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Selig Bends Rules to Fit as Baseball Attempts to Oust McCourt From Dodgers
The Mets also have debt issues, which began in 2001, when real estate investor Fred Wilpon bought out former co-owner Nelson Doubleday with $138 million in borrowed money. A decade later, according to Bloomberg data, Wilpon had $375 million of team
Updated: 10/24/2011 12:17A
Political columnist: KORUS will drive Rust Belt car factories toward anti
Faced with certain bankruptcy, President Obama and Democrats in Congress fought tooth-and-nail to give a new life to the American auto industry and its workers, who have seen the deck stacked against them for the better part of this
Updated: 10/23/2011 11:37P
Savers Protect Your Deposits From Bankrupting Banks and Quantitative Inflation
The 2008 Lehman's bankruptcy irrevocably changed the financial world as within a matter of days a chain reaction of the worlds banks and insurers were on the verge of going bust, pushing the world towards financial armageddon as the following video
Updated: 10/23/2011 10:42P
In other airline, hotel & travel industry news last week…
An airline analyst predicts American Airlines could file bankruptcy in 2012. He points to the fact that American is “on track to lose $1.2 – $1.4 billion in 2011 and $1 – $1.3 billion in 2012.” The carrier's cash position is also less than ideal and
Updated: 10/23/2011 10:29P
Huge debt may bankrupt tiny Mascotte
The conversation often turns to the city's gloomy finances and whether Mascotte should merge with neighboring Groveland to avoid bankruptcy. "I don't want my city to die," said the 74-year-old James. "This is my city, and I love it.
Updated: 10/23/2011 09:36P
On Point with Chris Papst - Capital Crisis II
“Those attorneys from our creditors are going to sue us out the wazoo before we get into bankruptcy court. That is not a good plan for residents.” Earlier this year, the state passed a law restricting Harrisburg's ability to file for bankruptcy.
Updated: 10/23/2011 09:20P
Follow From the Wires
(AP) — Attorney General Eric Holder says too many in Alabama “are willing to turn their backs on our immigrant past.” Referring to Alabama's recently enacted immigration law, Holder told the audience gathered at Birmingham's 16th Street Baptist Church
Updated: 10/23/2011 09:12P
Smith: Cook Islands Asset Protection Trust Results In Special Circumstances
Although this opinion is a year old, I stumbled on it while looking for something else and thought that it is timely considering the Mortensen case and the issue of involuntary bankruptcy. Contrary to popular misunderstanding, the primary purpose of
Updated: 10/23/2011 08:32P
Rivals for Kentucky auditor cast each other as too flawed
One candidate seeking Kentucky's top taxpayer-watchdog post is a Republican real estate developer who is campaigning for a debt-free state while in the midst of a personal bankruptcy. The other is a Democratic business consultant and former chief of
Updated: 10/23/2011 08:25P
Rivals cast each other as too flawed
One candidate seeking Kentucky's top taxpayer-watchdog post is a Republican real estate developer who is campaigning for a debt-free state while in the midst of a personal bankruptcy. The other is a Democratic business consultant and former chief of
Updated: 10/23/2011 08:22P
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