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Greek coalition partner backs down on EU
A minor partner in Greece's new unity government on Sunday dropped objections to giving the European Union written reform pledges in return for loans shielding the country from bankruptcy. The move by George Karatzaferis, head of the small far-right
Updated: 11/20/2011 05:23P
Washington area bankruptcy filings for the week of nov. 21
These firms recently filed with the US Bankruptcy Court's local court clerk's offices. Under Chapter 11 of the federal bankruptcy code, a company is protected from claims by creditors while it attempts to reorganize its finances under a plan approved
Updated: 11/20/2011 05:14P
Hedge fund exit requests up in November - GlobeOp
While authorities have touted the fact that they are returning 60 percent of the collateral and cash that had been frozen in the wake of the broker's October 31 bankruptcy, a closer look shows that in fact only about 40 percent of customers' total
Updated: 11/20/2011 05:10P
Solyndra setback
Last week Stephen Chu, the US energy secretary, was grilled for an entire day on Capitol Hill over the bankruptcy of Solyndra, the solar-panel maker, which had been kept afloat by a $535m taxpayer guarantee. No clear links were uncovered between the
Updated: 11/20/2011 05:10P
Greece's New PM Heads for Brussels in the Search for Cash
Greece's new prime minister headed to Brussels on Sunday to fight for the aid Athens needs to avoid bankruptcy, even as one of his coalition backers refused to give a written pledge to support reforms and a public-sector union readied itself for
Updated: 11/20/2011 05:08P
Greek coalition partner backs down over EU
By AAP | 21.11.2011 07:59 AM A minor partner in Greece's new unity government on Sunday dropped objections to giving the European Union written reform pledges in return for loans shielding the country from bankruptcy. The move by George Karatzaferis,
Updated: 11/20/2011 04:16P
Greek PM in bid to tap Brussels for cash
Greece's new prime minister headed to Brussels yesterday to fight for the aid Athens needs to avoid bankruptcy, even as one of his coalition backers refused to give a written pledge to support reforms and a public sector union geared up for strikes.
Updated: 11/20/2011 04:04P
Insight: Anger rises as MF Global clients see billions frozen
While authorities have touted the fact that they are returning 60 percent of the collateral and cash that had been frozen in the wake of the broker's October 31 bankruptcy, a closer look shows that in fact only about 40 percent of customers' total
Updated: 11/20/2011 03:41P
Chicago Tribune files reorganisation plan
Chicago: Tribune, the owner of the Los Angeles Times and Chicago Tribune newspapers, has filed a third reorganisation plan with the US Bankruptcy Court in Delaware as the media company attempts to address concerns raised by the court last month.
Updated: 11/20/2011 03:35P
Rough waters ahead for shipping industry
New York-listed General Maritime, the United States' second-largest owner of tankers, sought Chapter 11 bankruptcy protection on Nov 17 after securing a rescue package from key creditors to allow its operations to continue. First Securities ASA analyst
Updated: 11/20/2011 03:04P