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Deadline Looms As Fate Of 2 Oahu Hospitals Is Unknown
HONOLULU -- At the 11th hour, the Hawaii Medical Center is not ready to throw in the towel, instead the operator of the West and East hospitals is hoping for a fairy tale ending. HMC has until midnight Thursday to identify a buyer for one or both of
Updated: 11/10/2011 09:54P
Coming to a Municipality Near You: Bankruptcy
Its most populous county, Jefferson, filed the largest municipal bankruptcy in the history of the United States. Jefferson County's troubles began in the 1990s when a federal court forced it to upgrade its sewer system to meet the EPA's clean-water
Updated: 11/10/2011 09:52P
Bankruptcy Rarely Offers Easy Answer for Counties
Martin Swant/The Birmingham News, via AP David Carrington, president of the Jefferson County Commission, in Birmingham, after the county's first bankruptcy hearing. By CAMPBELL ROBERTSON, MARY WILLIAMS WALSH and MICHAEL COOPER This article is by
Updated: 11/10/2011 09:42P
Greece picks ex-banker Papademos to avert bankruptcy
Giving his maiden speech moments after receiving a mandate from Greece's president, Mr Papademos, a respected former vice-president of the European Central Bank, said the crisis-hit country was at a crossroads as bankruptcy loomed.
Updated: 11/10/2011 09:28P
Follow From the Wires
BANGKOK (AP) — Sahattaya Vitayakaseat placed a tiny crown-shaped boat made from curled banana leaves and marigold flowers into the murky brown water and let it drift toward a park bench submerged by Bangkok's surging Chao Phraya
Updated: 11/10/2011 09:14P
MF Global Trustee Completes Commodity Account Transfers
Under bankruptcy law, Giddens must hold back enough collateral to cover a pro rata distribution of claims he estimates will be filed, and must determine the amount of all claims before more money can be released, he said to the commodities customers in
Updated: 11/10/2011 09:06P
Inside the Hunt for MF Global Cash
Several people who reviewed MF Global's trading records and balance sheet before or after the New York company filed for Chapter 11 bankruptcy protection Oct. 31 said they saw incomplete transactions, numbers that didn't seem to add up and other
Updated: 11/10/2011 09:00P
Jefferson County in Alabama files for historic bankruptcy
Robert Brooks, a finance professor at the University of Alabama, predicted that the filing would end up working in the county's favor. In the out-of-court settlement talks, an Alabama municipality was facing off against powerful banking entties,
Updated: 11/10/2011 08:55P
Jon Stewart Lays Out Jon Corzine
If the situation with Jon Corzine and the bankruptcy of MF Global were not so serious, then this recent performance by Jon Stewart hammering Corzine would be unbelievably hilarious. As it is, Stewart's shtick is merely riotous but also highlights the
Updated: 11/10/2011 08:40P
Gensler recuses himself from CFTC's probe of MF Global
The brokerage firm is being liquidated under the supervision of a bankruptcy court, and the Commodity Futures Trading Commission is trying to determine what happened to hundreds of millions of dollars missing from customers' accounts.
Updated: 11/10/2011 08:35P
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