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Bankruptcy

A collection of news and information related to Bankruptcy published by this site and its partners.

Top Bankruptcy Articles see all

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  • News of the Weird: Norway's Battle Against Chaos

    News of the Weird: Norway's Battle Against Chaos
    Norwegian public television (NRK), which introduced the now-legendary continuous, live log-burning show (12 hours long, with “color commentary” on the historical and cultural importance of fire), scheduled a new program for this week in its appeal to serenity (labeled “Slow TV”). On Nov. 1, NRK was to televise live, for five hours, an attempt to break the world record for producing a sweater, from shearing the sheep to spinning the wool and knitting the garment (current record: 4:51, by Australians). (In addition to the log, NRK viewers have been treated to live cams on a salmon-fishing boat and, for five days, on a cruise ship.) Said an NRK journalist, “You would think it's boring television, but we have quite good ratings for these programs.”
  • Lambert pleads guilty in Slate Belt loan case

    Lambert pleads guilty in Slate Belt loan case
    READING -- Walter "Buddy" Lambert admitted Tuesday he misled investors to entrust their savings to a Slate Belt loan agency while siphoning off money for his own use. Lambert, 73, of Plainfield Township pleaded guilty Tuesday in U.S. District Court to 16...

    U.S. bankruptcy judge hears testimony on Detroit water shutoffs

    DETROIT (Reuters) - A federal bankruptcy judge on Monday heard testimony from low-income families in Detroit who say they suffered hardships when the city cut off their water with no warning and are suing to prevent such shutoffs from happening again. U....

    Frankfurt exchange's China dream turns to nightmare

    FRANKFURT/SHANGHAI (Reuters) - When Deutsche Boerse set off eight years ago to lure Chinese companies to Germany with fast listings and low fees, it dreamed of one day landing a giant like Alibaba . But as the New York Stock Exchange basks in the $22...

    Ashley Swearengin for state controller

     Ashley Swearengin for state controller
    Californians have been breathing a bit easier in recent months as the state government's finances have turned — slowly, like an ocean freighter — from disaster to solvency. But the work is hardly done, and diligence is called for to ensure the...