Summary
A collection of news and information related to Bankruptcy published by Tribune Company sources.
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1427 items on Bankruptcy
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Muncie auto parts plant to close
Auto parts manufacturer DynAmerica Inc. will close its Muncie plant by the end of September, putting 105 employees out of work, company officials said. Kelly Bodway, president of DynAmerica and managing director of TMB Industries, the investment firm...Tags: Vehicles, Car Parts, Employees, Ohio
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Pittsburgh casino project quickly running out of time
Of The Associated PressState senators asking questions Thursday about the rescue of a financially troubled Pittsburgh casino project by other investors found the situation more complicated and dire than they thought. The prime contractor on the Majestic Star casino told them...Tags: House, Philadelphia (Philadelphia, Pennsylvania), Pennsylvania, Gaming and Lotteries, Casino and Gambling Industry
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How FDIC bank deposit insurance works
The rules that govern federal deposit insurance are of more than passing interest to Bill Hogle, a 61-year-old Santa Monica, Calif., retiree. More than half his wealth is tied up in certificates of deposit, and he lives on the income they produce. He...Tags: Pasadena (Los Angeles, California), Personal Finance, Retirement, Insurance, Santa Monica
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Federal grand jury looking at 3 mortgage lenders
The Associated PressA federal grand jury is investigating mortgage lenders Countrywide Financial Corp., the nation's largest lender for homes, New Century Financial Corp. and IndyMac Bancorp Inc., The Associated Press learned Thursday. Subpoenas seeking documents have...Tags: Mortgages, New Century Financial Corporation, California, Federal Bureau of Investigation, Loans
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Source: Grand Jury Investigating Three Mortgage Lenders
Associated PressA federal grand jury is investigating mortgage lenders Countrywide Financial Corp., New Century Financial Corp. and IndyMac Bancorp Inc., a person familiar with the situation told The Associated Press on Thursday. Subpoenas seeking documents have been...Tags: Mortgages, New Century Financial Corporation, California, Federal Bureau of Investigation, Loans
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Hey, bidder! Going once. Going twice. Sold!
Until this year, NRC Realty Advisors LLC hadn't coordinated an open outcry auction of homes since 1994.
But with the real estate market in much the same shape it was in the early 1990s, NRC got back into them, as builders and lenders again look to...Tags: Auction Service, Property, House, Real Estate Sellers, Itasca
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Bankruptcy court seizes Mich. resort's operations
A judge in Grand Rapids has ordered a receiver appointed to run the Double JJ Resort, which remains open under Chapter 11 federal bankruptcy protection. Majority owners Bob and Joan Lipsitz told U.S. Bankruptcy Judge Jeffrey Hughes in papers filed...Tags: Oceana, Financially Distressed Companies, Ohio
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How much more foreclosure pain?
Today's questions: There's evidence that a large percentage of modified mortgages with lower interest rates and loans with new repayment plans are going bad again. What does this say about the housing crisis? Previously, Landsburg and Henwood discussed...Tags: Mortgages, Unemployment, House, Financial and Business Services, Business
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Chrysler plans to cut 1,000 salaried jobs
AP Auto WriterChrysler LLC said Wednesday it will cut 1,000 salaried jobs worldwide by Sept. 30 as it tries to return to profitability amid a severe downturn in U.S. sales. The automaker announced the cuts in a letter to employees. Chrysler spokesman David Elshoff...Tags: Vehicles, Unemployment, General Motors Corp., Fuel-efficient Cars, Crossovers and SUVs
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Oil Prices Lowest Since Early June
Oil prices shed nearly $4 Wednesday, tumbling below $125 a barrel for the first time since early June on growing fears that high prices and the weak economy are destroying demand. Light, sweet crude for September delivery dropped $3.98, to settle at...Tags: New York Mercantile Exchange, Commodity Markets, National Government, Government, Petroleum Industry
Jul 25, 2008
|Story| Associated Press
Jul 25, 2008
|Story| Allentown Morning Call
Jul 25, 2008
|Column| Allentown Morning Call
Jul 24, 2008
|Story| South Florida Sun-Sentinel
Jul 25, 2008
|Story| Associated Press
Jul 25, 2008
|Story| Chicago Tribune
Jul 24, 2008
|Story| Associated Press
Jul 23, 2008
|Story| Los Angeles Times
Jul 23, 2008
|Story| Associated Press
Jul 24, 2008
|Story| Associated Press
