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Blossman Bancshares files bankruptcy, First NBC agrees to buy Central...
As part of a series of deals to facilitate the transfer and deal with bad loans on Central Progressive's books, the Lacombe bank's parent company, Blossman Bancshares Inc., filed for Chapter 11 bankruptcy reorganization Wednesday in federal court in
Updated: 10/27/2011 01:47P

Here We Go Again: Taxpayers On the Hook for $74 million After Tech Company
The company Open Range, backed by a commitment of $267 million in loans from the Agriculture Department, filed for bankruptcy this month. Taxpayers are on the hook for $74 million that the upstart hasn't repaid. And now the company, some analysts and a
Updated: 10/27/2011 01:47P

APNewsBreak: Govt pushes solar energy in West
AP Entertainment News Video By MATTHEW DALY AP WASHINGTON (AP) - The Obama administration has identified 17 areas in six western states as prime candidates for solar energy projects on public lands. Interior Secretary Ken Salazar says the plan refines
Updated: 10/27/2011 01:39P

Blossman Bancshares files bankruptcy, First NBC agrees to buy Central
As part of a series of deals to facilitate the transfer and deal with bad loans on Central Progressive's books, the Lacombe bank's parent company, Blossman Bancshares Inc., filed for Chapter 11 bankruptcy reorganization Wednesday in federal court in
Updated: 10/27/2011 01:35P

Lehman Brothers Wins Dismissal of 'Minibond' Appeal
Lehman Brothers Holdings Inc. (LEHMQ) won dismissal of an appeal by so-called minibond investors who tried to overturn a bankruptcy judge's ruling in the defunct firm's favor.
Updated: 10/27/2011 01:10P

Harrisburg, Pa: a city at war with itself
Looking for a way to resolve $300 million in debt, the city council defied Thompson and voted to file for bankruptcy this month. Not only did a majority of the council go against the mayor's wishes, but the council members also decided not to even tell
Updated: 10/27/2011 01:00P

Downtown Portsmouth project files for bankruptcy protection
The developers of Montgomery Square in downtown have filed for bankruptcy protection to avoid a foreclosure sale today on part of their $18 million project. An auction on a large portion of the properties, which comprise almost an
Updated: 10/27/2011 12:59P

EU Pact Does Little to Lift Greek Spirits
ATHENS—Most Greeks didn't share in the relief after European Union leaders reached an agreement aimed at saving their country from bankruptcy and the 17-nation euro zone from a deepening financial crisis.
Updated: 10/27/2011 12:59P

EpiCenter to get court-appointed management trustee
CHARLOTTE, NC (WBTV) - The EpiCentre in uptown Charlotte will experience a management change soon, now that a US Bankruptcy Court judge appointed a trustee to oversee the complex, the Charlotte Business
Updated: 10/27/2011 12:58P

Madoff family may keep $82M, thanks to Mets ruling
“These arguments implicate the questions about how to integrate the securities and bankruptcy laws,” Judge Rakoff wrote in an order. Under securities law, some withdrawals from a brokerage firm may be protected from clawbacks, he has said.
Updated: 10/27/2011 12:53P

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