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WSJ: Muni Bonds Offer Safety, Juicy Yields
Munis haven't been infected with contagion from the European bond meltdown and haven't suffered from last week's bankruptcy filing by Jefferson County, Ala. – the largest municipal failure in US history. In the past, municipal bankruptcy rates have
Updated: 11/14/2011 10:55A
MF Global actions may cost farmers, elevators millions
On Halloween, the commodities firm MF Global Inc. filed for bankruptcy, and the effect is being felt in rural Minnesota. It was three years to the day since VeraSun filed for bankruptcy, which also had an effect.
Updated: 11/14/2011 10:43A
TMSF to receive $24 million from Murat Demirel's Egebank
The Savings Deposit Insurance Fund (TMSF) is set to receive $24 million, the amount of money that was secretly transferred abroad from Turkey's Egebank prior to its bankruptcy in 1999, after a Cayman Islands court approved the repatriation.
Updated: 11/14/2011 10:36A
Western Governments Are Heading Toward Bankruptcy
If it is money printing, hyperinflation and bankruptcies, then the implications for the masses would be the same. In relation to the off-balance-sheet commitments, one important point to note is that the governments will not allow risky asset classes
Updated: 11/14/2011 10:32A
Dynegy 3Q Loss Deepens on Softer Prices, Gas Generation
Dynegy (DYN), which saw one of its major subsidiaries file for bankruptcy earlier this month, reported a much wider third-quarter loss, as weak prices and lower demand continued to cripple operations. The company was impacted by lower generation for
Updated: 11/14/2011 10:26A
Jefferson County's tussle with receiver John Young over sewer system scheduled
(Birmingham News/Linda Stelter) BIRMINGHAM, Alabama -- The standoff between a Jefferson County Commission bent on bankruptcy protection and the receiver appointed by jilted creditors is scheduled for a courthouse scuffle on Nov. 21.
Updated: 11/14/2011 10:20A
Can I File My Own Bankruptcy in Phoenix? Just Say No.
While the forms will inform you generally of what needs to be disclosed, there are certain things that unless you are trained in the law in bankruptcy you may not complete correctly. For instance, you are required to list all "transfers" of property.
Updated: 11/14/2011 10:20A
Liquidating Trust in Advanta Corp. bankruptcy files preference actions
Part of Advanta's plan involved ABC funding a new portfolio of loans backed by triple net credit leases on commercial real estate. Decl. at *13. According to Advanta, the FDIC rejected the "net lease loans," which in turn led to the company's decision
Updated: 11/14/2011 10:20A
The Daily Docket: Dynegy Bondholders Seek Examiner
The bankruptcy court's stamp of approval on a plan to take collapsed Nevada real-estate project Inspirada out of Chapter 11 isn't stopping objecting builder Meritage Homes Corp., which is appealing the court's order. Read the Daily Bankruptcy Review
Updated: 11/14/2011 10:15A
Laid-Off Staff Lash Out At Former CEO
'Happy holidays, Corzine, from all your employees who've been fired without severance packages!'. 'I have two little kids, it's almost Christmas, the economy stinks - how am I gonna find a job ?'. 'Corzine went to the blackjack table and took a 100%
Updated: 11/14/2011 10:13A
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