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Alabama's Jefferson County May Vote on Bankruptcy Filing
8 (Bloomberg) -- The Jefferson County Commission will consider filing the nation's biggest municipal bankruptcy today, according to a resolution approved by a committee. The Alabama county's leaders also may vote to approve a settlement with holders of
Updated: 11/08/2011 11:56A
MF Global CEO Resigns after Bankruptcy
Jon Corzine, the Chairman and CEO of MF Global has submitted his resignation, barely 20 months after being appointed to head the futures brokerage firm. Corzine's task was to turn the brokerage firm into an investment bank. He drew a salary of almost
Updated: 11/08/2011 11:55A
No solution yet in Greece power-sharing talks
Greece's two biggest parties resumed talks Monday to agree on who should be the country's new prime minister, after reaching a historic power-sharing deal to accept a massive financial rescue package and prevent imminent bankruptcy.
Updated: 11/08/2011 11:55A
Alabama's Jefferson County again eyes bankruptcy filing
BIRMINGHAM, Ala., Nov 8 (Reuters) - Local legislators in Alabama's Jefferson County are meeting on Tuesday to consider -- again -- possibly filing for what would be America's biggest municipal bankruptcy. County commissioners are scheduled to vote on
Updated: 11/08/2011 11:55A
Municipal Bankruptcy No Bargain
The Northern California city of Vallejo has emerged from bankruptcy after three years in the hole. As with so many other California governments in peril, some see the bankruptcy process as a way for cities, counties and school districts to get out from
Updated: 11/08/2011 11:54A
Bankruptcy Bonuses? MF Global Rewards Staff Just Before Bankruptcy
The Telegraph is reporting that MF Global's UK staff received bonuses hours before the brokerage firm filed for bankruptcy last week. The report says MF Global, run by former Goldman CEO Jon Corzine, gave its UK staff received quarterly bonuses on
Updated: 11/08/2011 11:48A
Cain to hold presser on new allegations at 5 ET
“After attacking Herman Cain through anonymous accusers for a week, his opponents have now convinced a woman with a long history of severe financial difficulties, including personal bankruptcy, to falsely accuse the Republican frontrunner of events
Updated: 11/08/2011 11:47A
China's Cultural Devolution
High inflation, falling exports, mounting local government debt, cascading bankruptcy of private firms—one might have expected these issues to dominate the agenda of the Chinese Communist Party's annual Central Committee plenum at the end
Updated: 11/08/2011 11:44A
Details Emerge On Cain's Accusers, Cain Campaign Starts The Trashing
“After attacking Herman Cain through anonymous accusers for a week, his opponents have now convinced a woman with a long history of severe financial difficulties, including personal bankruptcy, to falsely accuse the Republican frontrunner of events
Updated: 11/08/2011 11:43A
Madoff, MF Global, WaMu, Taylor Bean, Solyndra, AAI: Bankruptcy
4 arguing that they are entitled to offset fraudulent transfer claims with whatever was shown owing on their account statements two years before the bankruptcy of Bernard L. Madoff Investment Securities LLC. The Madoff trustee submitted his papers at
Updated: 11/08/2011 11:42A
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