Nov
13
Lehman's Bankruptcy and the Hidden $138 Billion Bailout of JP Morgan
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One advance of $87 billion was made on Sept. 15 after the pre-dawn filing, and another of $51 billion was made the following day, according …
Source:Lehman's Bankruptcy and the Hidden $138 Billion Bailout of JP Morgan
Nov
13
General Motors' Massive Negative Equity
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GM and to a lesser extent Ford are broke and run operations which are simply economically unviable. They really should therefore go bankrupt and have …
Source:General Motors' Massive Negative Equity
Nov
9
Analyst says intervention big mistake
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It’s Henry Paulson, it’s Ben Bernanke and his predecessor Alan Greenspan, they created this mess, not the free market and there’s no …
Source:Analyst says intervention big mistake
Nov
8
Circuit City to Close 155 Stores?
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A number of rumors were circulating around the web on Sunday, with more than one site saying that on Monday Circuit City will be announcing …
Source:Circuit City to Close 155 Stores?
Nov
6
BIRMINGHAM, Ala. (AP) Alabama’s largest county appears headed for the biggest municipal bankruptcy in U.S. history, a $3.2 billion mess created by …
Source:Alabama county faces biggest US municipal bankruptcy
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