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JeffCo legal fees to reach $1.5M a month
By the Numbers: Jefferson County's bankruptcy Jefferson County officials expect to spend up to $1.5 million a month on legal and professional fees associated with the county's ongoing bankruptcy fight. According to Commissioner of Finance Jimmie
Updated: 11/18/2011 06:07A
Alphagraphics files Ch. 11
The struggling printing company owes $1.4 million to its largest creditor, Utah-based Celtic Bank Corp., for a small business administration loan. That loan is at the crux of a lawsuit filed by A Dog Solutions alleging unreasonable debt collection,
Updated: 11/18/2011 06:05A
Chu: Solyndra bankruptcy 'unfortunate'
But Republicans pursued the theme of incompetence and political influence. Rep. Clifford Stearns, R-Fla., chairman of the Oversight and Investigations Subcommittee, said, "It is readily apparent that senior officials in the administration put politics
Updated: 11/18/2011 06:05A
Motor city grinds to a halt
The alternative for Detroit could well be bankruptcy. Detroit is one of a growing number of debt-laden US cities struggling to maintain services with shrinking tax revenue. And, as Craig McMurtrie reports, the town's embattled mayor is facing an uphill
Updated: 11/18/2011 06:05A
Money Problems Keeps Woman From Getting Bank Job
One casualty of the recession is the millions of people who've had to file for bankruptcy as a final attempt to restore their financial lives. But moving on after bankruptcy has proven difficult for one Ozarks woman. In fact she says it's cost her a
Updated: 11/18/2011 06:02A
Letter: Think about who really occupies Wall Street
The recent bankruptcy of investment firm MF Global gives us insight into Wall Street leadership. Jon Corzine, head of MF Global, is also the former chairman of Golden Sachs, a New Jersey governor and US senator. Mr. Corzine is a liberal Democrat,
Updated: 11/18/2011 05:33A
Republicans May Have Totally Killed The Solyndra Scandal By Bullying Steven Chu
So far, Solyndra's bankruptcy debacle has basically been a layup for the GOP, as the White House struggles to explain its political ties to the company, and its involvement in securing the $535 million energy loan. But House Republicans may have
Updated: 11/18/2011 05:31A
California diocese will buy Crystal Cathedral
Following a ruling by a bankruptcy court judge, the Diocese of Orange will purchase Crystal Cathedral--a 3000-seat church built under the pastorate of Protestant televangelist Robert Schuller in 1980--for $57.5 million. “Dr. Schuller has been a key
Updated: 11/18/2011 05:20A
Italian leader Monti faces second confidence vote
Against the backdrop of anti-austerity protesters clashing with riot police, Italy's new premier appealed to Italians on Thursday to accept sacrifices to save their country from bankruptcy, but pledged economic growth and greater social cohesion in
Updated: 11/18/2011 05:17A
New chapter for Delphi as public company
Many of those bad memories stem from Delphi's long-running bankruptcy, which stretched from 2005 to 2009. Several times the company appeared on the brink of getting out of bankruptcy only to be delayed — including one instance when new financing for
Updated: 11/18/2011 05:08A
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