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Business Briefs: Nov. 10
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. The county commission's action came after spending hours over two days meeting with its lawyers
Updated: 11/09/2011 11:25P
Greek crisis Frantic struggle to agree on PM
Athens—Greek political leaders were scrambling on Wednesday to agree on new prime minister to lead the country back from the brink of bankruptcy, after a plan to name a former European Central Bank official appeared to fall apart.
Updated: 11/09/2011 11:21P
montgomery, ala.County files largest bankruptcy
Last-ditch efforts by the governor of Alabama to prevent a record-breaking municipal bankruptcy broke down Wednesday as the Jefferson County Commission voted 4-1 to declare bankruptcy on roughly $4 billion of debt. After the vote, lawyers for the
Updated: 11/09/2011 11:19P
Occupy Fannie and Freddie
The firm filed for bankruptcy as federal regulators were looking for $600 million missing from customer accounts. Its CEO, former Democratic New Jersey Gov. Jon Corzine, had bet that European leaders would bail out smallish countries that were too big
Updated: 11/09/2011 11:12P
Perry's flub overshadows OU debate on economy, jobs
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 11:09P
KSWT: Local News, Weather, Sports Yuma, AZ El Centro Imperial Valley, CA
The Sheriff's Department says the robbers got away with an unknown amount of cash from the display, which featured a stack of dollar bills with a $100 bill on top. The SUV was found about a mile away with a bag of cash inside.
Updated: 11/09/2011 11:07P
Seasoned Commercial Real Estate Business Advisor Edward H. Schwartz Joins Fara
Fara's client centered, service based approach encompasses all facets of commercial real estate business advisory services, including agencies, sales, leasing and consulting. Fara's industry insight and local market knowledge are centered on serving
Updated: 11/09/2011 11:04P
Jefferson County Bankruptcy: A Harbinger Of Things To Come
The byzantine multi-step deal meant to keep Jefferson County out of bankruptcy has fallen apart, and the county is now the largest municipal bankruptcy in US history. The situation in Jefferson County has been a slow-moving disaster for some time,
Updated: 11/09/2011 11:04P
SME general manager retires as wholesale electric supplier reorganizes under
The general manager of Southern Montana Electric has abruptly retired as the Billings-based wholesale electric supplier reorganizes under Chapter 11 bankruptcy. The Billings Gazette (http://bit.ly/vzf76U ) reports Tim Gregori retired Tuesday and has
Updated: 11/09/2011 11:00P
Southern Montana general manager Gregori retires
Tim Gregori, the general manager of the Southern Montana Electric Transmission and Generation Cooperative, retired abruptly Tuesday from the troubled wholesale power supplier that recently filed for bankruptcy. Southern's new interim manager, Alan See,
Updated: 11/09/2011 10:31P
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