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Kodak's lost moment
The firm is also rumoured to be looking at the possibility of calling for bankruptcy protection as a way of digging itself out of its financial troubles. Robert Shanebrook spent more than 35 years working in product management at Kodak.
Updated: 11/03/2011 12:46A
Wall Street Is Shrinking
As Charles Gasparino noted, Corzine is a decent man with a stellar rsum and undoubted success in the world of business and politics, yet he has presided over major failures at Goldman in the 1990s and now at MF. His political career is equally mixed:
Updated: 11/03/2011 12:38A
BC-BBN--Dodgers Bankruptcy,8th Ld-Writethru, BBN
Real estate companies may join in, given the land the Dodgers own in Chavez Ravine that potentially could be developed. Massive amounts of bank financing will have to be arranged. "And you've got plenty of FOBs interested in the Dodgers," Ganis said,
Updated: 11/03/2011 12:36A
Drumm drops attempt to keep $500000 from sale of US home
A hearing which had been scheduled to take place before Boston bankruptcy judge Frank Bailey was cancelled. The bankruptcy official overseeing the liquidation of his assets, Kathleen Dwyer, had objected to Mr Drumm's attempts to claim the exemption.
Updated: 11/03/2011 12:27A
US energy firm that got stimulus grant, loan guarantee, seeks bankruptcy
_ A US company that received a $39 million loan from the Department of Energy before declaring bankruptcy won interim approval Wednesday from a judge to use cash collateral for the loan to help pay operating expenses during its reorganization.
Updated: 11/03/2011 12:07A
Dodgers sale my be record
The team is expected to fetch $1.2 billion to $1.5 billion, according to several sports-finance experts. The auction agreement, reached late Tuesday night, comes after months of acrimony between the two parties, as McCourt struggled to hold on to his
Updated: 11/03/2011 12:05A
Solyndra paid bonuses as bankruptcy neared
Solyndra was awarded a $535 million loan guarantee from the Department of Energy in 2009, and the company's implosion has raised numerous questions about the company's financial health. The Department of Energy agreed to restructure Solyndra's debt in
Updated: 11/03/2011 12:02A
Dodgers saga near an end
The Dodgers and MLB were headed toward a showdown in US Bankruptcy Court in Delaware at the end of the month. Commissioner Bud Selig and MLB took control of day-to-day operation of the team in April over concerns about the team's finances and the way
Updated: 11/03/2011 12:01A
Solyndra executives collected hefty bonuses in months before Fremont...
(Cindi Christie/Contra Costa Times) Senior executives at Solyndra collected hefty bonuses -- ranging from $37000 to $60000 apiece -- as the Fremont company bled cash and careened toward bankruptcy this summer. Bankruptcy documents filed in Delaware
Updated: 11/02/2011 11:59P
CBS 3 Springfield - WSHMDodgers headed to bankruptcy court auction
Just days before the team was expected to miss payroll, the Dodgers filed for bankruptcy protection in late June. The move came after Selig refused to approve a 17-year agreement between the Dodgers' and Fox's Prime Ticket subsidiary that would have
Updated: 11/02/2011 11:55P
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