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$14 BILLION DOWN THE DRAIN - OBAMA DECIDES ON GM BANKRUPTCY »
Posted by: pc25 7 months, 3 weeks ago in News
This didn’t get much coverage from the mainstream media today, so I’ll run with the Reuters report from last night. After hemming and ...
(read more)Read (118) | Share | Discuss (12) | Read Full Story at hotair.com
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Lacroix Files for Bankruptcy Protection »
Posted by: cherrysweet00 5 months, 4 weeks ago in Humor
Christian Lacroix, the French couturier whose artistic and exuberant pouf dresses propelled him to fame in the 1980s, became the latest victim of the global ...
(read more)Read (108) | Share | Discuss (0) | Read Full Story at nytimes.com
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CIT files for Chapter 11 bankruptcy protection - washingtonpost.com »
Posted by: calitennflo 3 weeks, 1 day ago in Business & Finance
Lender CIT Group has filed for Chapter 11 bankruptcy protection, in an effort to restructure its debt while trying to keep loans flowing to the ...
(read more)Read (52) | Share | Discuss (0) | Read Full Story at washingtonpost.com
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Most bankruptcies tied to medical bills »
Posted by: Natureboy 5 months, 3 weeks ago in News
Medical problems contributed to nearly two-thirds (62.1 percent) of all bankruptcies in 2007, according to a study published in the August issue of the ...
(read more)Read (81) | Share | Discuss (0) | Read Full Story at singlepayeraction.org
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Capitalism without Bankruptcy »
Posted by: populist 9 months, 4 weeks ago in Business & Finance
“Capitalism without the threat of bankruptcy is like Christianity without the threat of hell. It doesn’t work very well.”
(read more)Read (72) | Share | Discuss (0) | Read Full Story at blog.acton.org
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What Was the Point of Bailing out GM? »
Posted by: onlyonesecret 5 months, 2 weeks ago in News
General Motors should have filed for Chapter 11 bankruptcy protection last fall, if not earlier. It was obvious in 2008 that GM was deep in ...
(read more)Read (73) | Share | Discuss (3) | Read Full Story at cato.org
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Wells Fargo acquiring Wachovia for $15.1 billion »
Posted by: hsaleem 1 year, 1 month ago in Business & Finance
SAN FRANCISCO - Wells Fargo says it is acquiring Wachovia in an all-stock transaction worth about $15.1 billion, as Wachovia ends talks with rival suitor ...
(read more)Read (695) | Share | Discuss (6) | Read Full Story at news.yahoo.com
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Chrysler Accidentally Files For Chapter 17 »
Posted by: capnews 6 months, 2 weeks ago in Humor
An exasperated President Obama said he will make an example of the troubled automaker by forcing the company to follow through with its mistaken filing.
(read more)Read (167) | Share | Discuss (0) | Read Full Story at crystalair.com
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The Moral Bankruptcy Behind the Bailouts »
Posted by: populist 9 months, 3 weeks ago in Political News
This is bad news for the American taxpayer and even worse news for the quality of life of future generations. Every newborn in America is ...
(read more)Read (36) | Share | Discuss (0) | Read Full Story at acton.org
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Chrysler could still avoid bankruptcy »
Posted by: mafihotz 7 months ago in Business & Finance
With a government-imposed deadline for massive restructuring less than a week away, Chrysler LLC and Treasury Department officials are still holding out hope that they ...
(read more)Read (109) | Share | Discuss (0) | Read Full Story at news42day.com
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Obama Blames Lenders for Pushing Chrysler Into Bankruptcy »
Posted by: Progressive 6 months, 3 weeks ago in Business & Finance
Chrysler, the country's third-largest auto company, filed today for Chapter 11 bankruptcy protection under a plan that President Obama said will give the troubled ...
(read more)Read (78) | Share | Discuss (0) | Read Full Story at washingtonpost.com
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CIT Rescued No Thanks To Obama! »
Posted by: FairNBalanced 4 months ago in Business & Finance
WASHINGTON — CIT Group Inc.'s board approved a deal late Sunday with major bondholders to keep the company out of bankruptcy with a $3 billion ...
(read more)Read (146) | Share | Discuss (7) | Read Full Story at huffingtonpost.com
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NY Restaurant Tailor Files for Bankruptcy »
Posted by: ZagatBuzz 6 months, 2 weeks ago in News
As reported in Crain's , the restaurant Tailor filed for bankruptcy on Thursday. It listed over 70 creditors and about $300,00 in debts, including ...
(read more)Read (169) | Share | Discuss (1) | Read Full Story at dinersjournal.blogs.nytimes.com
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789 Chrysler dealerships closing, Arizona is on the list »
Posted by: losama 6 months, 1 week ago in News
The move, which the dealers can appeal, is likely to cause devastating affects in cities and towns across the country as thousands of jobs are ...
(read more)Read (228) | Share | Discuss (0) | Read Full Story at azfamily.com
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Chrysler Bankruptcy Could Come As Early As Next Week »
Posted by: TimALoftis 7 months ago in Business & Finance
DETROIT — The Treasury Department is preparing a Chapter 11 bankruptcy filing for Chrysler that could come as soon as next week, people with direct knowledge ...
(read more)Read (145) | Share | Discuss (0) | Read Full Story at nytimes.com
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