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Under-fire Greece inches to deal on new crisis leader
Greece inched agonizingly to a deal on naming a new leader and crisis team Tuesday to haul the debt-wracked country back from the brink of bankruptcy, under mounting pressure from Brussels and Washington. As talks dragged on into a second day,
Updated: 11/08/2011 06:09A
Second Sunol Alley Vacation Requested Of County
Schaub updated the board about the property seized locally from Emagine Concepts after the company received $160000 in a Community Development Block Grant and subsequently filed for bankruptcy. “My approach is to keep the cost to the county at a
Updated: 11/08/2011 06:02A
Reports: Dynegy Unit Preps For Chapter 11 Bankruptcy
by AP A subsidiary of Houston-based power company Dynegy Inc. is preparing to file for Chapter 11 bankruptcy protection as early as Monday evening, according to published reports. The filing by the subsidiary, Dynegy Holdings, would protect
Updated: 11/08/2011 06:01A
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TOKYO (AP) -- Olympus Corp. admitted Tuesday that it used a series of acquisitions to hide massive losses, reversing earlier denials of any wrongdoing as one of the largest accounting frauds in Japanese history rocks the nation's corporate image.
Updated: 11/08/2011 05:56A
P&M: Dynegy attempts selective bankruptcy
Troubled energy provider Dynegy put its Dynegy Holding unit under bankruptcy protection late Monday evening, avoiding a US$60m lease payment due Tuesday. The company skipped a US$44m interest payment on its 8.375% 2016 notes November 1.
Updated: 11/08/2011 05:53A
OC September bankruptcies fall 16%
The next highest peak was 1434 filings in 2005 immediately before the bankruptcy law changed in October 2025. Filings are still high by historical standards. In September 2006, Orange County had only 252 filings. At that time, the decline in home sales
Updated: 11/08/2011 05:52A
Creditor seeks letter of intent for Hawaii Medical Center
That was one of the revelations during a brief hearing in US Bankruptcy Court Monday morning. Hawaii Medical Center CEO Maria Kostylo said there are several interested buyers and at least one had provided a $250000 good faith deposit toward a possible
Updated: 11/08/2011 05:26A
Protect Your Business Against a Customer Bankruptcy
It may happen more often in a bad economy, but even in good times it's likely some of your customers or even key vendors will file for bankruptcy. While you can't prevent customers or vendors from going
Updated: 11/08/2011 05:26A
Jon Corzine's Appetite For Hair-Raising Challenges
Nov 8, 2011 (Morning Edition) — The sudden bankruptcy of commodities trading firm MF Global has thrust a familiar name in to the spotlight: Jon Corzine. Previously, Corzine was governor of New Jersey, a US senator and chairman and CEO
Updated: 11/08/2011 05:17A
MF Global paid bonuses just hours before bankruptcy
Bonuses were paid to MF Global's UK staff just hours before the company filed for bankruptcy protection in New York. KPMG said MF Global UK's entire foreign exchange portfolio had now "been unwound" - representing a "notional value of $60bn (£37.4bn)".
Updated: 11/08/2011 05:11A
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