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Daniel Howes
But give the mayor points for being honest instead of trafficking in the rank cynicism of passionate partisan politics. "It's the cash-flow issue that is forcing the problem," says the mayor's communications director, Steve Serkaian.
Updated: 11/04/2011 03:00A
A smart and balanced reform approach
The 21st Century Postal Service Act provides the president and Congress the most sensible plan to rescue the United States Postal Service from likely bankruptcy. By allowing the mammoth government agency to explore its entrepreneurial potential,
Updated: 11/04/2011 02:52A
The lessons from Vallejo's bankruptcy
Three years and five months after sky-high compensation costs and unchecked deficits prompted Vallejo to declare bankruptcy, a federal court this week cleared the Bay Area city of 117000 to move out of Chapter 9 status. Vallejo's bankruptcy should be
Updated: 11/04/2011 02:37A
Prium founders respond to accountant's review
“The Examiner's presumption, unfortunately, shows a striking lack of understanding of bankruptcy law, or, alternatively was designed to achieve a result sought by the Unsecured Creditors Committee,” the formal response read. The document also addresses
Updated: 11/04/2011 02:32A
Well-told tale in 'Margin Call' offers sobering look at Wall Street meltdown
"Margin Call" is a crafty look at bankruptcy of both the financial and moral varieties. A smart script and a quality cast show what the hours before the 2008 financial crisis began may very well have looked like.
Updated: 11/04/2011 02:27A
Victims allege con men sunk funds in MF Global
Federal court records show MF Global, which filed for bankruptcy-court protection on Monday, was sued in January by the trustee seeking assets for victims of Long Island ex-con scammer Nicholas Cosmo. Cosmo was sentenced last month to 25 years in
Updated: 11/04/2011 02:27A
Lessons in money matters
We were on the brink of bankruptcy. Our debts to national and international creditors had skyrocketed and there was no solution in sight. At that time, we did not quite understand what was going on and why. But now three years later, after we have
Updated: 11/04/2011 02:17A
'Chapter Eleven', the corporate tale that wasn't
Chapter 11, which in legal terms means filing for bankruptcy, is the central theme of this supposed peek-a-boo into the corporate world. The title is apt and justified as it won't even take you 11 chapters to figure out that the book is a result of
Updated: 11/04/2011 02:04A
PhillyInc: $100 suits? For some, Syms never went out of style | Philadelphia
In my case, word Wednesday that the discount retailer Syms Corp. had filed for bankruptcy - and intends to close forever - hit my closet. Half of the dozen suits or sportcoats that I own have come from Syms over the years. Most of the rest came from
Updated: 11/04/2011 02:04A
Friday Newspaper Review - Irish Business News and International Stories
By Finfacts Team The Irish Independent reports that mortgage holders are in line for two more interest rate cuts after yesterday's reduction, giving a total saving of 90 a month on the average home loan. A second cut is now expected as early as
Updated: 11/04/2011 01:46A
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