Fannie, Freddie enact mortgage moratorium Charlotte Business Journal, NC - 33 minutes ago Borrowers who have missed three months or more of payments are eligible, as long as they have not declared bankruptcy and are living in the homes. ...
Citi urges short-selling ban Straits Times, Singapore - 47 minutes ago The SEC took the emergency action in September amid plunging share prices and a loss of investor confidence that pushed Lehman Brothers into bankruptcy. ...
Marsal to lead team of over 600 at Lehman Conde Nast Portfolio, NY - 28 minutes ago At the hearing in US bankruptcy court in Manhattan, the company received approval for a plan to hire about 480 employees and fill out its staff to about 620 ...
Eller Maritime battles creditors South Florida Business Journal, FL - 8 minutes ago At a Thursday hearing in bankruptcy court, lawyers for Eller and Carnival discussed the status of an ongoing forensic accounting that is trying to establish ...
Senate extends unemployment benefits MarketWatch - 53 minutes ago As for the big 2.5 (Chrysler hasn't been a full-fledged player for years).. they need a pre-packaged bankruptcy (sorry, that is the ex banker coming out in ...
World confronts a choice between chaos and order The Malaysian Insider, Malaysia - 38 minutes ago No one told him the banks were facing bankruptcy and the US an economic shock as severe as any since the Great Crash. The scale and speed of this turnround ...
ANALYSIS-US automakers must change course to get bailout Forex Pros, British Virgin Islands - 36 minutes ago Senate Banking Committee Chairman Christopher Dodd said some in Congress were interested in prepackaged bankruptcy -- where contracts with labor and ...
Auto aid effort collapses _ December reprieve? Examiner.com - 41 minutes ago If just one of the automakers declared bankruptcy, some estimates put US job losses next year as high as 2.5 million. Michigan's Democratic Gov. ...
Bank of New York Mellon to cut 1800 jobs PR-Inside.com (Pressemitteilung), Austria - 53 minutes ago Last month, it reported that third-quarter profit tumbled 53 percent on securities losses and a big charge to shore up funds hurt by the bankruptcy of ...
Local Dana retirees say change must come to save US automakers LimaOhio.com, OH - 37 minutes ago When Dana went through bankruptcy a couple of years ago, McClurg said, the union came up with $100 million in concessions out of the $125 million the ...
Is GM Too Big to Let Fail? Motley Fool - 32 minutes ago "Even if GM succeeds in averting a bankruptcy, we believe that the company's future path is likely to be bankruptcy-like," Lache wrote. ...
Auto aid effort collapses _ December reprieve? Forbes, NY - 46 minutes ago If just one of the automakers declared bankruptcy, some estimates put US job losses next year as high as 2.5 million. Associated Press writers Ken Thomas, ...
GM shares hit 70-yr low as quick bailout hopes dim Deepika, India - 51 minutes ago Even with a government bailout, Magliano said he saw a 25 percent change of bankruptcy for either automaker amid the credit crisis that has pushed US auto ...
Steve & Barrys to begin liquidating stores Oakland Press, MI - 31 minutes ago By MAE ANDERSON AP Retail Writer NEW YORK (AP) Steve & Barry stores and its parent company have abandoned plans to keep stores open during bankruptcy ...