Newsroom Headlines

  July 24, 2007 New Century Seeks $1 Million for Key Employees Bankrupt New Century Financial Corp. has sought permission to increase by roughly $1 million two funds designed to compensate and retain

  July 23, 2007 States Aim to Stem Tide of Home Foreclosures with Funds for Refinancing Hoping to slow the quickening pace of home foreclosures, about a half-dozen states are setting up funds to help

  July 20, 2007 Bernanke Breaks with Greenspan, Stresses Forecasts, Consumers Federal Reserve Chairman Ben S. Bernanke's appearance before Congress marked his clearest break yet with predecessor Alan

  July 19, 2007 Fed Trims Forecast for Growth Federal Reserve Chairman Ben S. Bernanke said yesterday that the economy was poised for moderate growth for the rest of this year, but that continuing

  July 18, 2007 Autos Tower Automotive Settles Pension Fund's Claims Bankrupt auto parts company Tower Automotive has reached a settlement with the pension fund that had guaranteed retirement benefits

  July 17, 2007 Alliance Bancorp Files for Bankruptcy Residential mortgage lender Alliance Bancorp has filed for chapter 7 bankruptcy and will liquidate its assets, the Associated Press reported

  July 16, 2007 House Hearing to Focus on Medical Debt and Bankruptcy The House Judiciary Subcommittee on Commercial and Administrative Law will hold a hearing on Tuesday titled 'Working Families in

  July 12, 2007 Study: Credit Card Disclosures Might Not Prevent Overspending by Consumers A study funded in part by the ABI Endowment Fund revealed that detailed disclosure of credit interest rates

  July 11, 2007 Congressional Hearings Focus on Hedge Fund Industry House and Senate committees will be holding hearings today focused on the hedge fund and private equity industries. T he Senate

  July 10, 2007 Court Tosses Creditors' Suit against Hedge Funds A federal appellate court on Monday ruled that the U.S. Trustee is the proper party to bring an equitable subordination claim, throwing