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Greek leaders to pick PM of new government
Finance ministers from the 17 eurozone countries are due to meet later in Brussels, and will be awaiting an update from Greece's Evangelos Venizelos. "What is clear is that the European partners are becoming more and more intransigent with Greece and
Updated: 11/07/2011 05:19A
State Finance - When Senate Motion Put Governors On the Spot
The call was a resolution following a carefully structured and seemingly well researched motion, titled; "Looming Danger of Bankruptcy in States: the Need for Fiscal Evaluation" by Senator Olubunmi Adetumbi (ACN, Ekiti). The gusto and enthusiasm of
Updated: 11/07/2011 04:53A
Windrush Still in Limbo — Settlement With Creditors Not Yet Completed
Having fallen into default on payments due on a $13 million bond debt, the K-8 private school entered Chapter 11 bankruptcy protection on Sept. 30 to prevent creditors from seizing the school as collateral. Wells Fargo Bank, trustee for the creditors,
Updated: 11/07/2011 04:42A
Greek markets open strongly after unity deal
The Greek stock market opened strongly on Monday, outperforming markets in the rest of Europe, after the country's top politicians clinched a dramatic power-sharing deal to pull the country from the brink of bankruptcy, AFP reported.
Updated: 11/07/2011 04:25A
Greece approves deal on new coalition after pressure from EU
Papandreou and Samaras had been scrambling to reach a deal before finance ministers of euro countries meet in Brussels on Monday, to show that Greece is serious about taking steps needed to stave off bankruptcy. Earlier, European Economic and Monetary
Updated: 11/07/2011 04:24A
Clueless about Corzine: NJ dodges a bullet
No wonder Jon Corzine drove MF Global into bankruptcy pursuing the dud strategy of 40-1 leverage (“Jon Corzine Steps Down as CEO of MF Global,” Nov. 4). After his short tenure and failed grandiose designs, employees lost their jobs, investors lost
Updated: 11/07/2011 04:20A
Unfinished CLICO business
should be so for CLICO (Guyana)'s operations but it is evident that this government will expire without an attempt to enquire into CLICO's depredations here and to prosecute those who on the face of it recklessly executed the company's business.
Updated: 11/07/2011 04:07A
Runway success
Bermuda's corporate law is flexible and is largely based upon the corporate law of the UK. The principal corporate legislation, the Companies Act 1981, is amended regularly to keep pace with international commercial developments.
Updated: 11/07/2011 04:00A
MF investors want administrators out
Mr Penfold is the second financial adviser to publicly attack Deloitte's handling of MF Global Australia. Option 1 director Warren Lum complained last week about his clients not being able to access their money after futures accounts were frozen while
Updated: 11/07/2011 03:44A
Greece: coalition heads to pick new premier
AP Sports News Video Entertainment News from AP Entertainment News from AP AP National News Video More>> AP News Minute: Veteran injured at Occupy protest and more ATHENS, Greece (AP) - The heads of Greece's emerging interim government are due to
Updated: 11/07/2011 03:32A