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Vallejo 1-cent sales tax Measure B up by 71 votes
Vallejo can use all the tax income it can get, after emerging two weeks ago from bankruptcy. Faced with soaring public employee costs and plunging tax revenue, the city filed for bankruptcy in May 2008, becoming one of the largest US cities to take
Updated: 11/12/2011 07:57P
Bad Biz: Blood-Letting at MF Global
(AP) NEW YORK — A futures exchange that handled trades by failed broker MF Global said Friday that it will cover as much as $300 million to help speed the release of funds frozen since the firm filed for bankruptcy protection.
Updated: 11/12/2011 07:39P
Monti tipped to lead Italy after Berlusconi quits
Finance Minister Evangelos Venizelos kept his post in the incoming team, which includes a former EU commissioner and several far-right lawmakers and will need to push through painful austerity measures to avoid bankruptcy. The government's first job is
Updated: 11/12/2011 07:32P
Driven to bankruptcy
By P. Selvarani Easy-to-get car loans have driven more Malaysians into bankruptcy, with the numbers soaring, especially in the last six years. Of the more than 100000 people declared bankrupt between 2005 and September this year, 25 per cent comprised
Updated: 11/12/2011 07:19P
Bankruptcies still trend lower than '10
The number of people and businesses filing for bankruptcy in October declined year over year for the 17th straight month. In October, there 215 bankruptcy filings in Boone, Ogle, Stephenson and Winnebago counties. That was 14 percent fewer
Updated: 11/12/2011 07:05P
Frank McCourt seeks court's OK to sell Dodgers TV rights
In an effort to get owner Frank McCourt the highest possible sale price for the Dodgers, team attorneys asked the US Bankruptcy Court on Saturday to let him sell the team's television rights as well. Fox Sports, which holds those rights
Updated: 11/12/2011 06:57P
Occupy Bankruptcy!
One area where this supposed deregulation actually tightened the noose (on the middle class, of course, not the investment banks) was the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) of 2005. Initiated under Clinton and signed into
Updated: 11/12/2011 06:43P
* 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 06:36P
Europe reforming its economy
The idea was floated in the face of Greece's bankruptcy. Chancellor Angela Merkel and President Nicolas Sarkozy hinted at the possibility after the recent Group of 20 summit in Cannes, when former Greek Prime Minister George Papandreou spoke about a
Updated: 11/12/2011 06:12P
CORRECTED - 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 05:51P