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Assured Guaranty Won't Attend Harrisburg Creditors' Meeting
10 (Bloomberg) -- Assured Guaranty Municipal Corp., which backed the bonds that tipped Harrisburg, Pennsylvania, into bankruptcy, won't attend a creditors' meeting today after city officials asked the insurer to forgive $100 million in debt.
Updated: 11/10/2011 11:52A
FOX Carolina 21Ala. county files for largest municipal bankruptcy
(AP) - Alabama's most populous county filed what became the largest municipal bankruptcy in US history in an effort to retake control of its beleaguered sewer system and wipe away as much of its whopping $4.15 billion in debt as possible.
Updated: 11/10/2011 11:52A
Ally bank considers throwing mortgage unit into bankruptcy
Ally, which become a bank in 2008 with the help of bailout money, is considering putting ResCap, its residential mortgage unit, into bankruptcy. What does this mean for the bank as a whole? By Douglas French, Guest blogger / November 10, 2011 A screen
Updated: 11/10/2011 11:52A
Mona Charen: About that NIE on the Iran nuke program
In the least surprising announcement since Solyndra declared bankruptcy, the International Atomic Energy Agency released a report this week confirming that the Islamic Republic of Iran has completed all of the steps required to build a nuclear arsenal.
Updated: 11/10/2011 11:51A
FOX5 Vegas - KVVUAla. county files for largest municipal bankruptcy
(AP) - Alabama's most populous county filed what became the largest municipal bankruptcy in US history in an effort to retake control of its beleaguered sewer system and wipe away as much of its whopping $4.15 billion in debt as possible.
Updated: 11/10/2011 11:51A
KOAM TV 7 Joplin and PittsburgAla. county files for largest municipal bankruptcy
(AP) - Alabama's most populous county filed what became the largest municipal bankruptcy in US history in an effort to retake control of its beleaguered sewer system and wipe away as much of its whopping $4.15 billion in debt as possible.
Updated: 11/10/2011 11:51A
County Files For Largest Municipal Bankruptcy
One benefit for the county: Chapter 9 is different than other chapters in the bankruptcy code in that the law does not allow the court to order the municipality's assets be liquidated and distributed to creditors. The court's functions are generally
Updated: 11/10/2011 11:05A
Gold eases on Italy, Greece debt worries
LONDON (Reuters) - Gold fell almost 2 percent on Thursday as worries about a disordered bankruptcy in Greece and a deepening debt crisis in Italy weighed on market sentiment and pushed investors to liquidate commodity assets,
Updated: 11/10/2011 11:01A
Greece names Papademos to lead salvation coalition
He cuts a grey and uncharismatic figure in the colorful and chaotic world of Greek politics, but also has a reputation for being calm at a time when the nation is clamouring for stability. Greeks reacted with exhausted relief that an
Updated: 11/10/2011 10:49A
Banker Papademos Named New Greek Premier
Senior banker Lucas 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
Updated: 11/10/2011 10:45A
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