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Report: Germany is preparing for Greece's exit from the euro zone
Two months ago I wrote that Germany is preparing for Greek bankruptcy based on information from German Magazine Der Spiegel. In that article i mentioned the following: There are two schools of thought about a Greek default concerning Spain and Italy.
Updated: 11/12/2011 05:48P

Bankruptcy drops 25pc
But people who struck deals with collapsed ACT companies were paid 5c in the dollar less than the previous year. In the territory there were 54 debt agreements, where creditors agree to receive only part of their money back, finalised in 2010-11.
Updated: 11/12/2011 05:40P

Crowd cheers as Berlusconi quits power in eurozone crisis
Berlusconi submitted his resignation to President Giorgio Napolitano, triggering an explosion of joy in the Italian capital with people uncorking bottles of champagne, dancing in the streets and honking car horns. "I am deeply embittered," the
Updated: 11/12/2011 05:38P

Court motion filed to transfer MF Global Canada customer accounts
4 after trading privileges were suspended following the bankruptcy of the company's US parent, MF Global Inc. KPMG announced the filing of a motion with the Ontario Superior Court of Justice on Saturday saying the accounts it wants to transfer will
Updated: 11/12/2011 05:34P

Bankrupt LA Dodgers seek early auction of media rights
One person familiar with the situation said getting MLB to remain neutral on the contentious issue of a media rights sale was a major concession to get McCourt to agree to a sale of the storied team in bankruptcy court. Fox's Prime Ticket sports
Updated: 11/12/2011 05:29P

KPMG tries to transfer MF Global Canada accts
4 after trading privileges were suspended following the bankruptcy of the company's US parent, MF Global Inc. KPMG announced the filing of a motion with the Ontario Superior Court of Justice on Saturday saying the accounts it wants to transfer will
Updated: 11/12/2011 05:29P

LA Dodgers seek early auction of media rights
A batting helmet reflects the dugout of the Los Angeles Dodgers before the start of the Dodgers' American League MLB baseball game against the Minnesota Twins at Target Field in Minneapolis in this June
Updated: 11/12/2011 05:25P

L.A. Dodgers seek early auction of media rights
One person familiar with the situation said getting MLB to remain neutral on the contentious issue of a media rights sale was a major concession to get McCourt to agree to a sale of the storied team in bankruptcy court. Fox's Prime Ticket sports
Updated: 11/12/2011 05:20P

Judge dismisses suit against San Mateo County over $20M lost in Lehman Bros
AP San Mateo, Calif. — A judge has dismissed a lawsuit over $20 million in losses incurred by San Mateo County officials when investment bank Lehman Brothers went bankrupt. San Francisco Superior Court Judge Richard Kramer on Thursday affirmed a
Updated: 11/12/2011 05:19P

Suit filed against son of mob boss shows plan to raid company's trust and
A troubled business trying to avoid bankruptcy was an "ideal target" for a reputed mob associate and several others, a suit filed earlier this year claims. Nicodemo S. Scarfo - son of jailed mob boss "Little Nicky" Scarfo - and 12 others were indicted
Updated: 11/12/2011 05:15P

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