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Beware of fund-raising attempts from conductor with fraudulent history
Twice the Sacramento Symphony Association went into bankruptcy, Chapter 11 in 1992 and Chapter 7 in 1996. Now, after an interregnum of three years involving two other orchestral enterprises, a new Sacramento Symphony, not linked to the original in any
Updated: 10/13/2011 02:54P
Congressional hearing to focus restructuring of Solyndra's debt
"What was the extent of the Department of the Treasury's involvement in the review of the Solyndra loan guarantee at the time of conditional commitment, at closing, and at restructuring?" asked a background memo by Republicans on the committee's
Updated: 10/13/2011 02:53P
Harrisburg, Pa., Has Filed For Bankruptcy, Proving It's Either Service Debt Or
Sadly for Harrisburg, it has been attempting to struggle out of its financial troubles outside of bankruptcy. In my opinion the next few years will see a severe weakening of the taboo against municipal bankruptcies, as local government officials face
Updated: 10/13/2011 02:53P
Solyndra's CEO Steps Down
Solyndra CEO Brian Harrison, who refused to answer questions from Congress about his solar startup's high-profile bankruptcy, has left the company, according to a new court filing. Oh, good. This will give Solyndra a chance to bring in some fresh blood
Updated: 10/13/2011 02:52P
Lautenberg Foundation Seeks to Pursue Suit Against Peter Madoff
The town of Fairfield, Connecticut, said yesterday that Picard and the bankruptcy court have no right to stop its suit against the Madoff family after the HSBC decision. Safra National Bank of New York and Rye Select Broad Market XL Portfolio Ltd.,
Updated: 10/13/2011 02:51P
Harrisburg, Pennsylvania's Incinerator: A Story of Unintended Consequences
The announcement on Wednesday that the City Council of Pennsylvania's capital city, Harrisburg, voted to file for bankruptcy was the latest in a long series of federal mandates, bad luck, and poor planning that has plagued the city since the early
Updated: 10/13/2011 02:50P
CEO Of Solar Company Solyndra Resigns
by AP The CEO of a California solar energy company that sought bankruptcy protection after receiving a $528 million loan guarantee from the Obama administration has resigned. Solyndra Inc. said in papers filed in Delaware bankruptcy court Wednesday
Updated: 10/13/2011 02:49P
CEO of troubled energy company Solyndra resigns
(AP Photo) DOVER, Delaware - The CEO of a California solar energy company that sought bankruptcy protection after receiving a $528 million loan guarantee from the Obama administration has resigned. Solyndra Inc. said in papers filed in Delaware
Updated: 10/13/2011 02:47P
Pennsylvania's state capital seeks bankruptcy protection: court filing
PHILADELPHIA, Pennsylvania--Pennsylvania's state capital Harrisburg has declared bankruptcy, according to a court filing seen on Wednesday, raising the specter of a string of local defaults across the United States. The city — whose finances have been
Updated: 10/13/2011 02:46P
Brian Harrison, Solyndra CEO, resigns amidst bankruptcy proceedings
(AP) — The CEO of a California solar energy company that sought bankruptcy protection after receiving a $528 million loan guarantee from the Obama administration has resigned. Solyndra Inc. said in papers filed in Delaware bankruptcy court Wednesday
Updated: 10/13/2011 02:40P
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