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Frank McCourt Close to Agreement on Dodgers Sale: Report
Dodgers owner Frank McCourt appears close to an agreement with Major League Baseball on a bankruptcy settlement that includes the sale of the team, according to the Times' report. McCourt would have some control over the sale, the Times, citing sources
Updated: 11/01/2011 09:53A
MF Global bankruptcy shows regulatory resolve
While the collapse is expected to be handled under pre-Dodd Frank bankruptcy laws and under the Securities Investor Protection Corp., it may signal that regulators are prepared to take earlier action when they see uncovered financial risks.
Updated: 11/01/2011 09:53A
Lehman Bros. Sells Stake in Offices to Goldman Sachs to Pay Creditors
“Early on in the bankruptcy process, we had determined that the portfolio's unique blend of well-leased operating assets with as-of-right redevelopment potential and a fully-entitled development site would be poised to attract significant interest from
Updated: 11/01/2011 09:51A
Hundreds Of Millions Missing At MF Global
MF Global, the former futures brokerage arm of the Man Group, filed for bankruptcy yesterday after it became clear that hundreds of millions of dollars of customer money was missing. The revelation of the missing money scuttled a proposed deal to sell
Updated: 11/01/2011 09:51A
Report: Regulators Probe Missing Cash at MF Global
The emergence of an investigation is the latest bad news for New York-based MF Global, which is run by former Goldman Sachs (GS) Chairman Jon Corzine and on Monday filed for the eighth largest bankruptcy in US history. According to The New York Times,
Updated: 11/01/2011 09:50A
FHA Loans Near Record Lows – 30 Year Fixed Starting at 3.750%
The firm filed for bankruptcy yesterday, the ninth largest bankruptcy of all time. It current trends continue, we could see mortgage rates test their all-time lows this week. Are you a renter looking to take advantage of today's low rate environment?
Updated: 11/01/2011 09:50A
Winn-Dixie plans five new stores: Grocer returns to growth mode
Winn-Dixie Stores Inc. became a much smaller supermarket chain when it went through Chapter 11 bankruptcy reorganization in 2005 and 2006. Even though the Jacksonville-based company has been spending money to remodel
Updated: 11/01/2011 09:49A
Today's Questions for the President
reports that Beacon Power Corp. filed for bankruptcy this week, only one year after receiving a $43 million loan guarantee from the Department of Energy. The New York Times reports that an auditor for Nevada Geothermal Power, which received at
Updated: 11/01/2011 09:47A
Major US banks will have “manageable” post-MF Global bankruptcy exposure
Major banks, including JPMorgan and Deutsche Bank, face a manageable amount of MF Global exposure, say analysts, after the brokerage firm filed for bankruptcy on Monday due to its high level of sovereign debt holdings. “In light of the bankruptcy
Updated: 11/01/2011 09:46A
Bonds soar as stock losses fuel safety buying
Investors also jumped in to buy bonds to square up positions from overall poor performance in October, while the bankruptcy of futures broker MF Global added to the risk-off trade. Major stock indices fell 2 percent or more after rallying strongly this
Updated: 11/01/2011 09:45A
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