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Accusations fly in Kerner Optical bankruptcy
Now Kerner Optical itself stands in ruins, its offices closed, its stages empty and its longtime artisans jobless as it goes through Chapter 7 bankruptcy. At first, many assumed the failure of Kerner was just another sad milestone as digital technology
Updated: 09/30/2011 07:03A
How to manage through chaos
Just think of everything that slammed the airline industry from 1972 to 2002: Fuel shocks. Deregulation. Labor strife. Air-traffic controller strikes. Crippling recessions. Interest rate spikes. Hijackings. Bankruptcy after bankruptcy after bankruptcy.
Updated: 09/30/2011 06:54A
Gold rises
A woman is reflected on a mirror inside a gold jewellery shop in the western Indian city of Ahmedabad November 29, 2010. Gold rose more than 1 percent on Friday but was on track for its biggest quarterly gain this year as concerns that the euro zone
Updated: 09/30/2011 06:43A
Algosaibi, Lehman RBS Claim, Fjordbank Mors Sale: Bankruptcy
The move follows a bankruptcy judge's refusal to dismiss the case, according to court filings. Separately, the New York-based former investment bank said creditors holding $140 billion in claims support its liquidation plan that will be considered for
Updated: 09/30/2011 06:41A
Solyndra bankruptcy may not be a total loss for taxpayers
NEW YORK (CNNMoney) -- During the weeks of nasty congressional hearings and even nastier columns in the press since solar panel maker Solyndra declared bankruptcy, it's been widely assumed that the debacle cost the government over half a billion
Updated: 09/30/2011 06:32A
Five Things You Need to Know Today: Sept. 30
On this day in 1927, Babe Ruth broke his own home run record with his 60th bomb of the season. In 1955, James Dean was killed in a car accident at age 24. Cheers premiered on NBC on this day in 1982. And, of course, today is the last
Updated: 09/30/2011 06:31A
G.hn builds momentum with Marvell chip
The ghost of Spain's DS2 rides again, as we always knew it would, post-bankruptcy and being acquired by Marvell, in the form of real silicon for G.hn, the three way "no new wires" technology aiming for a foothold in home networks.
Updated: 09/30/2011 06:17A
What if BofA places Countrywide into bankruptcy?
With reports surfacing recently that Bank of America Corp. has kept the door open to a Countrywide Financial bankruptcy, legal experts say such a move might be a smoother — albeit last-ditch — attempt to fend off the growing legal claims BofA's
Updated: 09/30/2011 06:14A
BMO Harris filing claims bad faith in Kansas City Club building bankruptcy
23 by putting the asset in bankruptcy less than an hour before the sale was supposed to start. BMO Harris Bank alleges that M-Squared Partners LLC's filing was done in bad faith to thwart the building's sale. On Sept. 27, lawyers for BMO Harris,
Updated: 09/30/2011 06:10A
Ambac and rehabilitator reach amended bankruptcy reorganization plan
On September 21, 2011, AFG and the Wisconsin Office of the Commissioner of Insurance, as Rehabilitator of the Segregated Account of AAC, reached an agreement to address outstanding tax and expense issues. This agreement came in response to the
Updated: 09/30/2011 06:04A
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