Newsroom Headlines

  July 10, 2009 Autos General Motors Emerges from Bankruptcy The new General Motors Co. exited chapter 11 protection today with the automaker emerging as a leaner, more-focused company after only 40

  July 9, 2009 Congressional Panel Examines Consumer Protection Agency Plan; Legislation Introduced to Create Agency Facing skeptical House Energy and Commerce members concerned about losing

  July 8, 2009 Claimants in GM Tort Cases Are Denied Bankruptcy Judge Robert Gerber ruled yesterday that an appeal of General Motors’ sale of most of its assets by asbestos claimants and car accident

  July 7, 2009 Congress Set to Tackle Credit-Rating Firms Congress is poised to rein in credit-rating agencies that have been tagged as one of the culprits for the bust in the housing market when they

  July 6, 2009 Analysis: Bankruptcies Low in States that Don't Seize Wages States that allow debt collectors to seize consumers' wages have sharply higher bankruptcy rates than neighboring states that

  July 2, 2009 Bank Fees Rise as Lenders Try to Offset Losses Despite the tough economic times and increased scrutiny from lawmakers, banks are keeping most fees at record highs, and are making slight

  July 1, 2009 Analysis: Insured, but Still Bankrupted by Health Crises Health insurance is supposed to offer medical and financial protection, but an estimated three-quarters of people who are pushed

  June 30, 2009 Supreme Court Turns Down Chapter 11 Claim Priority Suit The Supreme Court yesterday denied Zurich American Insurance Co.'s petition for a writ of certiorari in its suit against

  June 29, 2009   Logistical Shortfalls Constrain Plan to Stem Foreclosures In the four months since the Treasury Department program was put in place to help as many as four million distressed

  June 25, 2009 New Study Shows Borrowers in Foreclosure More Likely to Have Stripped Equity A new study by researchers Michael LaCour-Little of California State University at Fullerton and Eric