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CEO departs four days after MF Global filed for bankruptcy protection
News of his abrupt departure -- four days after MF Global filed for bankruptcy protection -- comes as federal regulators work around the clock to locate $633 million in missing funds at the company, one that Corzine once joked was "too small to care
Updated: 11/04/2011 02:28P
Auto shop to the stars skids into bankruptcy
Unique Autosports Inc., the subject of Speed Channel's show Unique Whips, filed for Chapter 7 bankruptcy protection on Nov. 1, and is currently under liquidation, according to its attorney, Samuel Kramer. “We determined this would be in the
Updated: 11/04/2011 02:25P
Dippin' Dots, 'Ice Cream of the Future,' Files for Bankruptcy
The company filed for Chapter 11 bankruptcy. Thursday was a sad day for amusement park aficionados, professional sports fans and moviegoers, as Dippin' Dots, maker of the self-proclaimed “Ice Cream of the Future” that was sold wherever fun and frozen
Updated: 11/04/2011 02:25P
Corzine Resigns
Mr. Corzine, the firm's chairman and chief executive, will not seek his $12 million severance from MF Global, which filed for bankruptcy on Monday, according to the company's statement. The resignation capped a disastrous week for Mr. Corzine,
Updated: 11/04/2011 02:21P
Deal finalized to keep Hoboken hospital open
The hospital filed for bankruptcy protection in August, and Hoboken decided to sell it earlier this year, fearing the city would have to cover a $52 million bond. Zimmer said the completion of the sale means more than 1200 jobs will be saved.
Updated: 11/04/2011 02:20P
Eulogy For A Basement
That's easy: Watching half-naked women wriggle in and out of their clothes. Discount retailer Syms Corp. and its subsidiary Filene's Basement have filed for Chapter 11 bankruptcy protection and plan to liquidate their operations.
Updated: 11/04/2011 02:16P
Corzine's Fall From Grace Leaves Obama With Even Less Bridges to Wall Street
The fall of Corzine, a prominent figure with a toehold in the worlds of both finance and politics, is not only an issue for himself, but for one of the men who has sought his advice and support on a regular basis, President Barack Obama.
Updated: 11/04/2011 02:14P
Syms and Filene's Basement Closure a Sign of the Discounted Times
Now, its bankruptcy filing is timed to liquidate inventory during the holiday season and then sell off the real estate. With 25 Syms and 21 Filene's Basement stores, mostly located in the eastern United States, about 2500 employees will lose their jobs
Updated: 11/04/2011 02:14P
Executive Leadership Solutions Acquires 25% Stake in National Executive Personnel
Beth Ann Scharrer, trustee for the US Bankruptcy Court, Middle District of Florida, Tampa Division, offered for sale a 25% interest of the assets of NEP. ELS was the high bidder and the purchase closed on October 21. It purchased the interest in NEP
Updated: 11/04/2011 02:12P
Guilty verdict in nationwide Ponzi scheme
The verdict was returned after a six-day trial before US District Judge John Mendez in Sacamento. Mr. Eddings and co-defendant Robert Cephus Brown Jr., 58, also of Vallejo, were indicted on charges that, from September 2005 to May 2007,
Updated: 11/04/2011 02:12P
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