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SMBs: How to avoid bankruptcy
The statistics are gruesome: upwards of 80% of small businesses will fail. From that failure, some will escape with their credit scores in-tact and without huge financial burdens. But for most, a small business failure means bankruptcy and credit
Updated: 11/07/2011 08:25P
CME, ICE cut initial margin rates to soften MF Global impact
The CME Group and IntercontinentalExchange have temporarily lowered their initial margin rates, in order to soften the impact on investors affected by the MF Global bankruptcy announced last week, reports Steel Business Briefing sister publication,
Updated: 11/07/2011 08:24P
Greek Politicians Agree On New Prime Minister
Greece's two main political parties have agreed on an interim prime minister to take the crisis-hit country out of deadlock and avert a looming bankruptcy. State television NET said that the new prime minister will be named on November 8 along with the
Updated: 11/07/2011 08:19P
GD Turnover mln.
CNBC's Jackie DeAngelis reports a Miami federal judge okays a $410 million dollar settlement against Bank of America; graphic health warning labels on cigarette packs will not appear, for now; Dynegy's holding company may file for bankruptcy protection
Updated: 11/07/2011 08:16P
China Luxury Developer Greentown Can't Stay Out of the Spotlight
Property developer Greentown China Holdings has grabbed headlines in recent days, in a time when Chinese real-estate companies would probably rather keep a low profile. First, Song Weiping, founder of Greentown, last week directly disputed rumors that
Updated: 11/07/2011 08:10P
Whatcom bankruptcies continue to decline compared to 2010
The number of Whatcom County residents filing for bankruptcy continues to decline compared to last year, according to the latest data. In October, 62 Whatcom filings were recorded at the US Bankruptcy Court Western District in Seattle, down from 74 in
Updated: 11/07/2011 08:08P
MF Global Subject to WARN Suit Investigation Over Terminated Employees
After bracing for termination, thousands of employees of MF Global may have significant claims in the bankruptcy, but the payouts may be hard to reach, according to Jack Raisner, partner at the national employee rights law firm of Outten & Golden LLP.
Updated: 11/07/2011 07:45P
Dynegy Holdings Said to Discuss Bankruptcy Filing
Dynegy Inc.'s holding unit is discussing a prepackaged bankruptcy filing with lenders, according to a person with knowledge of the plans. Dynegy Holdings may seek protection from creditors as soon as this week, said the person, who asked not to be
Updated: 11/07/2011 07:34P
MF Customers Describe an Unwanted Game of Limbo
His is one of about 50000 futures-trading accounts that were frozen last week after the firm slid into bankruptcy. The St. Louis-based trader doesn't know how much he'll eventually get back, or when. It isn't just Mr Morrison's cash that is at stake,
Updated: 11/07/2011 07:26P
Funding of Hawaii Medical Center hospitals will continue
MidCap Financial LLC will continue to fund the Hawaii Medical Center East in Honolulu, seen here, and the Hawaii Medical Center West in Ewa while the hospitals' bankrupt owner seek out a new buyer. That's the latest update from HMC executives,
Updated: 11/07/2011 07:25P
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