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No resolution on Greek power-sharing talks
Power-sharing talks between Greece's two main political parties entered their second day Tuesday, as European leaders stepped up the pressure for a quick resolution by holding back a vital rescue loan that the country needs to prevent a devastating
Updated: 11/08/2011 06:04P
Herman 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. As of July 2009, Bialek owed more than $5100 in federal back taxes.
Updated: 11/08/2011 05:57P
Harrisburg in default
The Pennsylvania capital faces either bankruptcy or a state takeover of its finances after some bad bets on development projects. City residents are nervous. Pennsylvania's capital is asking for
Updated: 11/08/2011 05:54P
In a Web Video, Democrats Criticize Romney's Opposition to the Auto Bailout
Mr. Romney, whose father, George, served for a time as the chief executive of American Motors, opposed the government bailout of Chrysler and General Motors in 2008, instead arguing for a “managed bankruptcy” approach. In a New York Times op-ed that
Updated: 11/08/2011 05:53P
Bonuses For MF Global US And UK Employees Processed Days Before Bankruptcy
It's an interesting development - because last Monday, Robert Preston at the BBC reported very early in the morning that London employees had been sent home. Maybe they were sent home with their bonuses? It is unclear whether US employees had also
Updated: 11/08/2011 05:51P
ISDA To Review If Dynegy's Bankruptcy Filing Will Trigger CDS
A bankruptcy credit event is defined in derivatives documentation as a situation when a company is dissolved, becomes insolvent, is unable to pay its debts, or seeks a judgment of insolvency or bankruptcy in order to obtain relief under the law,
Updated: 11/08/2011 05:48P
Mastro bankruptcy trustee gets $35.8M in judgments
US Bankruptcy Judge Marc Barreca on Tuesday awarded $35.8 million in judgments to the trustee in the contentious bankruptcy of missing Seattle real estate developer Michael R. Mastro. After battling Mastro in court for more than two years,
Updated: 11/08/2011 05:44P
County library to host bankruptcy law class Nov. 16
The San Diego County Library will hold its final class of the Community Law School series Nov. 16 from 5:30-8 pm at the Lemon Grove Branch Library (8073 Broadway). Attorney Ruben Arizmendi will cover bankruptcy law, providing a basic
Updated: 11/08/2011 05:40P
Harris Bank emerges as starting point in MF Global investigation
Late last week it appeared some of the missing money was found in an account MF Global has with JPMorgan Chase, which provided back-office and cash management operations for the now-failed firm. But it is not clear whether any of that money constitutes
Updated: 11/08/2011 05:39P
Priceline, Sotheby's, Fossil are big market movers
The power company said that one of its subsidiaries filed for bankruptcy protection after struggling with lower electricity prices. The company, which specializes in industrial machinery, said its fourth-quarter profit rose 54 percent as its revenue
Updated: 11/08/2011 05:35P
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