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'Too Big to Fail' author Sorkin talks Wall Street, government intervention at
In rapid succession, the federal government authorized an $85 billion bailout of the insurance firm AIG; Bank of America bought out the flailing brokerage house Merrill Lynch; and the financial services firm Lehman Brothers filed for bankruptcy.
Updated: 10/19/2011 04:18A
Rangers, Cardinals unlikely foes
Fifteen months ago the Texas Rangers were in bankruptcy (courtesy of an owner named Tom Hicks, whom fans of Liverpool FC will remember with a warm and fuzzy glow). As for the St Louis Cardinals, six weeks ago they were 10 games out of the wild-card
Updated: 10/19/2011 04:16A
Two-day strike in Greece against austerity
Greek unions on Wednesday launched a two-day general strike in an all-out effort to block a new austerity bill that parliament must pass this week to forestall a state bankruptcy. Most of the country's professional classes joined the walkout including
Updated: 10/19/2011 03:53A
It's time to join up the dots
We know several things: the economy is poised on the brink of bankruptcy; growth forecasts are gloomy – some might say dire – with the possibility of negative growth next year very real;
Updated: 10/19/2011 03:22A
Greeks begin 2-day general strike
Greek unions launched a two-day general strike on Wednesday in an all-out effort to block a new austerity bill that parliament must pass this week to forestall a state bankruptcy. Most of the country's professional classes joined the walkout,
Updated: 10/19/2011 03:07A
Pa. Senate passes Harrisburg takeover | Philadelphia Inquirer | 2011-10-19
Corbett on Tuesday, as the state worked to get a bankruptcy filing by the city thrown out of federal court. It is unclear how the measure will affect the city, now that a City Council petition is in federal bankruptcy court, pending a Nov.
Updated: 10/19/2011 03:06A
Lewis: Activist warned city not to trash its finances
One reason Harrisburg, Pa., filed for bankruptcy is that nobody ever listens to the dead. Charles Chivis used to wear a sign that read "I'm dying of cancer and I know it." And, "We're killing our children with dioxin.
Updated: 10/19/2011 03:03A
UB40 goes bust
The bankruptcy orders, the website claims, come after the band's record firm and Management Company DEP International failed and the band experienced an acrimonious argument over finances. The problems for the band, according to Debt Management Today,
Updated: 10/19/2011 03:00A
Start of two-day anti-austerity general strike shuts down Greece
ATHENS: Greek unions on Wednesday launched a two-day general strike in an all-out effort to block a new austerity bill that parliament must pass this week to forestall a state bankruptcy. Most of the country's professional classes joined the walkout
Updated: 10/19/2011 02:57A
Fair Finance estate might grow by $1 million
The dollar amounts were disclosed Tuesday morning in a monthly status hearing via teleconference in US Bankruptcy Court in downtown Akron. Trustee Brian Bash also will be sending out as many as 15 more “demand letters” seeking reimbursement of money
Updated: 10/19/2011 02:33A
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