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Fewer American consumers filing for bankruptcy
The Administrative Office of the US Courts reports that business and personal bankruptcies have fallen in the past year by 8 percent over the year before. Maybe the drop off occurred because the most desperate businesses and consumers have already
Updated: 11/07/2011 12:16P
Washington Mututal Judge Extends Mediation on Bankruptcy Exit Two Weeks
Washington Mutual Inc. (WAMUQ)'s bankruptcy judge ordered creditors and shareholders to remain in mediation for the next two weeks to try to resolve disputes that have kept the former bank holding company
Updated: 11/07/2011 12:12P
Former Comcast executive named VP of sales for Longport Media radio group
Former Comcast SportsNet Philadelphia vice president of sales Joe Croce has been named in the same position for the area radio station group Longport Media, LLC, the company said in a news release. Croce will oversee the sales division for Longport's
Updated: 11/07/2011 12:08P
Sell Your Clients the Life They Want to Have
Bankruptcy lawyers talk about getting out of debt. But this is the process, not the goal. After an injury or tragedy, the client wants to move on in their life with a solid financial foundation. An unhappy marriage needs to be dissolved so that the
Updated: 11/07/2011 12:07P
Decent Domestic Economic News Lost in the Euro Zone's Turmoil
While Greece was courting bankruptcy, other news that roiled the markets last week was a real bankruptcy. Jon Corzine, the former New Jersey governor and Goldman Sachs (NYSE:GS) head, essentially made bets that were too big for the britches of his
Updated: 11/07/2011 12:05P
Why Borders' Demise Means an Indie Bookstore Resurgence
It was the second-largest US bookstore and nobody wanted to save it from bankruptcy. Thousands of people lost their jobs. So who the hell opens a bookstore now? Tanner McSwain, that's who. The North Carolinian has long called Chicago home,
Updated: 11/07/2011 12:03P
Delphi files for $550 million IPO
Delphi plans to trade on the New York Stock Exchange under the "DLPH" symbol — just more than six years after the company filed for bankruptcy in October 2005. The company exited bankruptcy in October 2009 after a four-year restructuring owned by its
Updated: 11/07/2011 11:59A
John Paulson Hopes To Profit From Delphi IPO
Auto parts company Delphi has filled in some gaps in its planned IPO, part of the former GM unit's recovery from bankruptcy. And hedge-fund mogul John Paulson wants to take a ride on the IPO. According to Delphi's fresh IPO documents,
Updated: 11/07/2011 11:59A
EUR/USD after Greek Default?
The vast majority of both private and professional investors are really concerned about the above mentioned question, ie what will be the EURUSD reaction to a potential totally uncontrolled Greek bankruptcy scenario. Such a scenario, which in my
Updated: 11/07/2011 11:56A
Jon Corzine's MF Global Holdings Files for Bankruptcy
MF Global Holdings, a brokerage firm run by former New Jersey Governor John Corzine, filed for bankruptcy this week. The company's filing represents the seventh-largest Chapter 11 bankruptcy filing, by total assets, in United States history.
Updated: 11/07/2011 11:44A
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