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U.S. CFTC watchdog faults Gensler for recusal from MF Global probe
ReutersBy Sarah N. Lynch and Douwe Miedema WASHINGTON, May 21 (Reuters) - The chairman of the U.S. derivatives regulator made a questionable call when he chose to distance himself from probing the demise of futures broker MF Global, the agency's internal...Tags: Religion and Belief, U.S. Senate Committee on Banking, Housing, and Urban Affairs, Republican Party, Financial Markets, Values
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Bob Lutz, Chinese in bid to buy Fisker Automotive -sources
ReutersDETROIT, May 21 (Reuters) - A boutique carmaker led by former General Motors Co executive Bob Lutz and China's largest auto parts supplier made an offer this month to buy cash-strapped "green" car company Fisker Automotive, people familiar with the matter...Tags: Finance, Forbes.com LLC, China, Passenger Cars, Hong Kong
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KidsPeace files for bankruptcy
Carrying $240 million in debt, Orefield-based KidsPeace filed for bankruptcy Tuesday. The move comes after years of struggles in which the organization that gives treatment to troubled and autistic children laid off workers and missed debt payments....
Tags: New York City, Finance, Politics, Guaranty Corporation, Pension and Welfare
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In Karoly will dispute, millions in administrative expenses
In the end, lawyers could end up with most of the money in the bitterly contested estates of Allentown medical malpractice attorney Peter Karoly and his wife, Dr. Lauren Angstadt. During six years of legal limbo, the estates have racked up $3.74...Tags: Finance, Judges, Allentown, Crime, Law and Justice, Economy, Business and Finance
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Analysis: Liquidity issues and lawsuits hit Mexico's homebuilders
ReutersMONTERREY, Mexico (Reuters) - Struggling with slowing home sales and a lack of liquidity, Mexico's top three homebuilders may have to seek bankruptcy protection if they fail to reach an agreement with creditors in the short term. Home sales at Geo , Urbi...Tags: Housing and Urban Planning, Politics, Bankruptcy, Interior Policy, Real Estate Sales
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Bridgeport Is Worse Off Than Stockton
Stockton is one of California's larger cities. Nearly a year ago, its city council voted to file for bankruptcy. This is the largest municipal bankruptcy filing in the nation's history. Bridgeport, however, is in worse financial condition that Stockton...
Tags: Finance, Crime, Law and Justice, Chris Shays, Politics, Pension and Welfare
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Car Promises That Weren't Kept
KickingTiresEver wonder what happened to events in the auto industry that were supposed to occur but didn't? You might have seen a news story on a site like ours of a promise by an automaker that sounded legitimate with lots......Tags: GMC, Auto Shows, Dodge, Fuel-efficient Vehicles, North American International Auto Show
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Report: GM stock prices finally eclipse $33 IPO price
Autoblog.comFiled under: GM, Earnings/Financials General Motors has reached an important milestone this morning: the price for one share of the company has climbed to over $33. That's higher than the Initial Public Offering price from 2010. At roughly 12:15PM Eastern... -
For Detroit in crisis, next six weeks determine bankruptcy fate
ReutersDETROIT (Reuters) - Bond restructurings, negotiated settlements with bondholders and bond insurers, and tough talk with unionized workers are on the agenda as Detroit's emergency financial manager tries to meet a self-imposed, six-week deadline to...Tags: Finance, Insurance, Financial Markets, Rick Snyder, Politics
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Special Report: The Rise and Fall of China's Sun King
ReutersHONG KONG (Reuters) - In a 2010 speech before a packed ballroom of university students in Sydney, Shi Zhengrong, founder of Chinese solar-panel maker Suntech Power Holdings Co Ltd, listed the people who had been important in his rise to fame and riches....Tags: Solyndra LLC, Environmental Issues, Entertainment Events, Financial Markets, Renewable Energy
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How not to run a local government
One of the more enjoyable aspects of my public career was an excellent relationship with public safety unions. Law enforcement, fire and EMT groups were supportive of my races for the state legislature, Congress and governor. Although not unheard of,...Tags: Finance, California Public Employees' Retirement System, Crime, Law and Justice, Robert L. Ehrlich Jr., Politics
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Ghosts of incinerator bond deal haunt Harrisburg election
Reuters* Democratic Party primary is on Tuesday * City is poster child for mismanaged public finances By Hilary Russ May 19 (Reuters) - In Harrisburg, Pennsylvania's cash-hungry capital city, local political battles are waged much as they are across the...Tags: Finance, Harrisburg (Dauphin, Pennsylvania), Credit Ratings, Bank of America Corp., ABC (tv network)
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Allentown Morning Call
May 20, 2013
|Story| Allentown Morning Call
May 16, 2013
|Story| Reuters
May 17, 2013
|Story| Hartford Courant
May 16, 2013
|Blog| Cars.com
May 17, 2013
|Blog| Autoblog.com
May 19, 2013
|Story| Reuters
May 20, 2013
|Story| Reuters
May 19, 2013
|Column| Baltimore Sun
May 19, 2013
|Story| Reuters
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