That got your attention! Too bad I’m making it up.
Yesterday, I gave my arguments in favor of the preferred count. Today, I was going to play devil’s advocate, and actually wrote an entire article along those line. That took two…
Who is James Koutoulas and how did the 30-year-old commodities investor end up leading the charge to recover $1 billion for customers from one of Wall Street’s biggest bankruptcies?
http://finance.fortu…bal-bankruptcy/
Nine weeks after its bankruptcy, the general public still hasn’t quite realized the implications of the MF Global scandal.
My own sense is, this is the first tremor of the earthquake that’s coming to the global financial system. And how the centr…
NPR link
Sales up 25%, quality survey results up, repaid 8 billion loan, now helping Fiat parent company.
Driven by the pre-ACA US healthcare system into bankruptcy, Chrysler handed off 255K retiree and their pensions to the govt pension board.
General Motors is expecting a $35 billion pension shortfall that could delay share buyback or payments to shareholders, according to Bloomberg. The shortfall trumps the automaker’s market cap which fell to $33.1 billion last month.
GM which emerged …
So the debt ceiling thing is “solved” but that may have been the least of the market’s problems. If my numbers are correct, the Treasury…
Hmmm. Maybe I shouldn’t be reading Forbes magazine for financial advice…..
Forbes Media recently found itself in technical default, and while the situation has improved, the company is not out of the woods yet. Fortune obtained the financial record…
Bankruptcies are coming soon to a municipality near you…
Link
This is really a very scary situation.
WASHINGTON – A growing number of Americans can’t afford a home or don’t want to own one, a trend that’s spawning a generation of renters and a rise in apartment construction.
Many of the new renters are former owners who lost homes …
TWO years ago Howrey was one of the world’s 100 biggest law firms by revenue, with nearly 700 lawyers in eight countries. Profits exceeded $1m per partner. The American firm, which specialised in intellectual-property suits, had had several specta…
