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GM posts $1.33 billion profit, a sign of strength
GM lost $88 billion in the five years before it filed for bankruptcy protection last June. Although GM is performing well, the timing still isn't right for
Updated: 08/12/2010 09:30A

FairPoint asks Vermont PSB to give bankruptcy plan another chance
In June, the Vermont Public Service Board rejected FairPoint's plan to emerge from bankruptcy because it was not convinced the ILEC had the financial
Updated: 08/12/2010 09:13A

GM Turnaround Continues With Strong Quarter
GM did not report second-quarter results a year ago because it spend part of the period reorganizing under bankruptcy protection. The second-quarter profit
Updated: 08/12/2010 08:35A

A.M. Vitals: Genzyme Factory Fixes Will Take Longer Than Thought
Coverage Reinstated: Former employees of companies going through Chapter 11 bankruptcy proceedings are fighting to hold on to health-insurance and other
Updated: 08/12/2010 08:34A

Sea Island Files for Bankruptcy, to Sale
The Sea Island Co. has filed for Chapter 11 bankruptcy and has announced plans to sell The Cloister, The Lodge and the various clubs, spas and golf courses
Updated: 08/12/2010 08:23A

General Motors Quarterly Profit Rises to $1.5 Billion
During the second quarter, GM finished repaying $8.4 billion in US and Canadian loans assumed as it emerged from bankruptcy. Whitacre has said he is eager
Updated: 08/12/2010 08:11A

Brokered Show Host Faces Fraud Charges Over Debt Clearance Operation
The complaint noted that BURKE told customers at seminars that "bankruptcy is not an option," yet filed for bankruptcy himself twice in the last 13 years.
Updated: 08/12/2010 08:02A

GM profits surge past $1 bln as IPO looms
The Treasury Department still owns 61 percent of GM, which received 50 billion dollars of government financing for its bankruptcy restructuring that led to
Updated: 08/12/2010 08:00A

Two candidates had money problems
MONTPELIER -- One candidate for Congress survived a Chapter 7 bankruptcy. One ran up tax debts with the Internal Revenue Service that
Updated: 08/12/2010 08:00A

Innkeepers' preferred shareholders seek examiner
Private equity firm Apollo currently owns Innkeepers but it will be wiped out once the company emerges from bankruptcy and transfers ownership to Lehman,
Updated: 08/12/2010 07:53A

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