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NEW GREEK PM VOWS TO KEEP EURO
Senior banker Lucas Papademos has been appointed Prime Minister of an interim Greek unity government that will seek to cement a European debt deal and stave off national bankruptcy. Senior banker Lucas Papademos has been appointed Prime Minister of an
Updated: 11/10/2011 12:50P
US Municipal Government Files Country's Biggest Bankruptcy
A local government in the US has filed the country's biggest municipal bankruptcy, unable to pay back a $3 billion debt to build a sewer system. The Jefferson County government in Alabama attempted for three years to negotiate a repayment plan for the
Updated: 11/10/2011 12:50P
Sam and Ryerson: A History
2001- Sam the Record Man was forced to file for bankruptcy on Oct. 30, which applied to 30 stores owned by the family and was partially due to their $15-million debt. 2002- Sam's sons Jason and Bobby reopened the Yonge Street store along with 11
Updated: 11/10/2011 12:47P
Ruben Hinojosa, a top GOP target, to seek a ninth term in Congress
Republicans have targeted the Mercedes Democrat, 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
Updated: 11/10/2011 12:45P
ICE urges court to release cash from MF Global accounts
Nov 10 (Reuters) - IntercontinentalExchange Inc on Thursday urged the US bankruptcy court to immediately permit the release of "as much of the cash balance as possible" that remains in the accounts of liquidating and transferring customers at failed
Updated: 11/10/2011 12:41P
More Scots Opting For A Trust Deed After Catastrophic Job Losses In Scotland.
Businesses being liquidated are higher now than at the same time last year and Scottish job growth is predicted by Fraser of Allander Institute to be a mere 0.4 per cent, while bankruptcy is double that of the rest of the UK.
Updated: 11/10/2011 12:40P
Papademos to Lead Greek Crisis Cabinet
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 12:38P
Muni Feathers Unruffled by Alabama County Bankruptcy
The world has not ended in muni-land, despite the largest-ever municipal bankruptcy filing late Wednesday by Jefferson County, Alabama. Average muni bond yields were completely unchanged across the market at midday Thursday,
Updated: 11/10/2011 12:37P
Viacom, Bad Boy Records Agree to Pay $7.5 Million to Settle 'Making the Band
questions such as imputed license fees and distribution of advertiser and subscriber fees, the parties got together and hashed out a deal. After a bankruptcy judge blessed the agreement, a district judge dismissed the lawsuit officially this week.
Updated: 11/10/2011 12:35P
Borders liquidator sells signed George Harrison guitar
“This guitar was a gift to Borders Books from George Harrison and comes with a custom, lighted 2-door lockable cabinet,” the now-removed listing said. “This guitar was displayed in the Borders corporate office lobby for many years, but due to the
Updated: 11/10/2011 12:27P
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