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Greece swears in unity cabinet and PM Lucas Papademos
The new government's most pressing task is to approve Greece's recent EU bailout package and avoid bankruptcy. Mr Papademos, who is not an elected MP, has said his priority will be to keep Greece in the eurozone. He is tasked with putting the
Updated: 11/11/2011 09:12A
Kevin Spacey Serves As American Airline's Latest Spokesman
After facing rumors of bankruptcy, American Airlines seems to be trying to perk up its image by bringing back actor Kevin Spacey to appear in a series of ads. Spacey's 60-second advert "The Individual" is one of a series of American Airlines ads that
Updated: 11/11/2011 09:11A
Statement of Sean Quinn after bankruptcy hearing
It is with great sadness and regret that I have applied for voluntary bankruptcy in the High Court in Belfast today. I was born, reared and worked all my life in County Fermanagh. It is for this reason that my bankruptcy application was made today in
Updated: 11/11/2011 09:10A
Italian Senate passes reforms
Italy's Senate has given its initial approval to a package of key economic reforms aimed at staving off bankruptcy, including state asset sell-offs and a liberalisation of local services. Final approval of the measures by the lower house -- expected on
Updated: 11/11/2011 09:02A
MF Global's collapse: a familiar tale of regulatory failure
Looking at MF Global's bankruptcy – over-leveraged and under-capitalised – I must ask: have we learned anything since 2008? This article was published on guardian.co.uk at 14.00 GMT on Friday 11 November 2011 . Jon Corzine stepped aside as CEO of MF
Updated: 11/11/2011 09:00A
Regulators should act fast for MF Global investors
Photo: REUTERS/Andrew Kelly At the time, the Securities and Exchange Commission and Commodity Futures Trading Commission supported this approach, issuing a joint statement saying the agencies have determined that a bankruptcy proceeding lead by SIPC is
Updated: 11/11/2011 08:59A
Ireland's Richest Man Now Bankrupt
Mr Quinn said he had done everything to avoid bankruptcy, which was declared at the High Court in Belfast. "I was born, reared and worked all my life in Co Fermanagh. It is for this reason that my bankruptcy application was made today in Northern
Updated: 11/11/2011 08:59A
Italian Senate Approves Reforms, Greece Moves To Ease Debt Crisis
Italy's Senate has approved a package of key economic reforms designed to fend off bankruptcy as Europe's worsening debt crisis threatens a new, region-wide recession. The package of reforms includes a sell off of state assets.
Updated: 11/11/2011 08:58A
Morning Book Links: A Border's Autopsy and an OWS Reading of 'Bartleby'
“When Borders declared bankruptcy in February, more than 200 of its 400 outlets were still 'highly profitable,' says its final chief executive officer, Mike Edwards.” [BusinessWeek] Martin Amis's biography might be badly written, but this review is
Updated: 11/11/2011 08:57A
Italian Senate gives initial approval to key reforms
Italy's Senate on Friday gave its initial approval to a package of key economic reforms aimed at staving off bankruptcy including state asset sell-offs and a liberalisation of local services. Final approval of the measures by the lower house
Updated: 11/11/2011 08:56A
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