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2011 Election Coverage
M?Investments and has no bearing on Beachy's current bankruptcy case in the Northern District Bankruptcy Court. In that case, Anne Piero Silagy filed an update last week that included finding that more than 100 people who invested with Beachy
Updated: 11/08/2011 04:31P
Subnational Bankruptcy
By contrast, the bankruptcy of the Greek government condemns the entire Greek financial system and sends the entire Greek economy down the drain. In other words, because the state of California has no “sovereign powers,” it is effectively just like any
Updated: 11/08/2011 04:31P
Lionel: Greece Political And Debt Crisis
By Lionel All right, quick. Explain what`s happening in Greece. Come on. I`m waiting. I`ll help you out. Greece`s prime minister George Papandreou, who hails from St. Paul, as in Minnesota, is the butt of jokes in his country.
Updated: 11/08/2011 04:26P
Romney in Troy Thursday after debate; Dems blast his bailout stance
Earlier Tuesday, five Democratic Congressmen from Metro Detroit praised President Barack Obama for backing the US auto industry with federal loans for General Motors and Chrysler and blasted Romney for opposing it. "He turned his back on Michigan,"
Updated: 11/08/2011 04:19P
CORRECTED: Borders Filing Proposes $36 Million Claim For Random House
Random House and Borders have proposed an amount the publisher is owed from the bookseller's bankruptcy. Corrected: An earlier version of this story incorrectly suggested that Random House would be paid $36 million. That amount instead represents the
Updated: 11/08/2011 04:14P
Cain accuser has checkered financial past
Meanwhile, Bialek filed for bankruptcy, according to court records, and claimed few personal assets while owing $4500 in unpaid rent and at least $13000 to four credit card companies. A county judge issued a $2200 judgment against her, then another
Updated: 11/08/2011 04:14P
MF Global Could Liquidate Instead of Reorganize, Analyst Says
A creditors committee was formed yesterday, including JPMorgan Chase & Co. and Wilmington Trust Co., to help seek recoveries from the eighth-largest bankruptcy in US history. MF Global filed for bankruptcy on Oct. 31, listing $39.7 billion in debt and
Updated: 11/08/2011 04:11P
Borders liquidator sells George Harrison guitar
Entertainment News from AP ANN ARBOR, Mich. (AP) - A signed guitar that the late Beatles member George Harrison donated to the Borders book chain has been sold following the company's liquidation. Ex-employees tell AnnArbor.com (http://j.mp/u49fAc
Updated: 11/08/2011 04:10P
Ally Financial Considering Bankruptcy for ResCap Unit
Ally Financial Inc. is actively considering putting its ailing Residential Capital LLC mortgage-lending unit into bankruptcy, said people familiar with the situation. Ally is being advised by Kirkland & Ellis and Evercore on a possible restructuring of
Updated: 11/08/2011 04:10P
MF Clients to Get Cash at CME Once Exchange Verifies Transfers
8 (Bloomberg) -- Clients of MF Global Holdings Ltd., the futures broker that filed for bankruptcy protection last week, can access their frozen cash collateral at CME Group Inc. after the exchange verifies all traders' accounts have been transferred to
Updated: 11/08/2011 04:08P
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