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State Approves New Ownership For Majestic
The Indiana Gaming Commission has approved new ownership for Gary's Majestic Star casino, which is undergoing bankruptcy reorganization. Our partners at The Times of Northwest Indiana report Minnesota-based Wayzata Investment Partners is among the
Updated: 11/11/2011 10:20A
Papademos sworn in, heads Greek cabinet of stalwarts
ATHENS, Nov 11 (Reuters) - Technocrat Prime Minister Lucas Papademos took office on Friday to save Greece from bankruptcy, heading a coalition cabinet filled with many of the same politicians who led the
Updated: 11/11/2011 10:18A
Lax Law Enforcement Means MF Global Mistakes Will Be Repeated
The US Department of Justice accused Refco executive officers Phillip Bennett, Tone Grant, Santo Maggio, and Robert Trosten, and other former Refco insiders of directing a series of transactions every year from 1999 through 2005 (and quarterly starting
Updated: 11/11/2011 10:14A
Municipal bankruptcy in Alabama largest in US history
Municipal bankruptcy of Alabama's Jefferson County is the largest in American history. But will the county surrounding Birmingham, Ala. emerge stronger from its municipal bankruptcy? This file photo provided by the Birmingham Regional Chamber of
Updated: 11/11/2011 10:14A
Market Post: A Closed Market Allows Breather From JeffCo
On Thursday, the Jefferson County, Ala., bankruptcy filing stole headlines, leaving the rest of the muni world quiet. Munis finished Thursday steady along most of the curve with up to a three basis point increase from the belly of the
Updated: 11/11/2011 10:10A
Papademos sworn in as new Greek PM
By RFI Greek Prime Minister Lucas Papademos has been sworn in as the head of a new coalition government aimed at ratifyng a crucial European Union bailout deal to pull the country back from the brink of bankruptcy. Finance Minister Evangelos Venizelos
Updated: 11/11/2011 10:09A
The Daily Docket: Lehman to Sell Neuberger Stake
Read the Daily Bankruptcy Review article here. Federal regulators looking for $600 million in client money that disappeared right before MF Global Holdings Ltd. filed for bankruptcy say they're perplexed by poor record-keeping, The Wall Street Journal
Updated: 11/11/2011 10:04A
Tycoon at center of Irish bank disaster bankrupt
Sean Quinn successfully filed for bankruptcy protection in the British territory of Northern Ireland rather than in the Republic of Ireland. British law permits bankrupts to resume business after one year, while the Irish ban them for 12 years.
Updated: 11/11/2011 10:02A
Minnesota investment firm takes control of 2 Majestic Star casinos in
AP Gary, Ind. — A Minnesota investment firm has taken over two northwestern Indiana casinos as the casino company continues going through bankruptcy reorganization. The Indiana Gaming Commission on Thursday approved the transfer of licenses for the
Updated: 11/11/2011 10:00A
Greece swears in unity coalition
Greece's new unity government under interim Prime Minister Lucas Papademos was sworn in on Friday to ratify a crucial European Union bailout deal and pull the country back from the brink of bankruptcy. Finance Minister Evangelos Venizelos kept his post
Updated: 11/11/2011 09:58A
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