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Opposing Views: What if the US Postal Service went bankrupt and closed?
How would bankruptcy and closure of the US Postal System affect our lives and our society? The US Postal Service employs more than 500000 people. Its debt estimate is approximately $15 billion. The USPS overpaid its employee pension system by $75
Updated: 11/20/2011 10:25A
Mega Banks Hit with Lawsuits Over MF Global Debacle
Seven banks (NYSEARCA:KBE) among others have been named as defendants in a lawsuit filed Friday afternoon over the October 31 bankruptcy of MF Global Holdings Ltd. The lawsuit accuses Bank of America Corp (NYSE:BAC), Citigroup Inc
Updated: 11/20/2011 10:03A
Swiss regulator sees need for more bank measures
ZURICH--(MarketWatch) -- The director of Swiss financial regulator FINMA, Patrick Raaflaub, said that recently introduced rules for banks were generally well developed but that bankruptcy regulation needs to be improved, he tells Swiss
Updated: 11/20/2011 09:27A
Future of Crystal Cathedral not clear as church faces bankruptcy
But it saw revenue plummet in 2008, and despite massive budget cuts, sought bankruptcy protection last year. Now, congregants question the future of the church without the building they have come to love — and that has given the ministry its name.
Updated: 11/20/2011 09:10A
In our view: Fair Competition
Suppose you're a retailer struggling to make ends meet and teetering on the brink of bankruptcy. A customer walks into your store, picks up one of your widgets, looks on the back, writes something down on a piece of paper, sticks the paper in his
Updated: 11/20/2011 09:05A
Reinventing Our Community: Building corporate leadership (video)
Bankruptcy by Jefferson County. A metro area falling farther behind its peers in the South. A haunting record of corruption. The challenge is rooted in leadership: For metro Birmingham to move forward, stronger leadership is imperative from every
Updated: 11/20/2011 08:05A
If wishes were dishes, we'd all be squeaky clean
By John Archibald -- The Birmingham News I wish somebody would cure cancer. I wish, for that matter, they'd develop a vaccine for dumb. I wish Terminal Station still stood downtown, that the World Football League had lasted and that Birmingham really
Updated: 11/20/2011 07:21A
What if the US Postal Service went bankrupt and closed?
If the USPS went bankrupt, one of the existing delivery companies could purchase desirable USPS equipment and real estate for pennies on the dollar, hire some of the existing USPS employees and be up and running in a short time.
Updated: 11/20/2011 07:06A
Devine forced to sell flat to pay off debt
This court order ends the former politician's legal right to live in the property. Devine is also facing a defamation action launched by Kinley. A former trades union official, Devine is the only MP from Scotland who was jailed following the 2009
Updated: 11/20/2011 07:03A
Lost Lake, lost dreams
But Graham says he's limited in what he can do because a Thurston County Superior Court judge appointed a receiver to oversee the resort's future after Graham defaulted on a $3.3 million loan to develop the property. He's also dealing with the fallout
Updated: 11/20/2011 07:02A
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