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Solyndra Funds Mostly Lost to Taxpayers, Chu Tells Lawmakers
17 (Bloomberg) -- Energy Secretary Steven Chu told lawmakers he was responsible for the $535 million US loan guarantee to Solyndra LLC and said he doubted much of the money would be recovered after the company's bankruptcy. Chu, who once predicted the
Updated: 11/17/2011 02:29P
MF Global customers to get long-sought $520 million
US Bankruptcy Judge Martin Glenn approved the payout at a hearing on Thursday in Manhattan. The payout is 60 percent of the $869 million that was frozen since October 31 across commodity customer accounts that contained only cash, the trustee James
Updated: 11/17/2011 02:22P
Cumulus Media Puts AR Broadcasting Unit, Into Bankruptcy
17 (Bloomberg) -- Cumulus Media Partners LLC, an owner of radio stations in Dallas, Houston and San Francisco, put one of its units, AR Broadcasting Holdings, Inc., into bankruptcy. AR Broadcasting owes fewer than 1000 creditors as much as $100 million
Updated: 11/17/2011 02:21P
MF Global customers to get long-sought $520 mln
US Bankruptcy Judge Martin Glenn approved the payout at a hearing on Thursday in Manhattan. The payout represents 60 percent of the $869 million that has been frozen across commodity customer accounts that contained only cash, the trustee James Giddens
Updated: 11/17/2011 02:15P
General Maritime Files for Bankruptcy After Freight Rates Slump
17 (Bloomberg) -- General Maritime Corp., the second- largest US owner of oil tankers, filed for bankruptcy protection from creditors after falling oil demand and a surplus of ships led to two years of losses. The New York-based company listed assets
Updated: 11/17/2011 02:14P
Judge OKs $520 mln payout to MF Global customers
US Bankruptcy Judge Martin Glenn approved the payout at a hearing on Thursday in Manhattan. The payout represents 60 percent of the $869 million that has been frozen across commodity customer accounts that contained only cash, the trustee James Giddens
Updated: 11/17/2011 02:13P
From Solyndra circus to clean energy reform
Unlike one-time government payments such as grants or tax credits, CEDA would have the flexibility to reuse returns on investments to back new private investments, highly leveraging limited taxpayer resources for maximum impact.
Updated: 11/17/2011 02:11P
Judge OKs $520 Million Payout to MF Customers
US Bankruptcy Judge Martin Glenn approved the payout at a hearing on Thursday in Manhattan. The payout represents 60 percent of the $869 million that has been frozen across commodity customer accounts that contained only cash, the trustee James Giddens
Updated: 11/17/2011 02:04P
INTC, MU, QQQ, PEIX, CSCO - Stocks to watch at NASDAQ
LLC, Pacific Ethanol Madera LLC, Pacific Ethanol Columbia, LLC, Pacific Ethanol Stockton, LLC and Pacific Ethanol Magic Valley, LLC, each commenced a case by filing voluntary petitions for relief under the Bankruptcy Code in the United States
Updated: 11/17/2011 02:03P
Genmar finally files
General Maritime has filed for Chapter 11 bankruptcy protection to give it space to climb out of the financial quagmire. Its move came after a long struggle with its balance sheet and was accompanied with details of fresh investment.
Updated: 11/17/2011 01:56P
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