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Local Golf Course Developer Pleads Guilty to Bankruptcy Fraud, Money Laundering
CINCINNATI—Golf course and real estate developer Michael R Macke, 61, of Cincinnati, pleaded guilty in United States District Court to one count each of bankruptcy fraud and money laundering. Carter M Stewart, United States Attorney for the Southern
Updated: 09/27/2011 01:15P
The Solyndra curse
But they've plunged following the Solyndra bankruptcy. Europe's debt crisis isn't helping. NEW YORK (CNNMoney) -- To say that the bankruptcy of government-backed solar energy firm Solyndra is a blow to the industry is a massive understatement.
Updated: 09/27/2011 01:15P
Bankruptcy solved
WILMINGTON, Delaware (AP) – The Catholic Diocese of Wilmington has emerged from bankruptcy with the funding of a $77.4 million trust for victims of priest sex abuse. Attorneys told a Delaware bankruptcy judge that a check deposit and wire transfers had
Updated: 09/27/2011 01:14P
Eva Longoria's Beso Set to Close
A Las Vegas bankruptcy judge wasn't favoring the actress and her Las Vegas strip restaurant, as Crystals continues to favor the luxury restaurant Beso and Eve nightclub despite its million dollar losses. While there is already a potential buyer in the
Updated: 09/27/2011 01:06P
Solyndra and Commodity Markets: Volatility Giveth and Taketh Away
Commodity cycles have long been an underestimated peril of technology investments. I remember a college acquaintance in Chicago, an architect who in the early 1970s had a promising idea for a structure for pigs as a more humane and cleaner alternative
Updated: 09/27/2011 01:02P
Golf course developer pleads guilty to bankruptcy fraud, money laundering
A Cincinnati golf course and real estate developer pleaded guilty Tuesday to bankruptcy fraud and money laundering. According to court documents, Michael Macke, 61, over the course of more than 20 years, developed and managed golf courses and developed
Updated: 09/27/2011 01:00P
Church Drops Mortgage for Expansion
"That doesn't mean you can never file bankruptcy. But as Christians, we have an obligation to behave better than the law." Indications are that many have fallen short. Pointing to 200 church foreclosures over the past three years—compared to virtually
Updated: 09/27/2011 12:51P
Prestowitz: The real lessons of Solyndra
As a former director of new product development at Scott Paper Company, I can tell you that any corporation or venture capitalist would be happy if as many as one in ten investments in new products and ventures paid off. The Solyndra loan guarantee of
Updated: 09/27/2011 12:49P
NJ Motorosports park, Millville group settle lawsuit over noise complaints
In an email, one of the principals behind TrackRacket, Millville resident Michelle Post, wrote that "It is a shame that law abiding, taxpaying residents had to risk their financial security on an expensive lawsuit because of the follies of their
Updated: 09/27/2011 12:47P
Dodgers want hearing on team sale delayed until December
Major League Baseball should not get to seek the sale of the Dodgers in Bankruptcy Court until at least Dec. 12 -- and probably later, team attorneys argued in a Tuesday court filing that included references to stars Matt Kemp and Clayton Kershaw.
Updated: 09/27/2011 12:47P
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