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Leader of Bankrupt Church Won't Give up His Limo
Just because the glistening, gaudy megachurch he founded is about to be sold in bankruptcy does not mean that fancy religious man/teevee preacher Rev. Dr. Robert H. Schuller should have to give up his limo driver. God wants him to have a limo driver.
Updated: 11/04/2011 06:21A
ABC Skips Subpoena of Obama Emails on Solyndra Funding
Thursday's World News on ABC skipped the congressional decision to subpoena White House emails related to the Solyndra solar energy company that went into bankruptcy after receiving tax dollars. The CBS Evening News gave the story 22 seconds,
Updated: 11/04/2011 06:21A
Credit Derivatives and Leverage Sank Jon Corzine's MF Global
The Bankruptcy Code apparently conflicts with the Commodity Exchange Act, so customers of MF Global have less protection than they otherwise might have had. In the past, the exchanges and CFTC "always" moved customer positions before a Futures
Updated: 11/04/2011 06:21A
Source: Morgan Keegan reduced bids after MF Global filing
(RF)'s Morgan Keegan brokerage unit lowered bids by at least $200 million after financing markets deteriorated and MF Global Holdings Ltd. filed for bankruptcy. According to Bloomberg.com, sources who asked not to be identified because talks are
Updated: 11/04/2011 06:16A
Going, going, gone
Richmond-based Caring Transitions was hired by the bankruptcy trustee handling the Fergusons' case to hold a four-day estate sale at the couple's 6100-square-foot home on Three Chopt Road beginning Nov. 17. That sale will include furniture and antiques
Updated: 11/04/2011 06:14A
SunPower, First Solar Reorganize as Prices, Demand Decline
4 (Bloomberg) -- SunPower Corp. and First Solar Inc., the two largest US solar manufacturers, will reorganize as increased competition from China drives down prices and pushes weaker companies into bankruptcy. SunPower is seeking to cut operating
Updated: 11/04/2011 06:05A
Personal insolvencies continue to decline
In April this year, the Insolvency Service changed the DROs so that pension pots were not included as assets, the same rules applied to IVAs and bankruptcies, which grew the popularity of the process and may have had an impact on bankruptcy numbers.
Updated: 11/04/2011 05:59A
Personal insolvencies down, but remain historically high
She added: "There is no longer such a stigma surrounding bankruptcy or personal debt problems, but the experience can be traumatic." Worryingly, the number of company insolvencies in England and Wales was up 6.5% year-on-year to 4242.
Updated: 11/04/2011 05:47A
Keeping it local: Porter Square Galleria's recent refinancing highlights a
The trend marks a ray of hope for many landlords burdened by complex loan arrangements and underwater properties that were leveraged to the hilt during the market's most-recent heyday. To be sure, local experts say these smaller lenders have proven
Updated: 11/04/2011 05:37A
Jefferson County sewer receiver pay tops $1 million
By Jeff Hansen -- The Birmingham News Court-appointed receiver John S. Young has been paid more than $1 million since being named to operate the Jefferson County sewer department last year, according to county finance department records.
Updated: 11/04/2011 05:35A
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