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Jefferson County walks perilous bankruptcy road, experts say
By Barnett Wright -- The Birmingham News Enlarge Joe Songer -- The Birmingham News Jefferson County Commission president David Carrington looks over the Chapter 9 bankruptcy filing in the doorway of his office at the Jefferson County Courthouse.
Updated: 11/13/2011 06:31A
Advisers, regulators must heed MF's lessons
Now, what was the primary cause of the bankruptcy of MF Global Holdings Ltd.? One final question: What warning sign did the regulators who oversaw MF Global fail to act on soon enough to stave off its bankruptcy? MF Global's bankruptcy illustrates
Updated: 11/13/2011 06:14A
10 Tips on How to Switch from Business Failure to Business Success
If you read my articles a couple of years ago, I wrote about my near-bankruptcy experience. I was dragged down by my 2 ailing businesses – both were franchise units of a leading business service franchise in my country. It was 2009, and at that time,
Updated: 11/13/2011 05:42A
French weekly magazines review
The euro debt crisis remains the towering issue in this week's magazines as Greece and Italy effect regime change, in desperate efforts to save their countries from bankruptcy. L'Express summarises the stakes in a telling headline,
Updated: 11/13/2011 05:40A
Fall of richest man in Ireland as Quinn is declared bankrupt
But by declaring himself bankrupt in Northern Ireland it also means he only has to wait a year before going back into business – rather than 12 years in the Republic. He claimed to have been left with no alternative but to take the “drastic decision”
Updated: 11/13/2011 05:36A
TV set is at the heart of 10-year court fight in Lexington
The Halpins bought a $43161.69 home entertainment system that includes the TV from Bill Hardy in 2002. The Halpins paid an additional $4264.19 to have it installed. According to the Halpins, the system didn't work properly. They maintained that the TV
Updated: 11/13/2011 05:36A
Challenges ahead for new Greek PM
Papademos faces a race against time to save debt-stricken nation from bankruptcy after a historic power-sharing deal. Lucas Papademos, Greece's new prime minister, has held urgent talks with French President Nicolas Sarkozy and German Chancellor Angela
Updated: 11/13/2011 04:32A
Jack Purdy's property empire listed for court
A personal bankruptcy petition against Purdy is due to be heard in Edmonton Dec. 2. Purdy started buying properties in Bamfield, a tiny community, about 13 years ago. But almost all the businesses remain closed and buildings have fallen into disrepair,
Updated: 11/13/2011 04:05A
Political strategist Crystal Martin files for bankruptcy
A bulk-mail company in Sacramento has said Bhupinder Gill, a Sacramento resident who is not related to Kash Gill, paid for the mailers and falsely identified himself as being with Martin's business, Smart Marketing. "I don't understand whether
Updated: 11/13/2011 03:53A
Banking system little changed
The bankruptcy filing last week by MF Global Holdings Ltd. didn't freeze lending and panic investors around the world, as Lehman Brothers' did in 2008. But the rapid fall of the firm run by former New Jersey Gov. Jon Corzine shows risky behavior
Updated: 11/13/2011 03:49A