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Italian senate set to vote on fresh austerity measures
Italian lawmakers are set to vote on a series of austerity measures Friday designed to fend off bankruptcy as the EU's third biggest economy threatens to provoke a new, region-wide recession. By FRANCE 24 REUTERS - Italy's Senate was set to vote on
Updated: 11/11/2011 01:31A

Bankruptcy News Boosts JeffCo Activity in Secondary
Secondary trading activity of Jefferson County, Ala., debt showed a significant uptick Thursday after the troubled county filed for bankruptcy late Wednesday. Trades reported by the Municipal Securities Rulemaking Board showed blocks of
Updated: 11/11/2011 01:23A

Alabama Issuers Brace for Jefferson County Fallout
DALLAS — Alabama issuers should not see their ratings lowered by the Jefferson County bankruptcy action, but investor perception could take its toll on future issues. Chris Coviello, vice president at Moody's Investors Service,
Updated: 11/11/2011 01:23A

Kingfisher defends viability
Mumbai: Kingfisher Airlines is still a viable business and there is no dispute over its survival, its Chief Executive said on Friday, in an effort to dismiss widespread speculation that the cash-strapped airline was staring at bankruptcy.
Updated: 11/11/2011 01:22A

Payne: Obama's auto straw man
The federal government should provide guarantees for post-bankruptcy financing and assure car buyers that their warranties are not at risk," penned the ex-Massachusetts governor. So much for letting them "meet their demise." In fact, Romney's approach
Updated: 11/11/2011 01:17A

Alabama county wades into bankruptcy
The biggest civic bankruptcy in American history could leave residents of Alabama's most populous county paying astronomical rates for public services performed by a skeleton crew of county workers. Or it could simply mean tightening the belt another
Updated: 11/11/2011 01:15A

Largest municipal bankruptcy in U.S. history is filed in Alabama
AP BIRMINGHAM -- Alabama's most populous county filed the largest municipal bankruptcy in US history in an effort to retake control of its beleaguered sewer system and reduce its $4.15 billion debt. Jefferson County's Chapter 9 filing gives it
Updated: 11/11/2011 01:10A

Oklahoma business briefs
s bankruptcy trustee proposes to distribute $2.09 million of bankruptcy estate assets to 676 former employees who have filed claims of wage and employment law violations, records show. In a motion filed in US Bankruptcy Court in Tulsa, trustee Patrick
Updated: 11/11/2011 01:10A

Former central banker to lead Greek government
FORMER European Central Bank vice-president Lucas Papademos will head Greece's new crisis coalition, the president's office said yesterday, ending suspense over who will try to save the country from default, bankruptcy and an exit from the euro zone.
Updated: 11/11/2011 01:08A

Banker appointed Greek leader
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: 11/11/2011 01:07A

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