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Cash-Strapped Cities File For Bankruptcy
Audio for this story from Talk of the Nation will be available at approx. 6:00 pm ET.
Updated: 10/20/2011 02:36P
Bankruptcy looms larger for Saab
Beleaguered Swedish carmaker Saab says the administrator of its reorganisation plans to ask the court to halt the process, in a move that could force the company into bankruptcy. Guy Lofalk, who has been appointed by the Vaenersborg district court in
Updated: 10/20/2011 02:29P
1 dead in Greek riots, government faces dissent
But Greece's international creditors, meanwhile, warned that the second rescue package may not be enough to save the country from bankruptcy, according to a draft of a debt inspectors' report obtained Thursday by The Associated Press in Berlin.
Updated: 10/20/2011 02:15P
Pa. Gov. Corbett moves toward Harrisburg takeover
The steps by the Republican governor are, for now, running alongside a City Council petition _ filed in defiance of Corbett _ seeking federal bankruptcy protection in hopes of forcing creditors to forgive a substantial portion of Harrisburg's debt.
Updated: 10/20/2011 02:13P
Gov. Corbett moves toward unprecedented state takeover of financially troubled
make installment payments on an approximately $300 million debt largely tied to a trash incinerator drove it into the Act 47 program, which is designed to help financially distressed cities recover without filing for federal bankruptcy protection.
Updated: 10/20/2011 02:12P
Bankruptcy Court Announces Ruling for BankUnited Financial Corporation on
MIAMI--(EON: Enhanced Online News)--BankUnited Financial Corporation, a Florida corporation and debtor-in-possession (the “Company”), announced that the United States Bankruptcy Court for the Southern District of Florida on October 19, 2011 announced a
Updated: 10/20/2011 02:09P
Ruling party MP rejects part of austerity law
ATHENS Oct 20 (Reuters) - A ruling party deputy voted against a key labour law provision in Greece's austerity bill on Thursday, defying government warnings that rejection of any part of the legislation could lead to the country's bankruptcy.
Updated: 10/20/2011 02:07P
Horizon Bancorp Reports Record Quarter and Year-to-Date Earnings
MICHIGAN CITY, Ind.--(BUSINESS WIRE)--Horizon Bancorp (NASDAQ: HBNC) today announced its unaudited financial results for the three and nine month periods ended September 30, 2011. “Expanding Horizon's overall loan activity continues to be a challenge
Updated: 10/20/2011 02:01P
State steps up oversight of indebted Harrisburg
In an effort to stave off the state takeover, a group of Harrisburg council members last week filed a bankruptcy petition for the city. But beginning with New York City's fiscal crisis in the 1970s, the tradition has been for US states to forestall
Updated: 10/20/2011 02:00P
Your Tax Dollars At Work- Feds Step In To Fund Auto Parts Suppliers Pension Plan
The US Bankruptcy Court in New York overseeing the remnants of Metaldyne Corp. approved the VEBA plan on Monday. Most of the company emerged from bankruptcy in 2009 as Metaldyne LLC. Your Tax Dollars At Work - Feds Step In To Fund Auto Parts Suppliers
Updated: 10/20/2011 01:42P
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