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A year later, no charges in bankrupt Anderson rivet maker's pollution, fraud case
The Steins' real estate on American Way was among their most valuable assets, and Kimbell held the mortgage. Because it was purchased under the name Anderson Business Park, the real estate didn't get tied up in the bankruptcy.
Updated: 11/13/2011 02:36P
What Conrad Black did to Hollinger differs from What Mitt Romney did to Dade
Later, just after Mr. Romney stepped down from his role, Bain took $242 million out of the business in a transaction that, according to bankruptcy documents and several former Dade officials, weakened the company. Even some people who benefited from
Updated: 11/13/2011 02:22P
China shipyards are in troubled waters as new orders dry up
HONG KONG (Reuters) – China's shipbuilding industry, the world's largest by capacity, is struggling, with some smaller shipyards on the brink of bankruptcy as orders dry up amid global economic uncertainties. New orders of China's more
Updated: 11/13/2011 01:15P
New Greek PM begins rescue mission
After Greece's two biggest parties put aside a bitter dispute to give him the job last week, Papademos will launch a parliamentary debate tonight that will culminate in a Wednesday confidence vote in his cabinet. He will then attend the Eurogroup
Updated: 11/13/2011 01:08P
When Billionaires Go Bankrupt: The Fate Of Ireland's Once Richest Man
How does the former richest man in Ireland, who was worth $6 billion, end up declaring bankruptcy? Well, you owe people a heck of a lot. Sean Quinn started his career in the 1970s and built up an impressive empire that dealt in everything from mining
Updated: 11/13/2011 01:05P
MF Global fires 1000 workers from bankrupt company
THE court-appointed trustee overseeing the liquidation of MF Global's brokerage unit laid off 1066 employees on Friday, the biggest wave of job cuts at the firm since it filed for bankruptcy nearly two weeks ago. Trustee James Giddens said the layoffs
Updated: 11/13/2011 01:03P
Romney The Marauder, And Bankruptcy As A Means to Success
Michael Barbaro's examination of Mitt Romney's business record for The New York Times is focused on his deal, while the head of Bain Capital, to take over an Illinois medical equipment company called Dade International in 1994.
Updated: 11/13/2011 12:32P
Italy's man of the moment Monti: The anti-Berlusconi
ROME - Italy turned the page on Sunday after Silvio Berlusconi's resignation, with ex-European commissioner Mario Monti set to take over to try and avert bankruptcy for eurozone's third-largest economy. The 68-year-old economist was set to be nominated
Updated: 11/13/2011 12:23P
Ex-Commissioner Monti tipped to lead Italy after resignation of Berlusconi
ROME -- Italy held talks on a new government Sunday after Silvio Berlusconi's resignation as ex-European Commissioner Mario Monti prepared to take over to try and avert bankruptcy for the eurozone heavyweight. The 68-year-old economist was set to be
Updated: 11/13/2011 11:23A
Greece PM to begin rescue mission ahead of confidence vote
Greece's new prime minister Lucas Papademos will seek to take advantage of a rare political truce on Monday to push through austerity and radical reform aimed at restoring the country's tattered credibility and staving off bankruptcy.
Updated: 11/13/2011 11:19A
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