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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... 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 | 3 years ago | updated 3 years ago
1069 views | 1 recommendation | 1 comment
1069 views | 1 recommendation | 1 comment
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... 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... 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... 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 | 3 years ago | updated 3 years ago
3869 views | 0 recommendations | 10 comments
3869 views | 0 recommendations | 10 comments
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... 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... 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... 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... 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... ‘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... GM Says Bankruptcy Won't Affect Its 2010 Olympic Sponsorship Deal
Despite filing for bankruptcy protection today, GM says it will stay committed to its Olympic Sponsorship deal with the 2010 Vancouver Olympic Games. US President Barack Obama announced that GM will file for...
created by Yuliya Talmazan | 3 years ago | updated 3 years ago
344 views | 4 recommendations | 1 comment
344 views | 4 recommendations | 1 comment
Uninsured Stuck With Bigger Medical Bills
If you are one of the 47 million Americans that have joined the ranks of the uninsured, what you may not know is that you may have to pay more for your medical treatment than your privately insured counterparts.
When individuals without insurance get sick, they... Chrysler won't repay bailout money
An administration official confirms that a $4 billion bridge loan and $3.2 billion in bankruptcy financing won't be paid back by Chrysler following bankruptcy. " Chrysler LLC will not repay U.S. taxpayers more than $7 billion in bailout money it received earlier this year... Top Members Today
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