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JPMorgan Sees No Material Impact in Jefferson County Bankruptcy
10 (Bloomberg) -- JPMorgan Chase & Co. expects the bankruptcy of Jefferson County, Alabama, will have “no material impact” on the firm's earnings, said Justin Perras, a company spokesman. The county filed for Chapter 9 protection yesterday after state
Updated: 11/10/2011 01:06P
How I moved a mountain of debt
For many facing that much debt, the next stop would be bankruptcy court. But these women, each in their early 50s, managed to pay down their debt and establish habits that have since kept them on track financially. Here's how they each flattened their
Updated: 11/10/2011 01:06P
Hinojosa will seek re-election
Republicans have targeted Hinojosa, who declared personal bankruptcy in 2010 while serving as a member of the House Financial Services Committee. But the Rio Grande Valley-based incumbent has raised significant funds for a re-election war chest and
Updated: 11/10/2011 01:05P
Banker is interim Greek PM
GREECE yesterday named former European Central Bank vice-president Lucas Papademos as head of a crisis government, ending a chaotic search for a leader to save the country from default, bankruptcy and an exit from the eurozone.
Updated: 11/10/2011 01:04P
Alabama's Jefferson County Declares bankruptcy
Legislators in Alabama's Jefferson County on Wednesday voted 4 to 1 to file for bankruptcy court protection in what would be the biggest municipal bankruptcy in US history. Despite a tentative deal with creditors reached in September to settle $3.14
Updated: 11/10/2011 01:03P
Jefferson County to Defend Bankruptcy at Hearing Next Month
10 (Bloomberg) -- Jefferson County, Alabama, which filed the biggest municipal bankruptcy in US history yesterday, faces a hearing next month over whether it can remain under court protection from creditors. The county, whose seat is Birmingham,
Updated: 11/10/2011 01:00P
ICE Seeks Ruling To Unlock Customer Cash At MF Global
IntercontinentalExchange Inc. (ICE) sought a bankruptcy court ruling Thursday to "immediately" free up customer cash held on deposit with MF Global Holdings Ltd. (MF), after some funds began to be returned to other clients of the
Updated: 11/10/2011 12:56P
Stars ownership situation close to resolution
18), a Delaware bankruptcy is scheduled to hold a hearing to approve the sale of the club to Vancouver businessman Tom Galgardi. If the sale is approved, the NHL Board of Governors will also have to give it the thumbs up. The board doesn't meet until
Updated: 11/10/2011 12:56P
Greek power-sharing talks drag into 4th day
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 12:55P
America's Biggest Municipal Bankruptcy: Jefferson County, Alabama
Jefferson County on Wednesday filed the largest municipal bankruptcy in US history, in part because it overspent on its sewer system. (Marvin Gentry / Reuters) Jefferson County has long been the canary in the municipal bond market coal mine - a sign
Updated: 11/10/2011 12:55P
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