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Solyndra auction brings out the bargain hunters
To some people, the bankruptcy of the solar-module maker Solyndra shows the folly of government trying to pick winners in technology markets. To others, the furor over its $535 million federal loan guarantee represents an attack on the solar industry
Updated: 11/01/2011 02:29P
MF Global stock to be delisted by NYSE
1 (Bloomberg) -- The New York Stock Exchange plans to delist shares of MF Global Holdings Ltd., citing its bankruptcy filing and third-quarter loss. MF Global “is no longer suitable for listing,” according to NYSE Regulation Inc., a unit of NYSE
Updated: 11/01/2011 02:27P
Europe scrambles to avoid chaos
Shock: Greek Prime Minister George Papandreou calls for a national referendum on an EU deal to save the country from bankruptcy. His plan to put the deal to a vote has panicked Europe's leaders and global markets. Source: AFP ANGRY EU leaders are
Updated: 11/01/2011 02:27P
MF Global Exec Admits Firm Used Client Funds
Law360, New York (October 31, 2011, 6:23 PM ET) -- An MF Global Holdings Ltd. executive has reportedly admitted to federal regulators that the troubled broker-dealer used clients' money as bankruptcy loomed, apparently in violation of
Updated: 11/01/2011 02:27P
MF Global reportedly says it did not separate customers' money
MF Global Holdings Ltd., the futures broker that filed for bankruptcy protection on Monday, has admitted to using its clients' money as its financial troubles mounted, Associated Press has reported, citing a US official. An MF Global executive made the
Updated: 11/01/2011 02:24P
Bankruptcy Court Confirms Perkins & Marie Callender's Inc.'s Plan of
Confirmation of the Plan clears the way for the Company to emerge from bankruptcy by the end of November in a significantly strengthened financial position. Jay Trungale, the chief executive officer of the Company, said, "The Bankruptcy Court's
Updated: 11/01/2011 02:24P
Global Financial Crash Imminent, MF Global Is The First Of Many!
Molly has zero expertise in this area however, below is a stunning article by Ann Barnhart who argues that the collapse of MF Global IS the beginning of a 'planned' crash of the entire financial system. For your own financial safety and future,
Updated: 11/01/2011 02:22P
Ruden McClosky files for Chapter 11
Ruden McClosky , once among the largest law firms in Florida, filed for Chapter 11 bankruptcy Tuesday, declaring $4.6 million in debt to Wells Fargo Bank . The firm plans to dissolve while about 50 attorneys join another Fort Lauderdale-based firm,
Updated: 11/01/2011 02:22P
Deloitte Assumes Control of Insolvent MF Global's Business in Australia
Deloitte's Australian unit is now administrating the Australian operations of broker-dealer firm MF Global, which recently filed for chapter 11 bankruptcy in the US due in part to its holdings of sovereign European debt. Deloitte has taken control of
Updated: 11/01/2011 02:21P
Jets Quarterback Mark Brunell's Catastrophic Financial Path
His most ponderous financial disaster was in Champion LLC, a company that invested in high-end real estate properties. That may have worked out great had the housing market not soured over the course of Brunell's NFL career.
Updated: 11/01/2011 02:18P
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