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Repurchase Agreement Rates Climb After MF Global Bankruptcy
2 (Bloomberg) -- The rate to borrow and lend US government securities rose to an almost two-week high as demand for repurchase agreements declined after MF Global Holdings Ltd. declared bankruptcy and more securities entered the marketplace following
Updated: 11/02/2011 11:41A
Germany warns Greece over eurozone rescue deal
The eurozone plan to save Greece from bankruptcy is not up for renegotiation, Germany has warned, ahead of emergency talks with Greece and France. Chancellor Angela Merkel said Germany would make it clear in talks with the Greek PM that the plan was
Updated: 11/02/2011 11:40A
Frank McCourt, MLB agree to process to sell LA Dodgers
The announcement came as the Dodgers and MLB were headed toward a showdown in US Bankruptcy Court in Delaware at the end of the month as mediation between both sides was ongoing. McCourt and baseball Commissioner Bud Selig have traded barbs since MLB
Updated: 11/02/2011 11:39A
Swedish zoo bankruptcy leaves crocs 'homeless'
The bankruptcy of a Swedish zoo has left three endangered crocodiles homeless and lawyers struggling to find someplace new for them to live. “We can't put them down, they're endangered,” Peter Rimo, a lawyer administering the bankruptcy of the
Updated: 11/02/2011 11:35A
Dodgers, MLB agree to court-supervised sale of team
The announcement came as the Dodgers and MLB were headed toward a showdown in US Bankruptcy Court in Delaware at the end of the month as mediation between both sides was ongoing. McCourt and baseball commissioner Bud Selig have traded barbs since MLB
Updated: 11/02/2011 11:33A
For sale: Dodgers
McCourt filed for bankruptcy protection in June after the league blocked a 17-year television deal with Fox that McCourt insisted he needed to keep the team financially viable. “There comes a point in time when you say, 'It's time,'” a person familiar
Updated: 11/02/2011 11:32A
U.S. Banks Growing Despite Euro Crisis: Analyst
Staite makes a case that Wells Fargo(WFC), PNC Financial(PNC)and US Bancorp(USB) "are growing corporate loans as they take market share from foreign banks that are shedding US dollar exposures." These three players all saw loan growth of about 3% in
Updated: 11/02/2011 11:31A
Frank McCourt's Exit Brings Relief To Dodgers Fans
The embattled owner who took the Dodgers into bankruptcy is no more, which makes this a time for celebration. Cautious celebration. A company called the Blackstone Group LP will manage the court supervised sale of the team, and all parties hope to have
Updated: 11/02/2011 11:30A
Freedom Communications sells WPEC-CBS12, other stations
Freedom emerged from bankruptcy in April 2010 with $325 million in debt, some of which has been paid down in the last 18 months. The privately-held company began pursuing strategic alternatives for its properties about a year ago.
Updated: 11/02/2011 11:30A
Syms, Filene's Basement file Chapter 11
SEACAUCUS, NJ (AP) - Discount retailer Syms Corp. and its subsidiary Filene's Basement have filed for Chapter 11 bankruptcy protection and plan to liquidate their operations. Syms had acquired Filene's Basement out of bankruptcy protection in the
Updated: 11/02/2011 11:29A