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    May 21, 2013 |Story| Reuters
  1. U.S. CFTC watchdog faults Gensler for recusal from MF Global probe

    Reuters
    By 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

  2. May 21, 2013 |Story| Reuters
  3. Bob Lutz, Chinese in bid to buy Fisker Automotive -sources

    Reuters
    DETROIT, 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

  4. May 21, 2013 |Story| Allentown Morning Call
  5. KidsPeace files for bankruptcy

    Carrying $240 million in debt, Orefield-based KidsPeace filed for bankruptcy Tuesday.
    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

  6. May 20, 2013 |Story| Allentown Morning Call
  7. 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

  8. May 16, 2013 |Story| Reuters
  9. Analysis: Liquidity issues and lawsuits hit Mexico's homebuilders

    Reuters
    MONTERREY, 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

  10. May 17, 2013 |Story| Hartford Courant
  11. 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 when you consider off-balance-sheet obligations.
    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

  12. May 16, 2013 |Blog| Cars.com
  13. Car Promises That Weren't Kept

    KickingTires
    Ever 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

  14. May 17, 2013 |Blog| Autoblog.com
  15. Report: GM stock prices finally eclipse $33 IPO price

    Autoblog.com
    Filed 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...
  16. May 19, 2013 |Story| Reuters
  17. For Detroit in crisis, next six weeks determine bankruptcy fate

    Reuters
    DETROIT (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

  18. May 20, 2013 |Story| Reuters
  19. Special Report: The Rise and Fall of China's Sun King

    Reuters
    HONG 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

  20. May 19, 2013 |Column| Baltimore Sun
  21. 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

  22. May 19, 2013 |Story| Reuters
  23. 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)

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Financially Distressed Companies Photos
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