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January 252012

January 25, 2012 Obama Outlines Mortgage Refinancing Proposal, Mortgage Crisis Unit in State of the Union Address In his State of the Union speech, President Barack Obama answered Ben S. Bernanke's

January 202012

January 20, 2012 American Airlines Falls Short on Pension Payment American Airlines' parent made only a small fraction of the roughly $100 million payment it was scheduled to contribute to the company

January 272012

January 27, 2012 Analysis: CEO Bonuses Continue to Flow for Distressed Firms Some corporations over the past few years have found perfectly legal ways to escape federal scrutiny of CEO bonus pay

February 32012

  February 3, 2012 Mayor Says Providence Could Face Bankruptcy without Retiree Benefit Cuts, Nonprofit Payments Providence, R.I., Mayor Angel Taveras painted a bleak picture yesterday of the city's

January 302012

January 30, 2012 Lehman Debt Dominates Bankruptcy Trading SecondMarket Inc. said in a report on Friday that the lion's share of the $36 billion in bankruptcy claims that traded hands in 2011 was debt

February 22012

February 2, 2012 Judge Rejects Motion to Convert MF Global Case to Chapter 7 Bankruptcy Judge Martin Glenn rejected requests by some former customers o MF Global Holdings Ltd. to convert the case to a

January 312012

January 31, 2012 Cutoff Looms on Mortgage Settlement Talks State attorneys general have until Friday to join a potential national settlement of alleged foreclosure abuses, the  Wall Street Journal 

February 12012

February 1, 2012 PBGC Pressures American Airlines The Pension Benefit Guaranty Corp. (PGBC) signaled yesterday that it was ready to fight to prevent American Airlines from using bankruptcy to shed its

February 62012

February 6, 2012 Deal Is Closer for a U.S. Plan on Mortgage Relief With a deadline looming today for state officials to sign onto a landmark multibillion-dollar settlement to address foreclosure

February 152012

February 15, 2012 Energy Conversion Files for Bankruptcy Lightweight solar product maker Energy Conversion Devices Inc. filed for chapter 11 protection yesterday, the latest in a string of solar