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Assured Guaranty Reconsiders Backing Alabama Munis -CEO
Assured was the only established bond insurer able to maintain a financial profile strong enough to maintain a credit rating high enough to continue selling insurance on public-finance debt through the financial crisis. Its larger competitors' ratings
Updated: 11/15/2011 12:52P
Bankrupt Hawaii Medical Center gets new lender, more time to find buyer for 2
AP Honolulu — Bankrupt Hawaii Medical Center has found a new lender, allowing more time to secure a buyer for its two Oahu hospitals. Attorneys told bankruptcy court on Monday that California-based Prime Healthcare Services will replace MidCap
Updated: 11/15/2011 12:51P
Jefferson County bond insurer sides with receiver John Young in filing
(Birmingham News Photo Linda Stelter) BIRMINGHAM, Alabama -- A bond insurance company on the hook for almost $1 billion if Jefferson County were to default on all the sewer obligations said in court papers today US Bankruptcy Judge Thomas Bennett
Updated: 11/15/2011 12:47P
Jon Corzine Campaign Cash Could Be Returned by Obama Administration
MF Global CEO Jon Corzine, whose risky bets on sovereign debt have contributed to the company filling for bankruptcy pro... Read Moretection. MF Global chief Jon Corzine donated $5000 to President Barack Obama's re-election campaign in April,
Updated: 11/15/2011 12:46P
Peter Brant's SP Newsprint files bankruptcy
The law firm representing SP Newsprint in the bankruptcy did not immediately respond to a request for comment. Another of Brant's companies, newsprint manufacturer White Birch Paper Co, filed for bankruptcy protection in February 2010.
Updated: 11/15/2011 12:38P
Assured Reviews Insuring in States Without Bankruptcy Checks
15 (Bloomberg) -- Assured Guaranty Ltd., the only active municipal bond insurer, said it will reconsider guaranteeing public bonds in states without procedures for reviewing and approving local bankruptcy petitions after filings by Alabama's Jefferson
Updated: 11/15/2011 12:36P
Millions May Have Been Missing From MF Global Before Bankruptcy Filing
The Wall Street Journal reported that days before it filed for bankruptcy bank protection, hundreds of millions of dollars might have gone missing from customer accounts at MF Global Holdings (NYSE:MF). The likelihood of a shortfall in customer funds
Updated: 11/15/2011 12:34P
3 Things You Must Know About Choosing a Mesothelioma Attorney
A firm that exclusively handles asbestos lawsuits will not only have a seasoned team to work on your case that is up to date on asbestos law and bankruptcy claims, they will also already have all the investigative work thoroughly researched in every
Updated: 11/15/2011 12:22P
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The government has borrowed and spent Venezuela into virtual bankruptcy. Corruption is at astronomical levels USD 30 billion in Fonden alone, along with most of USD 100 billion spent overseas, is not accounted for Life in Venezuela is going from the
Updated: 11/15/2011 12:15P
SP Newsprint Holdings, Affiliates File for Bankruptcy in Delaware
SP Newsprint Holdings LLC and three affiliates, manufacturers of newsprint and paperboard, filed for bankruptcy protection in Delaware. The company listed both assets and debts in the
Updated: 11/15/2011 12:11P