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Bank examining validity of Quinn bankruptcy
He was forced to relinquish control of the money-making Quinn Insurance wing in early 2010 after the Financial Regulator in Ireland warned its cash reserves had fallen below required industry standards. “Anglo is now tirelessly working with its PR
Updated: 11/11/2011 09:57A
An Unmitigated Disaster
I think we are at one of those times with the bankruptcy of MF Global. There's no question that the news and overall circumstances of the demise of the large commodities brokerage is widely known, but the significance of the event is not yet fully
Updated: 11/11/2011 09:54A
Ex-Sabres owner has interest in Dodgers
He pulled the Buffalo Sabres out of bankruptcy, is credited with stabilizing the hockey franchise and then selling the team at a significantly higher price. Now billionaire B. Thomas Golisano is interested in making a pitch for the another professional
Updated: 11/11/2011 09:49A
BASE METALS HIGHLIGHTS: Top Stories Of The Day
Zambia's newly elected government Friday doubled royalties for mining companies dealing in base metals as it seeks to fund an ambitious debut budget aimed at creating jobs and reducing poverty in the southern African nation.
Updated: 11/11/2011 09:48A
Tycoon at centre 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 09:48A
The Daily Dig: Fake 'No-Parking' Signs Trick Police Officers
(LAT) • Jefferson County, Ala. has filed for Chapter 9 bankruptcy protection with the largest municipal bankruptcy case in US history, involving more than $4 billion of debt. (AmericanCity&Country) • The 82 year old Ambassador bridge connecting
Updated: 11/11/2011 09:43A
Sean Quinn declares bankruptcy in Belfast
Mr Quinn said that he filed for bankruptcy in Northern Ireland because he lived and worked all his life in County Fermanagh. By declaring in Northern Ireland he will only have to wait one year to start a new business compared to 12 years in the
Updated: 11/11/2011 09:43A
Lehman Likely to Settle for .05 Cents on the Dollar for Bad Mortgages
Lehman Brothers Holdings Inc , which hopes next month to win court approval of its bankruptcy reorganization, agreed to a $40 million settlement of investor lawsuits claiming $7.7 billion of damages from mortgage debt. According to papers filed
Updated: 11/11/2011 09:41A
JeffCo, receiver fight for control of sewer system
In an emergency motion Thursday, receiver John Young Jr. sought a determination from US Bankruptcy Judge Thomas Bennett that he may continue operating the sewer system and is not required to turn control over to the county, which declared bankruptcy
Updated: 11/11/2011 09:38A
Leeds sells bonds just ahead of Jefferson County bankruptcy
By Victoria L. Coman LEEDS, Alabama -- One day before Jefferson County declared bankruptcy Wednesday, Leeds sold about $9 million of tax-exempt general obligation bonds. "We were very, very lucky, I'm telling you," Leeds Mayor Eric Patterson said
Updated: 11/11/2011 09:38A