bankruptcy - most popular headlines NowPublic

Government will lose $2.3 billion from CIT bankruptcy

CIT, the largest firm to go bankrupt after getting a federal bailout, $2.33 billion in taxpayer money to be exact. CIT failed to win a second government bailout in July or persuade bondhoders to swap $30 billion in debt to prevent a bankruptcy filing this month. CIT's Chapter...

created by mollyzelvonberg | 7 wks ago | updated 7 wks ago
42 views | 0 recommendations | 1 comment

LarryDeezell

2

Allen Stanford Back in Jail after Banged Up From brawl

Alleged mastermind of a $7 billion fraud, Allen Stanford, is back in his jail cell after suffering a mild concussion, broken nose and two black eyes in a prison brawl last week. "Stanford, 59, was injured in a...

created by LarryDeezell | 12 wks ago | updated 12 wks ago
103 views | 10 recommendations | 0 comments

Hansom cabs await diners at Tavern On The Green

Jim in Times Square

2

6

Tavern on the Green Restaurant in NYC Files for Chapter 11

Tavern on the Green, a famous restaurant in the middle of Central Park, has filed for Chapter 11 Bankruptcy protection. It will have to yield its license to another operator. "In a statement, the current license...

created by Amy Judd | 14 wks ago | updated 14 wks ago
146 views | 6 recommendations | 3 comments

zegi

4

BBC To Turn The Collapse Of Lehman Brothers Into A Movie

BBC announced it turned the bankruptcy of Lehman Brothers -- one of the biggest Wall Street collapses in history into a movie. The saga surrounding the downfall of Lehman Brothers in 2008 named “The Last Days Of...

created by Yuliya Talmazan | 17 wks ago | updated 17 wks ago
274 views | 0 recommendations | 2 comments

Norway Towns Sue Citi Over Losses

Seven Norwegian municipalities are suing Citigroup Inc after losing millions of US dollars on investments. The towns are seeking $200 million in damages together with Norwegian firm Terra Securites. Terra bought the structured notes from Citigroup in May and June 2007, and...

created by Annina Bergman | 19 wks ago
56 views | 0 recommendations | 0 comments

*7-16-09* (Day 197) - A Walk on the Beach

jeffy_pop20

46

13

Crocs Facing Bankruptcy, Hoorah!

The dreaded Crocs, favoured by overweight mid-westerners on the brink of mid-life crises and naive children, is facing bankruptcy. Even after selling over 100 million pairs of the comfortable-yet-embarrassing...

created by Blaine Metzgar | 22 wks ago | updated 19 wks ago
2530 views | 0 recommendations | 10 comments

PIM of SPAIN

6

Could Hyperinflation Happen?

Theoretically, yes. Hyperinflation is a scary thought. Technical definitions vary, but while it could be argued that mild inflation can be a sign of a growing economy, hyperinflation is certainly never a good...

24

opinion by PIM of SPAIN | 19 wks ago
777 views | 26 recommendations | 20 comments

Amy Judd

1

Christian Lacroix Rescued from Bankruptcy by Chevalier Blanc

The fashion house of Christian Lacroix is no longer facing bankruptcy, thanks to Chevalier Blanc. a wine producer from Bordeaux. Christian Lacroix filed for bankruptcy protection in May, and although there have...

created by Amy Judd | 20 wks ago | updated 20 wks ago
259 views | 10 recommendations | 2 comments

Mitt Romney Op-Ed- Let the Auto Industry Go Bankrupt

politisite

1

NASCAR pleased after GM pulls out of bankruptcy

NASCAR Driver and Owners are happy that GM has pulled out of Bankruptcy. " JOLIET, Ill. -- The swift exit of General Motors from bankruptcy protection was good news for NASCAR's industry leaders, who count...

created by nascanner | 23 wks ago
115 views | 0 recommendations | 0 comments

Spoiler_3

3

The NEW GM !

Allll riiiigght! America's heavyweight automaker has reentered the fray, "leaner and meaner", we hope! At least, that's what's been reported by the Associated Press. So,...

opinion by Mortal | 23 wks ago | updated 23 wks ago
188 views | 8 recommendations | 2 comments

Amy Judd

1

Eddie Bauer files for Chapter 11 Bankruptcy protection

Eddie Bauer, the U.S clothing giant, has filed for Chapter 11 Bankruptcy protection and announced it wants to sell itself for $202 million to CCMP Capital, which is a private equity firm. Eddie Bauer filed for...

created by Amy Judd | 26 wks ago | updated 26 wks ago
802 views | 34 recommendations | 2 comments

Doctor Says Obama Healthcare Plan Has Real 'Mechanical' Problems

BMCWrites

1

Doctor Says Obama Healthcare Plan Has Real 'Mechanical' Problems

"The Grouch” is a Tennessee emergency room physician who penned a must-read piece today under the headline, Socialized Auto Repair and Car Care. In it, he diagnoses some real “mechanical problems” of...

65

opinion by BMCWrites | 26 wks ago
219 views | 2 recommendations | 0 comments

coasterdave

55

4

Six Flags Amusement Park files for bankruptcy

Six Flags Amusement Park, the popular theme park destination, has filed for bankfuptcy in Delaware, after failing to reach a decision with lenders to settle their debt out of court. This is the latest U.S company...

created by Amy Judd | 27 wks ago | updated 27 wks ago
615 views | 33 recommendations | 9 comments

It Will Take a Miracle for GM to Pay U.S. Back

BMCWrites

1

It Will Take a Miracle for GM to Pay U.S. Back

I was impressed by What I Learned Today about the “bill of goods” that is being sold to the American taxpayer in the form of the government rescue of General Motors: $30.1 billion = 60 percent stake in New...

65

opinion by BMCWrites | 27 wks ago
124 views | 1 recommendation | 2 comments

‘Pack Up Your Troubles in Your New S__t Bag’

The kind of bag Americans might soon need is different than the song-inspiring bag into which they packed all their troubles nearly a century ago — and it’s not a “kit” bag. In 1915, when George Asef and Felix Powell came up with the lyrics for the song, “Pack Up...

65

opinion by BMCWrites | 28 wks ago
86 views | 10 recommendations | 0 comments

NowPublic