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BP's bonds tumble, move to distressed debt funds
Several analysts have said they view bankruptcy concerns as overblown and argue the company has sufficient resources to cover its liabilities from the spill
Updated: 06/16/2010 03:58P
Still no decision on Rangers sale
A federal bankruptcy judge declined to decide whether to allow the controversial sale of the MLB Rangers to proceed, a somewhat surprise move after a day in
Updated: 06/16/2010 03:58P
Protesters' Message To Obama: Get Tough On BP
officials,? Bray told Talk Radio News. They really need to seize the assets of BP before they find some kind of financial loophole, possibly bankruptcy.?
Updated: 06/16/2010 03:45P
Energy bank Simmons cuts ties to outspoken founder
Just a week after he predicted the bankruptcy of BP Plc (BP.L), Simmons & Co said its founder would retire as chairman emeritus on June 30 and devote his
Updated: 06/16/2010 03:28P
An opportunity emerges out of the Gloomy Gulf
A loss of $20B is hardly something to cause a bankruptcy for this industry giant. BP also has about $15 billion in cash at this time, so coming up with the
Updated: 06/16/2010 03:04P
Blockbuster Pursues Contingency Financing
According to a person familiar with the matter, Blockbuster would likely try to file a "prepackaged" or "prearranged" bankruptcy if it has to restructure in
Updated: 06/16/2010 03:00P
Tronox Lenders Extend Deadline On $425M Bankruptcy Loan
Tronox Inc. (TRXAQ, TRXBQ) struck a deal with its lenders to extend a $425 million bankruptcy loan that
Updated: 06/16/2010 02:59P
Plosser Says Regulatory Revamp Unlikely to End Too-Big-to-Fail
Plosser said he prefers changes to the bankruptcy code, rather than the approach favored by legislation of creating an authority to wind down failing firms.
Updated: 06/16/2010 02:56P
Area video rental stores close
Five area video rental stores have closed, eliminating at least 11 jobs, after their parent company filed for bankruptcy.
Updated: 06/16/2010 02:51P
Fed's Plosser favors market discipline over rules
"We dont really require a full harmonization of bankruptcy regimes across nations," he said. "It is enough to seek agreement about the creation of a special
Updated: 06/16/2010 02:48P