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Romney's weak answer on banks and TARP
Europe's largest banks are on the verge of bankruptcy. Contagion has spread to the US And the global financial system is on the brink. What would you do differently than what President Bush, Henry Paulson, and Ben Bernanke did in 2008?
Updated: 10/12/2011 11:56A
Harrisburg, Pa. asks bankruptcy for 'overwhelming debt'
Pennsylvania's financially distressed capital is seeking Chapter 9 bankruptcy, citing overwhelming debt, but Harrisburg's mayor and top city lawyer said the filing signed by a City Council member was not legal. The petition filed Tuesday night listed
Updated: 10/12/2011 11:55A
Harrisburg seeks bankruptcy, citing 'overwhelming debt'; petition signed by
Pennsylvania's financially distressed capital is seeking Chapter 9 bankruptcy, citing overwhelming debt, but Harrisburg's mayor and top city lawyer said the filing signed by a City Council member was not legal. The petition filed Tuesday night listed
Updated: 10/12/2011 11:54A
Cost To Insure Pennsylvania Debt Rises On Harrisburg Filing
NEW YORK (Dow Jones)--The cost to insure Pennsylvania municipal bonds against default rose Wednesday after a council for Harrisburg, the state's ninth-largest city, filed for bankruptcy protection Wednesday.
Updated: 10/12/2011 11:54A
State Sen. Jeffrey Piccola: Harrisburg City Council bankruptcy vote is "illegal"
By ERIC VERONIKIS, The Patriot-News Harrisburg City Council's vote to seek municipal bankruptcy protection is illegal under state law and will only push the city closer to state receivership, state Sen. Jeffrey Piccola, R-Dauphin County, said in a news
Updated: 10/12/2011 11:51A
Cerberus, Innkeepers Trial Over Purchase Delayed to Oct. 20
The trial will begin Oct. 20, Innkeepers lawyer Dan Donovan said today in US Bankruptcy Court in Manhattan, after it was delayed twice yesterday. The start date was initially postponed from Oct. 10, when two people with knowledge of settlement talks
Updated: 10/12/2011 11:50A
Bankruptcy provisions commenced
The new bankruptcy provisions contained in the Civil Law (Miscellaneous Provisions) Act 2011 were commenced yesterday. The Act has been in force since 2 August. The new provisions allow for automatic discharge on the 12th anniversary of a bankruptcy
Updated: 10/12/2011 11:44A
After Solyndra, solar boondoggles continue
The bankruptcy of California solar panel maker Solyndra, which received a $535 million federal loan guarantee, isn't the only solar boondoggle, Loren Steffey of the Houston Chronicle writes in his business column. This is only a preview.
Updated: 10/12/2011 11:42A
City of Harrisburg seeks bankruptcy for 'overwhelming debt'
Pennsylvania's financially distressed capital is seeking bankruptcy with a court filing signed by a member of the City Council. The petition filed late Tuesday on behalf of Harrisburg's city council cites “overwhelming debt” and lists about $458
Updated: 10/12/2011 11:41A
Harrisburg, Pa., council votes to seek bankruptcy amid struggle over
(AP) -- The City Council voted in favor of a municipal bankruptcy filing after rejecting financial recovery plans put forward by state officials and Harrisburg's mayor. But the way forward for the cash-strapped capital remains clouded while
Updated: 10/12/2011 11:40A
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