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Former New Jersey governor steps down at collapsed firm, hires lawyer
MF Global collapsed into bankruptcy Monday, and Corzine has since hired a criminal defense attorney amid an FBI investigation into the disappearance of hundreds of millions of dollars in client money. In another twist, a top regulator recused himself
Updated: 11/05/2011 04:41P
Greek PM in bid to form coalition
George Papandreou, Greece's prime minister, has launched his campaign for a coalition to save Greece from bankruptcy, but rival parties showed little willingness to cooperate in tackling the nation's economic, political and social crisis.
Updated: 11/05/2011 04:34P
Greece on a cliff edge as Papandreou struggles to form a new government
Politicians in Greece were engaged in frantic negotiations to form a government of "national salvation" on Saturday in a desperate bid to prevent debt-stricken Athens plunging into bankruptcy and possible exit from the EU. As Europe's leaders looked on
Updated: 11/05/2011 03:47P
Bankruptcy looms as opposition snubs Greek PM's coalition plan
I never thought of politics as a profession,” Papandreou said. Later Saturday, however, it became unclear whether the 59-year-old prime minister was willing to step aside. Also unclear is whether the deadlock over a unity government was brinksmanship
Updated: 11/05/2011 03:42P
Crystal Cathedral's Rev. Robert Schuller Requests Meals for Wife, Congregation
Crystal Cathderal Ministries, a glass-walled Orange County church known for its "Hour of Power" broadcasts, filed for Chapter 11 bankruptcy on Oct. 18. The Schullers, church administrators, have come under fire after court documents revealed they may
Updated: 11/05/2011 03:39P
Future is bleak for Dippin' Dots as company files for bankruptcy
Dippin' Dots, which sells ice cream in masses of colourful beads in malls, theme parks, movie theatres and other venues, has filed for Chapter 11 bankruptcy protection. The Kentucky company owes nearly $11 million (Dh40.37 million) to Regions Bank,
Updated: 11/05/2011 03:09P
MF Global faces class-action suits after bankruptcy
Investors lost some $585 million in market capitalization in the week that preceded MF Global's bankruptcy filings alone, according to Block & Leviton. MF Global filed for bankruptcy last Monday after confidence in the company was shattered by a string
Updated: 11/05/2011 03:01P
Linder's Furniture Files for ABC Assignment
/PRNewswire/ --Linder's Furniture, a premier furniture, mattress and electronics retailer in Southern California, announced today that it is has entered into an assignment for the benefit of creditors (ABC), an alternative to bankruptcy.
Updated: 11/05/2011 02:57P
Italian opposition in mass anti-Berlusconi rally
ROME — Italy's opposition turned out en masse on the streets of Rome Saturday to demand Silvio Berlusconi's resignation, accusing the prime minister of dragging the country into bankruptcy and global shame. But the 75-year-old "Cavaliere",
Updated: 11/05/2011 02:50P
Latest Alabama News, Sports, Business And Entertainment
By: AP DECATUR, Ala. (AP) Police in Decatur arrested a woman they say hid methamphetamine on her 6-year-old son. WAFF-TV reports officers stopped Heather Haygood for a traffic violation Thursday night. During an investigation, officers found meth on
Updated: 11/05/2011 02:39P
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