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Southern Montana Electric seats Beartooth member; rescinds rate hike
HELENA — Montana's Public Service Commission members Thursday indulged in another binge of personal rancor and finger-pointing, this time over whether to get involved in a multimillion-dollar bankruptcy of an electric cooperative.
Updated: 11/17/2011 09:58P
MF Global trustee moves to return $520 million in client cash (Reuters)
(Reuters) – The trustee overseeing the bankruptcy of MF Global filed on Tuesday for permission to release 60 percent of the near $900 million in client cash that has been frozen at the commodity brokerage for more than two weeks.
Updated: 11/17/2011 09:54P
MF Global trustee moves to return $520 million in client (Reuters)
(Reuters) – The trustee overseeing the bankruptcy of MF Global filed on Tuesday for permission to release 60 percent of the near $900 million in client cash that has been frozen at the commodity brokerage for more than two weeks.
Updated: 11/17/2011 09:53P
Greek government set to win confidence vote despite sniping (Reuters)
ATHENS (Reuters) – A national unity government aiming to save Greece from bankruptcy was set to win a parliamentary vote of confidence on Wednesday but the leader of the conservative faction gave only qualified support. Prime Minister Lucas Papademos
Updated: 11/17/2011 09:53P
U.S. Postal Service losses mount to $5.1 billion
FG_AUTHORS: AP The US Postal Service said Tuesday it has lost $5.1 billion in the past year, pushing it closer to imminent default on a multibillion-dollar payment and to future bankruptcy as the weak economy and increased Internet use drive down mail
Updated: 11/17/2011 09:44P
'Detroit on threshold of bankruptcy'
The mayor of Detroit says the northeastern US city is suffering from a financial crisis that would push it pass the bankruptcy threshold if proper measures were not taken soon. Detroit would run out of cash next April and find itself USD 45 million
Updated: 11/17/2011 09:38P
Excerpts from Thursday's American chat with the Star-Telegram
But in North Texas, everyone from dry cleaners to real estate agents will share in the pain. From “Jose”: Why is AA only seeking lower costs from one group, the pilots? That's 8000 employees out of 50000. Andrea Ahles: American is currently in
Updated: 11/17/2011 09:34P
Italy passes confidence vote amid anti-austerity clashes
Colleen Barry AP ROME—Against the backdrop of anti-austerity protesters clashing with riot police, Italy's new premier urged Italians on Thursday to accept sacrifices to save their country from bankruptcy, but pledged economic growth and greater social
Updated: 11/17/2011 09:34P
State lawmakers push to get rid of Jefferson County's sewer receiver
(more) Now that Jefferson County Commissioners have voted to file bankruptcy they want the man appointed to oversee the sewer debt out. Not one of the 18-member Jefferson County House Delegation voted against Representative Paul DeMarco's resolution
Updated: 11/17/2011 09:31P
Jefferson County, Alabama, files for bankruptcy
Unable to meet payments on a $4.1 billion debt, Jefferson County, Ala., filed for bankruptcy November 9. It's the largest bankruptcy filing for a municipality in US history and a harbinger of what the propertied owners and their
Updated: 11/17/2011 09:14P
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