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Who cares for Greece?
By Nikos Konstandaras As Greece's bankruptcy draws near and the war of nerves between our European partners and Antonis Samaras intensifies, I am reminded of the great King Solomon. We all know the story of his wisdom, which peaked with his realization
Updated: 11/22/2011 08:32A
MF Global Can't Find $1.2 Billion Of Clients' Money
MF Global is the securities firm run by Wall Street veteran and former New Jersey Gov. Jon Corzine. The firm filed for bankruptcy protection last month after making bad bets on European government bonds. A trustee was appointed to wind down the
Updated: 11/22/2011 08:17A
Movie Magnate Claims Wrecking Crew Infiltrated Radar Pictures
(At this point, 8 pages into the 19-page complaint, one is compelled to wonder why a billionaire film producer had not made a few phone calls to check these guys out.) Field claims that the defendants "presented ... agreements to Radar Pictures,
Updated: 11/22/2011 08:16A
HBAN, AMAT, AAPL, PEIX, MRVL - Stocks to watch after the trading bell rings
The Company operates in four segments: retail and business banking; commercial banking; automobile finance and commercial real estate, and wealth advisors, Government finance and home lending. Applied Materials, Inc. (NASDAQ: AMAT) percentage change
Updated: 11/22/2011 08:09A
BUSINESS: Perdue delays facility's move to Seaford
SALISBURY -- As is the case across the nation, Salisbury's real estate market isn't ideal, and... SALISBURY -- When Bill Knopf took over the Washington High School golf team three years ago, he... SALISBURY -- Parkside senior Brie Custis is going to
Updated: 11/22/2011 07:50A
Missing millions at MF Global may be double initial estimate
Jon Corzine, double previous estimates, the court-appointed trustee overseeing the brokerage's bankruptcy said Monday. "At present, the Trustee believes that even if he recovers everything that is at US depositories, the apparent shortfall in what MF
Updated: 11/22/2011 07:33A
Cumulus and its creditors are due back in court December 20 over 4 stations
The pre-packaged Chapter 11 bankruptcy reorganization of some Cumulus subsidiaries in Houston-Beaumont and Kansas City is going according to plan. The so-called “first day” hearing was held in a Wilmington, Delaware federal bankruptcy court last Friday
Updated: 11/22/2011 07:19A
MF Global 'Shortfall' May Hit $1.2bn
The Court-appointed trustee overseeing the US side of MF Global's bankruptcy has said that the 'shortfall', or monies missing from the business, could hit $1.2bn - double the $600m authorities were initially thought to be investigating.
Updated: 11/22/2011 07:18A
Financial ETF Roundup: Ex-U.S. Edition
This fund tracks the Solactive Brazil Financials Index, which includes companies that have their main business operations or are domiciled in Brazil. This ETF offers a diversified exposure to the sub-sectors of the financial industry with around 40% in
Updated: 11/22/2011 07:16A
Frontline says must restructure to beat industry blues
Though it said bankruptcy was not an option and it aimed to repay lenders, it also warned that raising new equity would be a challenge and selling assets would be hard. Bankers expect bankruptcies and restructuring to gather pace in the crude tanker
Updated: 11/22/2011 07:14A
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