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If Greece Defaults...
What will a Greek bankruptcy mean to the US economy? US banks have little direct exposure to the Greek economy, only about $5 billion. The problem is indirect exposure. European banks, particularly those in Germany and France, own large amounts of
Updated: 09/25/2011 11:11P
Corrections & Amplifications
A photo of UK Treasury chief George Osborne incorrectly appeared with a quotation from German Finance Minister Wolfgang Schuble and vice versa in a graphic accompanying an article in Saturday's edition about the International Monetary Fund's annual
Updated: 09/25/2011 11:00P
Renewable risks
The latest projects, backed by federal loan guarantees (assuring creditors they'll be repaid if a project fails), also involve solar power. The government has hired SolarCity to work at 124 US military bases over the next five years, installing solar
Updated: 09/25/2011 10:51P
'Greek default would destroy faith'
Berlin - Allowing Greece to default on its debt now would destroy investor confidence in the euro zone and might spark contagion like that experienced after the bankruptcy of Lehman Brothers in 2008, German Chancellor Angela Merkel said on Sunday.
Updated: 09/25/2011 10:18P
Under fire, EU works to bolster debt crisis fund
WASHINGTON - European policymakers, stung by criticism for failing to stem the euro zone debt crisis, began working on new ways to stop fallout from Greece's near-bankruptcy from inflicting more damage on the world economy.
Updated: 09/25/2011 10:09P
FinTech Global Signs Sponsorship Deal With Suncity
(8910), which has filed for bankruptcy protection. The investment and banking firm, which is listed on the Tokyo Stock Exchange's Mother's market, aims to use its business reconstruction expertise to rebuild the condominium marketing firm.
Updated: 09/25/2011 09:27P
ECB fights to avoid role in euro zone rescue fund
WASHINGTON (Reuters) - European policymakers, stung by criticism for failing to stem the euro zone debt crisis, began working on new ways to stop fallout from Greece's near-bankruptcy from inflicting more damage on the
Updated: 09/25/2011 09:17P
California Democratic Party among Solyndra's creditors : 2011-09-25
Just two years ago, the company received federal loan guarantees of more than $500 million, money it burned through but hasn't repaid. Because of a subsequent loan restructuring, taxpayers won't be repaid before the private investors who poured $75
Updated: 09/25/2011 09:11P
Scrambling for a solution
WASHINGTON - European policymakers, stung by criticism for failing to stem the euro zone debt crisis, began working on new ways to stop fallout from Greece's near-bankruptcy from inflicting more damage on the world economy.
Updated: 09/25/2011 08:47P
Newsmaker Sunday: Cost of College, Bankruptcy
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Updated: 09/25/2011 08:45P
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