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Jefferies Climbs 1.6%; Is Cloud From MF Global Finally Parting?
Since MF Global (MFGLQ) started faltering, eventually landing in bankruptcy, other brokers felt the fallout. But investors have punished Jefferies Group (JEF) rather severely. About the same time MF Global was raising red flags,
Updated: 11/08/2011 06:28P
Bankruptcy Brings Unknowns for South Bay Power Plant
Dynegy's holding company just declared bankruptcy. The Port of San Diego, which owns the power plant, has about $22 million stashed away to pay for dismantling the plant and cleaning up any environmental damage it has caused.
Updated: 11/08/2011 06:26P
Harris Bank plays role in MF Global mess
Lawyers representing Harris Bank in the MF Global bankruptcy did not return a phone call or email seeking comment. Kent Jarrell, a spokesman for James Giddens, the New York attorney approved by the bankruptcy court to oversee the liquidation of MF
Updated: 11/08/2011 06:24P
Bankruptcy Lawyers at Macey Bankruptcy Law Recognized as "2011 Best Attorney"
With reviews on the best of the best, the attorneys at Macey Bankruptcy Law are pleased to announce that they are the recipients of the Readers Choice 2011's Best Attorney Award. Macey Bankruptcy Law has been representing consumer debtors in bankruptcy
Updated: 11/08/2011 06:18P
Cain accuser finds herself under scrutiny
Her details put the first face to a trail of anonymous accusations from at least three other women, marking a dangerous turn as Cain seeks the GOP presidential nomination. But just as details unfolded about Cain's alleged behavior, so have specifics
Updated: 11/08/2011 06:17P
The woes continue for loss-making Pakistan International Airlines
Pakistan's Finance Secretary Dr Waqar Masood this month stated the Pakistani Government has turned down a PKR20 billion (USD232 million) bailout package requested by the carrier to aid its recovery from its "financial crisis", stating it would not
Updated: 11/08/2011 06:15P
Ally's ResCap Unit Said to Hire Centerview for Restructuring
(Updates with possible ResCap bankruptcy, pending lawsuits and CEO's comment starting in the second paragraph.) Nov. 8 (Bloomberg) -- Ally Financial Inc.'s unprofitable Residential Capital LLC mortgage unit hired Centerview Partners LLP to advise on a
Updated: 11/08/2011 06:13P
American Says Pilot Accord Possible as 'Window of Opportunity' Is Closing
(AMR)'s American Airlines, the subject of bankruptcy speculation as it seeks to cut costs, said a contract agreement with pilots may be reached within days while adding the “window of opportunity is closing.” “The time to act is now,” Sue Gordon,
Updated: 11/08/2011 06:12P
MF Global clients face shortfall despite protections
A key reason: an insurance fund designed to help customers of failed brokerages generally does not apply to commodities customers, said Stephen Harbeck, the fund's chief executive. Of the roughly 50000 MF Global accounts totaling at least $5.45 billion
Updated: 11/08/2011 06:09P
Medfield Town Administrator Weighs in on State Hospital, Friendly's and CVS
Sullivan said he has heard countless rumors around town of what's going to replace the building vacated by Friendly's after the chain ice cream shop and family restaurant filed for bankruptcy and closed several of its locations, including the one on
Updated: 11/08/2011 06:05P
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