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Energy Secretary Steven Chu On Solyndra: Everything Was 'Proper'
The remarks indicate that Chu will continue to defend the green energy loan guarantee program that gave the now-bankrupt solar panel company more than $527 million in taxpayer dollars. When it comes to the clean energy race, America faces a simple
Updated: 11/16/2011 03:05P
Business / In Brief • November 16, 2011
Attorneys told bankruptcy court Monday that California-based Prime Healthcare Services will replace MidCap Financial LLC. The new lender also is a potential buyer for the Ewa and Liliha hospitals. Prime Healthcare has been under scrutiny for its
Updated: 11/16/2011 02:59P
Giordano's bought by Victory Park for $61.6M
The Connie's Pizza principals entered a $26 million “stalking horse” bid last month for Giordano's restaurant assets, not including real estate. Giordano's trustee, attorney Philip Martino of Quarles & Brady LLP, listed the assets for bid as five
Updated: 11/16/2011 02:59P
CFTC Plans Vote on 'MF Rule' to Restrict Use of Client Funds
It would govern how client assets may be invested in money-market funds as well as limit investments in foreign sovereign debt and internal repurchasing agreements. Gensler delayed the rule in July after being lobbied by broker-dealers and their
Updated: 11/16/2011 02:59P
Live Updates: Inside MF Global's Bankruptcy Hearing
By DEALBOOK Robert Stolarik for The New York TimesA 2010 hearing at the federal bankruptcy court in lower Manhattan. A proposal to set up a claims process for customers of MF Global is the focus of a hearing today at the federal bankruptcy court in
Updated: 11/16/2011 02:53P
SP Newsprint Files for Bankruptcy Protection
SP Newsprint Holdings LLC, Greenwich, Ct., and its subsidiaries SP Newsprint Co., SP Recycling Corp. and SEP Technologies LLC , have filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States
Updated: 11/16/2011 02:52P
BC-BBN--Dodgers Bankruptcy, BBN
Dodgers attorneys filed a complaint Wednesday in Delaware bankruptcy court saying Fox attorneys violated the automatic halt to litigation against a debtor in bankruptcy by sending a letter to the Dodgers' financial adviser. The Nov.
Updated: 11/16/2011 02:49P
Green Fiascoes and Boondoggles
A barrage of news headlines on the Solyndra (1) scandal continue to remind us that President Obama made green jobs one of his administration's priorities. Those headlines also reveal this initiative to have been a costly mistake.
Updated: 11/16/2011 02:48P
Ruden McClosky: $19.4M accounts receivable
Ruden was once among the largest firms in South Florida, capitalizing on the real estate boom of the early 2000s. But when that boom collapsed, Ruden had trouble shifting gears. One possible indicator of the firm's recent troubles is the age of the
Updated: 11/16/2011 02:47P
Giordano's bought by PE firm for $61.6M
The Connie's Pizza principals entered a $26 million “stalking horse” bid last month for Giordano's restaurant assets, not including real estate. Giordano's trustee, attorney Philip Martino of Quarles & Brady LLP, listed the assets for bid as five
Updated: 11/16/2011 02:45P