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Greek tragedy extends into fourth day
Greek politicians were poised to begin a fourth day of talks to name a new premier as anger grew domestically and abroad with the debt-racked country that is flirting dangerously with bankruptcy. Greek President Carolos Papoulias was due to reopen
Updated: 11/09/2011 10:04P
Greek tragedy extends into fourth day as bankruptcy looms
Greek politicians were poised to begin a fourth day of talks to name a new premier Thursday as anger grew domestically and abroad with the debt-wracked country that is flirting dangerously with bankruptcy. Greek President Carolos Papoulias was due to
Updated: 11/09/2011 10:04P
Alabama county files biggest US municipal bankruptcy
BIRMINGHAM, Ala (Reuters) - Alabama's Jefferson County filed for bankruptcy court protection on Wednesday in the biggest municipal bankruptcy in US history. Despite a tentative deal reached with creditors in September to settle $3.14 billion of debt,
Updated: 11/09/2011 10:04P
Greek PM talks to continue today
“Political leaders will meet under the president (Carolos Papoulias) at 0800 GMT on Thursday,” the president's office said, capping a third day of fruitless negotiations to forge a national unity government to save the country from looming bankruptcy.
Updated: 11/09/2011 10:02P
Jefferson County Commission votes to file for bankruptcy over sewer debt
Leaders of Alabama's most populous county on Wednesday voted to declare an estimated $4.1 billion bankruptcy, the largest for a municipality in US history. (AP Photo/The Birmingham News, Joe Songer) Associated Press Alabama's most populous county filed
Updated: 11/09/2011 10:00P
Perry stumbles, Cain deflects in GOP debate at Oakland U
Though he typically favors bankruptcy, this wasn't an issue of two companies declining, but a takedown of the entire supply chain, which "would have been devastating for our nation." "I don't want to second-guess that," Snyder said of the federal aid
Updated: 11/09/2011 09:57P
Ala. county files for largest-ever U.S. municipal bankruptcy
Alabama's most populous county filed the largest municipal bankruptcy in US history Wednesday, years after being plunged more than $4 billion into debt by a corruption-riddled sewer project. Just two months after it seemed Jefferson County could stave
Updated: 11/09/2011 09:57P
Apocalyptic times for MF Global
And now the effect has made its way to the United States, where it experienced the seventh largest bankruptcy in its corporate history. This was the bankruptcy of MF Global. The reason this is related to Europe's debt crisis is that the chairman and
Updated: 11/09/2011 09:49P
Alabama county files biggest US muni bankruptcy
BIRMINGHAM, Ala, Nov 9 (Reuters) - Alabama's Jefferson County filed for bankruptcy court protection on Wednesday in the biggest municipal bankruptcy in US history. Despite a tentative deal reached with creditors in September to
Updated: 11/09/2011 09:47P
Pressure builds on Greece to pick PM
ATHENS, Greece - Political leaders were scrambling unsuccessfully on Wednesday to find a new prime minister to lead Greece back from the brink of bankruptcy, after a plan to name a former central banker ran into trouble. As negotiations entered their
Updated: 11/09/2011 09:47P
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