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Former European banker Lucas Papademos named Greek PM, seeks unity to face
The markets have been clamouring for Greece to end its political deadlock so it can avoid an imminent bankruptcy that could push Europe into a new recession and world financial markets into turmoil. "The agreement to form a government of national unity
Updated: 11/10/2011 10:31A
Papademos to lead Greek coalition
Former European Central Bank vice-president Lucas Papademos will head Greece's new crisis coalition, the president's office said on Thursday, ending suspense over who will try to save the country from default, bankruptcy and an exit from the euro zone.
Updated: 11/10/2011 10:31A
Papademos new Greek PM, vows stability with euro
Senior banker Lucas Papademos was named Thursday to be the new prime minister of an interim Greek unity government that seeks to cement a new European debt deal and stave off national bankruptcy. Papademos, who was named after four tortuous days of
Updated: 11/10/2011 10:31A
Alabama County That Sued JPMorgan Files for Bankruptcy
Jefferson County in Alabama has filed the biggest municipal bankruptcy in US history after failing to refinance nearly $4 billion in debt. Jefferson County was mired in debt after reaching a complicated scheme with Wall Street investors to finance the
Updated: 11/10/2011 10:30A
Some MF Global Customers Want Corzine "Led Away In Cuffs"
The anger and frustration at the MF Global bankruptcy and the disappearance of $630 million has sent traders to the sidelines without their capital, and triggered outraged hostility by individual traders across the globe. They believe that Corzine took
Updated: 11/10/2011 10:30A
Second Quarter Fiscal 2012 Results Report
Other options in relation to PWF have been exhausted and given the aforementioned conditions, PWF's filing for bankruptcy became necessary. On November 4, 2011, PWF filed an application with French bankruptcy courts for the opening of bankruptcy
Updated: 11/10/2011 10:29A
Papademos to lead Greek crisis coalition (Reuters)
ATHENS (Reuters) – Former European Central Bank vice-president Lucas Papademos will head Greece's new crisis coalition, the president's office said on Thursday, ending suspense over who will try to save the country from default, bankruptcy and an exit
Updated: 11/10/2011 10:26A
Papademos new Greek PM, vows stability with euro (AP)
ATHENS, Greece – Senior banker Lucas Papademos was named Thursday to be the new prime minister of an interim Greek unity government that seeks to cement a new European debt deal and stave off national bankruptcy. Papademos, who was named after four
Updated: 11/10/2011 10:25A
Ex-banker named Greek prime minister in bid to stave off bankruptcy
Papademos was named Thursday as the prime minister of the new Greek interim government, charged with keeping the debt-strapped country out of bankruptcy and firmly in the 17-nation eurozone. After four days of intense political negotiations,
Updated: 11/10/2011 10:25A
'Ponzi Scheme' Takes Down Jon Corzine; Networks Forget He Was 'Top' Economic Voice
Jon Corzine, filed for bankruptcy amid a huge scandal. Forbes said the firm owes $2.2 billion to JP Morgan and Deutsche Banks. But the broadcast networks had amnesia when it came to their previous coverage of Corzine, his role as adviser and fundraiser
Updated: 11/10/2011 10:24A
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