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CIT Sells $3.25 Billion in Biggest Bond Sale Since Bankruptcy
2 (Bloomberg) -- CIT Group Inc. sold $3.25 billion of debt in its second and biggest bond sale since emerging from bankruptcy in December 2009 as the small-business lender led by John Thain pays back “high-cost debt” this quarter.
Updated: 02/02/2012 07:43P

Kodak gives up Oscars sponsorship to move out of bankruptcy
From: AP EASTMAN Kodak Co wants to end its contract for naming rights to the glamorous Los Angeles theatre that hosts the Academy Awards as it tries to improve its financial position enough to move out of bankruptcy. A flock of celebrities descend on
Updated: 02/02/2012 07:36P

Fixing your bad credit is doable
Coinciding with this alarming figure, the site further states that more than 2 million Americans look to credit counselors each year to avoid bankruptcy. Before your finances fall into the bankruptcy category, you can take steps to help turn your bad
Updated: 02/02/2012 07:16P

Union fury as Shell closes pension scheme despite making £18bn profit
by Graham Hiscott, Daily Mirror 3/02/2012 Fuel giant Shell has been accused of “moral bankruptcy” for announcing profits of £18billion – just a month after closing its final salary pension scheme for new recruits. The multinational's haul soared 54%
Updated: 02/02/2012 07:10P

Bankrupt Kodak gives up Oscars
From: AP EASTMAN Kodak Co. wants to end its contract for naming rights to the glamorous Los Angeles theatre that hosts the Academy Awards as it tries to improve its financial position enough to move out of bankruptcy.
Updated: 02/02/2012 06:57P

Some of 550 people seeking restitution for alleged Wis. clergy abuse say claim
The archdiocese filed for bankruptcy protection last year, saying pending sex-abuse lawsuits could leave it with debts it couldn't afford. As part of the filing, all sex-abuse victims were given until Wednesday to file a claim seeking monetary damages.
Updated: 02/02/2012 06:48P

Kodak asks to pull name from Oscars theatre
NEW YORK: The century-old photography trailblazer Eastman Kodak has filed a request to pull its name from the Los Angeles Theater hosting the Oscars as part of bankruptcy proceedings launched last month. The request filed at a New York bankruptcy court
Updated: 02/02/2012 06:45P

Kodak asks to pull name from Oscars theatre
NEW YORK: The century-old photography trailblazer Eastman Kodak has filed a request to pull its name from the Los Angeles Theater hosting the Oscars as part of bankruptcy proceedings launched last month. The request filed at a New York bankruptcy court
Updated: 02/02/2012 06:45P

Founder of ORNGE Chris Mazza fired
The news came as ORNGE placed ORNGE Global, the for-profit entity Mazza created, into bankruptcy. Also terminated was Maria Renzella, chief operating officer of ORNGE Global. ORNGE said no severance package has been offered to either.
Updated: 02/02/2012 06:20P

Founder of ORNGE Chris Mazza fired
The news came as ORNGE placed ORNGE Global, the for-profit entity Mazza created, into bankruptcy. Also terminated was Maria Renzella, chief operating officer of ORNGE Global. ORNGE said no severance package has been offered to either.
Updated: 02/02/2012 06:20P

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