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Business news in brief | Philadelphia Inquirer | 2011-11-10
The Pier has also retained Spinoso Real Estate Group to manage leasing. Both companies have headquarters in New York. The Pier opened in summer 2006 but was beset with financial problems as the Atlantic City gambling market has struggled against new
Updated: 11/10/2011 03:04A
Marlborough: Economy tempers Osborn win
The post has a two-year term and pays $38000. Incumbent Democrat Gael Appler, 65, ran unopposed as highway superintendent. The post pays $53357 with a two-year term. Incumbent Republican Eleanor Gallagher ran unopposed as town justice.
Updated: 11/10/2011 03:03A
Jefferson County, Alabama, files for biggest ever $3.14B bankruptcy protection
by Nicole Elliott - Mizuho Corporate Bank | View company's profile (20:00) NZ Reserve Bank of New Zealand Financial Stability Report; economic rebound on track despite global woes. (23:50) JP October M2 Money Supply +2.7% Y/Y versus +2.7% September.
Updated: 11/10/2011 02:52A
Greece tries to forge unity deal as bankruptcy looms
Others rumoured in the media were Vassileios Skouris, 63, president of the European Court of Justice, and European ombudsman Nikiforos Diamantouros, 69. Former finance minister Panagiotis Roumeliotis, 64, who represents Greece at the IMF, has also been
Updated: 11/10/2011 02:52A
Negotiations for Greek unity government enter fourth day
Athens - Greece's efforts to find a new interim prime minister entered a fourth day Thursday, despite growing international pressure and threats of imminent bankruptcy. Greek President Karolos Papoulias will meet with: outgoing Prime Minister George
Updated: 11/10/2011 02:46A
Clients who fled MF Global face clawback risk
Chris Hehmeyer, CEO of Chicago-based proprietary trading firm HTG and an advisor to futures brokerage Penson, moved "a chunk" of his business earlier this year to MF Global. But by June, he decided to take his business elsewhere because MF Global
Updated: 11/10/2011 02:46A
Truth Squad: Did government give automakers to UAW, Fiat?
He said he would have preferred a private bankruptcy process rather than the US government giving billions of dollars in loans and taking a stake in the companies in 2009. Romney said after President George W. Bush's administration kicked off a process
Updated: 11/10/2011 02:43A
Jefferson County chooses bankruptcy
Jefferson County now holds the record for largest municipal bankruptcy in US history. The filing dwarfs the previous record holder, Orange County, which filed bankruptcy on its $1.7 billion debt in 1994. With the first court hearing expected Thursday,
Updated: 11/10/2011 02:40A
Rothschild calls for clean-up at Bumi Resources
LONDON/JAKARTA (Reuters) - British financier Nathaniel Rothschild has criticized the management and corporate governance at PT Bumi Resources, the Indonesian coal company he is trying to transform into a top-tier global miner, the Financial Times
Updated: 11/10/2011 02:32A
Commenters weigh in on Jefferson County, the largest municipal bankruptcy in
By al.com staff Jefferson County has been flirting with bankruptcy since Feb. 12, 2008, and on Wednesday the county's historic vote spawned the largest municipal bankruptcy ever filed by a local government in the United States.
Updated: 11/10/2011 02:26A
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