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Newsroom Headlines

February 232010

  February 24, 2010 Survey: Hedge Funds to Invest More in Troubled Companies Hedge funds will increase their investments in distressed debt and equity this year and expect to make more money doing it

February 222010

  February 22, 2010 Rates, Solicitations Increase as New Credit Card Rules Go Into Effect Today A new federal credit card law that takes effect today that could erase billions of dollars a year in

February 192010

  February 19, 2010 Dodd to Offer New Finance-Overhaul Bill Senate Banking Committee Chairman Christopher Dodd (D-Conn.) plans to introduce a new financial-overhaul bill next week, giving a boost to

February 182010

  February 18, 2010 Administration Pushed to Expand Foreclosure-prevention Program The Obama administration is facing increasing pressure from lawmakers and housing advocates to retool its troubled

February 172010

  February 17, 2010 Commercial Real Estate Delinquencies Increased in January      Fitch Ratings reported yesterday that delinquencies for collateralized debt obligations (CDOs) made up of U.S

February 162010

  February 16, 2010 U.S. Looks to Reluctant Foreign Investors to Help Fund Housing Market The Federal Reserve is scheduled at the end of March to halt its purchases of mortgage-backed securities, and

February 122010

  February 12, 2010 Dodd to Work with Corker on Financial Regulatory Overhaul Measure Senate Banking Chairman Christopher Dodd (D-Conn.) said yesterday that he would work with Sen. Bob Corker (R-Tenn

February 112010

  February 11, 2010 Bi-Lo Unsecured Creditors Withdraw Their Reorganization Plan  A group of unsecured creditors has dropped its competing proposal to reorganize bankrupt supermarket chain Bi-Lo LLC

February 102010

  February 10, 2010 Arena Media Files for Chapter 11 to Sell Its Assets Arena Media Networks LLC (AMN) filed for chapter 11 on Monday in an attempt to divest its assets before losing the ability to

February 92010

  February 9, 2010 Rights Offering Is Centerpiece of Aleris' Bankruptcy Exit Plan Aleris International Inc. has rolled out a reorganization plan centered on a $690 million backstopped rights offering