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Harrisburg: bankruptcy vs rescue
Pennsylvania's capital, Harrisburg, filed for bankruptcy in a desperate bid to resolve its debt crisis. It is rare but the US State of Pennsylvania is poised to take over its capital city Harrisburg. The move is designed to pay-off a
Updated: 10/20/2011 08:43P
Zenith Infotech CEO: Debt Issue Won't Sink Company
Partners should be first concerned about their clients' data and whether bankruptcy or other disruptions could harm cloud backup of their client data. Missing in all the reporting out there is exactly how Indian bankruptcy law works.
Updated: 10/20/2011 08:43P
Greece adopts cuts, protests turn deadly
Greek MPs have passed a deeply resented new austerity bill, caving in to the demands of international creditors in order to avoid a national bankruptcy, as a second day of riots left one protester dead and more than 100 people wounded.
Updated: 10/20/2011 08:43P
Catching Up: Theater sets stage to exit bankruptcy
Ocean County's Surflight Theatre is expected to emerge from bankruptcy later this year, theater officials said Thursday. Timothy Lacsynski, executive producer for the Beach Haven theater, said it is possible the entertainment venue will emerge from
Updated: 10/20/2011 08:40P
Governor Moves to Take Fiscal Control of Pennsylvania's Capital
The Council has repeatedly rejected efforts by Mayor Linda D. Thompson to impose a financial recovery plan, and last week, it filed a Chapter 9 petition in federal bankruptcy court, a move that Ms. Thompson and Mr. Corbett immediately declared illegal.
Updated: 10/20/2011 08:38P
Saab Overseer Asks Out Amid Shaky Financing
STOCKHOLM—The court-appointed administrator overseeing Saab Automobile AB's reorganization has asked that his appointment be terminated, owner Swedish Automobile NV said Thursday, a move that would end the car maker's bankruptcy
Updated: 10/20/2011 08:22P
More Cuts in Greece; Riots Leave 100 Hurt
(ATHENS, Greece) — Greek lawmakers passed a deeply resented new austerity bill Thursday, caving in to the demands of international creditors in order to avoid a national bankruptcy,
Updated: 10/20/2011 08:15P
More cuts voted in Greece
AP ATHENS, Greece -- Greek lawmakers passed a deeply resented new austerity bill Thursday, caving in to the demands of international creditors in order to avoid a national bankruptcy. The austerity measures won 154-144 in the 300-member parliament
Updated: 10/20/2011 08:09P
'Margin Call' doesn't get to the center of the crisis
Three years after the bankruptcy of Lehman Brothers helped start a spiral that still hasn't stopped, the question remains mostly unanswered. The new film "Margin Call" is an ambitious attempt to explain not how the financial crisis unfolded,
Updated: 10/20/2011 08:05P
What's Happening in Harrisburg?
Harrisburg's Mayor and City Council failed to come up with a financial recovery plan, which leading to a contentious decision to file for Chapter 9 bankruptcy protection. At this point, the bankruptcy filing is being contested by the State,
Updated: 10/20/2011 07:50P
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