of the facility have filed for bankruptcy on behalf of both the hospital and the adjacent nursing home.
Updated: 09/22/2011 11:39P
City leaders in Central Falls react to five year plan
Bond holders will be paid in full under a new state law that puts them at the front of the line of creditors in a bankruptcy proceeding. Officials say Central Falls was hard hit by a loss in state aid and expected collections from the Wyatt Detention
Updated: 09/22/2011 11:35P
Town of Washington trying to avoid bankruptcy
However, Mayor Joseph Pitre argues the town is far from declaring bankruptcy. After reviewing the town's budget, auditors are suggesting severe cut-backs but at a public hearing on the issue, Mayor Pitre appeared to have little concern over the
Updated: 09/22/2011 11:35P
East End Matters...
As a condition of the deal with Revival, PHC has filed for bankruptcy on Monday. In addition, ru-mors that the for-profit Revival would change the status of PHC from not-for-profit to for-profit proved to be unfounded. You must be an online subscriber
Updated: 09/22/2011 11:30P
Thousands rally against Greece austerity drive
ATHENS Greek workers staged a 24-hour strike on Thursday bringing the transport system to a standstill in protest against the government's decision to intensify its austerity drive to secure more aid and save the debt-laden country from bankruptcy.
Updated: 09/22/2011 11:10P
GOP attacks green energy in new way
Issa, R-Calif., who chairs the House Oversight and Government Reform Committee, mocked Labor Secretary Hilda Solis' description of a California transit bus driver's job as green. Issa titled the hearing, "How Obama's Green Energy Agenda Is Killing Jobs
Updated: 09/22/2011 10:41P
Obama adviser Axelrod denies any knowledge of Solyndra
CHICAGO (WLS) - Another top aide to President Obama is in Chicago talking about the bankruptcy of the solar power company Solyndra that got a big federal loan guarantee. WLS Radio's Bill Cameron has the story. David Axelrod – Obama's former senior
Updated: 09/22/2011 10:37P
Greeks protest against new austerity measures
As well as cutting pensions and extending a real estate tax rise, the cabinet said it would put 30000 civil servants in "labor reserve" this year, cutting their pay to 60 percent and giving them 12 months to find new work in the state sector or lose
Updated: 09/22/2011 10:28P
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