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Michael McCann: Dodgers deal is a victory for Selig, and a warning for other teams
AP After insisting for months that he would fight commissioner Bud Selig in bankruptcy court to keep the Dodgers, Frank McCourt has relented and agreed to a settlement that ends the litigation and calls for a court-supervised process to sell the team
Updated: 11/02/2011 03:05P
Non-US MF Global positions wound down
While US customers of MF Global are still basically frozen out or on liquidation-only awaiting word from the bankruptcy judge and CME Group, MF Global's designated self regulatory organization (DSRO), non-US exchanges have begun liquidating positions
Updated: 11/02/2011 03:02P
Vallejo Out Of Bankruptcy
Facing large deficits and a revenue crisis, the City Council filed for bankruptcy protection in 2008. Since then, the city of 120000 has closed fire stations and cut funding to senior centers, libraries and public works to save money, and worked to
Updated: 11/02/2011 02:57P
Parr Says Capital Rules Will Lead to Lower Bank Returns (Video)
Parr also discusses Federal Reserve monetary policy, Europe's sovereign debt crisis and MF Global Holdings Ltd.'s filing for bankruptcy protection. He speaks with Deirdre Bolton on Bloomberg Television's "Money Moves." (Source: Bloomberg) Gary Parr,
Updated: 11/02/2011 02:52P
Federal judge releases Vallejo from bankruptcy
A federal judge released the historic Northern California town from bankruptcy Tuesday, putting an end to Vallejo's three-year bout as one of the nation's first and largest bankrupt cities. Located about 30 miles northeast of San Francisco,
Updated: 11/02/2011 02:51P
Frank McCourt sells Dodgers
The sale will be verified first by the Bankruptcy Court in order to see whether McCourt can put the team to auction or not and then, Blackstone Group LP will manage the sale. The team was declared bankrupt in June and yet, Frank waited several months
Updated: 11/02/2011 02:51P
Ally CEO says company may not support its mortgage unit
The comments come after reports that Bank of America has considered putting its Countrywide mortgage unit into bankruptcy. The fact that bank executives are considering putting home loan businesses into bankruptcy reflects just how much of an albatross
Updated: 11/02/2011 02:51P
KCTV 5Syms-Filene's seeks bankruptcy protection
(Source: WHDH/CNN) BOSTON (WHDH/CNN) - The discount department store chain Syms has filed for bankruptcy protection. The company operates 25 Syms and 21 Filene's Basement stores. It plans to shut down all 46 stores by the end of January.
Updated: 11/02/2011 02:50P
Syms-Filene's seeks bankruptcy protection
(Source: WHDH/CNN) BOSTON (WHDH/CNN) - The discount department store chain Syms has filed for bankruptcy protection. The company operates 25 Syms and 21 Filene's Basement stores. It plans to shut down all 46 stores by the end of January.
Updated: 11/02/2011 02:49P
Filene's, Syms File for Bankruptcy
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Updated: 11/02/2011 02:48P
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