Newsroom Headlines

  May 31, 2006 Bayou Management Hedge Fund Group Files for Bankruptcy Bayou Management LLC, the hedge fund group that failed last year after losing hundreds of millions of investor dollars in a

  May 30, 2006 U.S.  Bankruptcy Filings Drop to a 20-Year Low The total number of U.S. bankruptcies filed during this year's first quarter fell to 116,771, the lowest on record in more than 20 years

  May 26, 2006 Congress Aims to Finish Work on Pension Reform Next Month Lawmakers said that it will be at least next month before Congress finishes legislation to overhaul the traditional U.S

  May 25, 2006 PBGC Objects to Delta Pilot Deal The Pension Benefit Guaranty Corp. (PBGC) filed a court objection on Wednesday to a Delta Air Lines pensions deal with its pilots' union, calling it an

  May 24, 2006 Autos GM Seeks More Time for Delphi Talks General Motors is asking a New York bankruptcy judge to adjourn hearings as long as two months to give the company and its largest supplier

  May 23, 2006 Proposed Pension Bill Amendment Would Have PBGC Chief Appointed by the President Senate Finance Chairman Charles Grassley (R-Iowa) and ranking member Sen. Max Baucus (D-Mont.) said

  May 22, 2006 Experts Questioning Effectiveness of Credit Counseling Requirement of Law Experts are pointing out that a basic problem with the credit-counseling requirement of the new bankruptcy law

  May 19, 2006 Pension Legislation Conferees Likely to Miss Another Deadline House Education and the Workforce Chairman Buck McKeon (R-Calif.)  said Thursday that negotiators working to reconcile the

  May 18, 2006 U.S.  Treasury Sees Acceptable Pension Bill Emerging A U.S. Treasury pension expert on Wednesday said he was 'cautiously optimistic' that Congress would soon send President George W

  May 17, 2006 Congressman Says that Airline Aid to Be Included in Pension Bill The final version of a pension reform bill will include special relief for U.S. airlines, the head of a U.S. House and