Bankruptcy
Bankruptcy Articles
The two-year anniversary of the Madoff bankruptcy is coming upon us. What that implies is that the statute to file suit is running out. The Madoff trustee is Irving H. Picard. Picard has, as...
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The situation in Ireland feels like it keeps getting worse, even if it is supposed to be getting better. Anglo Irish Bank has already been nationalized during the financial meltdown but a group of...
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Being Blockbuster must be just awful now. We picked this as one of several key brands which would disappear, and it has already met our criteria for disappearing because it filed for bankruptcy and...
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General Motors Corporation (NYSE: GM) may have been one of the top IPOs of American history. It was also one of the biggest bankruptcies in American history. S&P Equity Research has decided...
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Ireland may be on the road to salvation after an E.U. and IMF bailout and that may be lending further support to the Euro. Just don’t look for the love to be put into Ireland’s two key ADRs of...
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Government Motors is now back to being General Motors (NYSE: GM). The taxpayer will start to recollect some of the bailout money, although shares would have to be far far higher for a full return...
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The end of this week and next week will be an interesting period for the Irish banks and for the country of Ireland. Officials from the European Union, the European Central Bank, and even the...
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The list of Unusual Suspects for the week ahead is a rather different list. Some are due with earnings, some have FDA events, and others just have shareholder specific events coming down the...
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Ambac Financial Group, Inc. (NYSE: ABK) did what was close to inevitable: it has filed for Chapter 11 bankruptcy protection. The company said that it was unable to raise additional capital as an...
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The Administrative Office of the U.S. Courts reported that consumer bankruptcies rose sharply in the first nine months of 2010, another sign of individual financial stress due to the recession. A...
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The Treasury Department says it will make a profit on the investment it made for taxpayers when it bailed out AIG. That leads to the question of whether the US government can make money by investing...
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BankUnited Inc. was one of the first public bank casualties in the financial meltdown. Filings last week show that the turnaround acquisition is coming public again, and the filing was for up to...
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American International Group, Inc. (NYSE: AIG) is one step closer to being out of debt with Uncle Sam and the U.S. taxpayers. Two recent transaction have AIG now with about $37 billion raised that...
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Ambac Financial Group, Inc. (NYSE: ABK) is signaling that the company is on the verge of implosion, which is not real shock if you have been following the situation since the financial meltdown. ...
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Bank of America Corporation (NYSE: BAC) may have more exposure than the rest of the money center banks due to its acquisition of Countrywide, and the spate of news about disclosure documents and...
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