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Retconning, death panels, and bailouts
Swagel says that the bill "gives the government discretion to bail out creditors" and that it should instead rely on bankruptcy proceedings, where "a judge ...
Updated: 04/27/2010 04:18P
Battered CIT returns to profitability
CIT's overall new loan and lease volumes declined "modestly" last quarter compared to the prior one, to $900 million, the company said Tuesday in its ...
Updated: 04/27/2010 04:11P
Epiq Systems, Inc. Announces First Quarter 2010 Results Led by 42% Growth for ...
Operating revenue for the Bankruptcy segment for the first quarter of 2010 was $24.6 million, up 42% compared to $17.3 million for the year ago quarter. ...
Updated: 04/27/2010 04:06P
U.S. Bankruptcy Court Approves Georgia-Pacific Purchase of Grant Forest ...
ATLANTA, April 27 /PRNewswire/ -- Grant Forest Products received approval late yesterday from the US Bankruptcy Court in Delaware, facilitating the ...
Updated: 04/27/2010 04:01P
Schwing America to pay Wells Fargo $27 million in reorganization
The White Bear Township-based company, in Chapter 11 bankruptcy protection and facing the possible conversion to Chapter 7 liquidation, will borrow $22 ...
Updated: 04/27/2010 04:00P
Greece needs EUR 150 billion to avoid bankruptcy
Greece needs EUR 150 billion in the next three years to avoid bankruptcy, Greek Naftemporiki daily reports on its website. Goldman Sachs chief economist for ...
Updated: 04/27/2010 03:56P
AIG Baker puts Vestavia Hills City Center in bankruptcy
Nick Whitehead, assistant general counsel for AIG Baker, said the bankruptcy filing is intended to protect the company's equity interest in the property, ...
Updated: 04/27/2010 03:56P
Bankruptcy 'should allow people to keep what they need'
The spokesperson for the Consumer Credit Counselling Service (CCCS) noted that the benefits of bankruptcy include the chance to write off unsecured debts, ...
Updated: 04/27/2010 03:20P
Financial Reform Hits Roadblock
It is not bankruptcy, since bankruptcy procedures are far too slow to deal with institutions that need constant access to liquidity. ...
Updated: 04/27/2010 03:14P
Man gets 6 months in day-care tax case
The FBI's investigation of the Kohlheims' bankruptcy court deception was triggered by the Journal Sentinel's series, "Cashing in on Kids," according to ...
Updated: 04/27/2010 02:54P
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