RSS feeds allow Web site content to be gathered via feed reader software. Click the subscribe link to obtain the feed URL for this page. The feed will update when new content appears on this page.

Financially Distressed Companies

A collection of news and information related to Financially Distressed Companies published by this site and its partners.

Top Financially Distressed Companies Articles

Displaying items 100-110
  • Group with local ties wins battle to buy 1st Mariner

    Group with local ties wins battle to buy 1st Mariner
    In a surprising reversal, last week's losing bidder for 1st Mariner Bank got approval Tuesday to buy it — preserving the city's largest independent bank as a Baltimore-based institution. The group of investors, a mix of locals and out-of-state...
  • Colonial Realty's Founders Bilked Nearly 7,000 Investors

    Colonial Realty's Founders Bilked Nearly 7,000 Investors
    Bernard Madoff's investor fraud took the Ponzi scheme to a new level, but it wasn't so long ago that Connecticut had its own infamous fraud case tied to some of Hartford's most well-known real estate: Colonial Realty Co. And in the two decades since...
  • 'Boomerang' buyers get another chance at homeownership

    'Boomerang' buyers get another chance at homeownership
    Just 10 days before Christmas 2009, Ganel Appolon found an envelope taped to his front door. He and his family were being evicted from their Tamarac home. Appolon had fallen behind on his mortgage payments, and the lender repossessed the property...
  • Time for underwater real estate investors to cut losses

    By Ilyce Glink and Samuel J. Tamkin Q: I have an interest-only loan with one bank and a second mortgage with another. The interest-only loan will change at the beginning of July to require me to make principal and interest payments. The loans total...
  • Memories for Sale: What's a household worth?

    Memories for Sale: What's a household worth?
    It’s so true: Some things in life you just can’t put a price on. Until you have to. When it’s up to you to liquidate your parents’ treasure-filled home, you need to price the priceless. How much for that baby grand piano Mom...
  • Massive recall expenses slash General Motors' first-quarter profit

    Massive recall expenses slash General Motors' first-quarter profit
    Heavy spending to repair more than 6 million vehicles in the first quarter triggered an 88% plunge in General Motors Co. earnings for the period, compared to a year earlier. The nation’s largest automaker said it earned just $108 million, or 8...
  • Local firms that rely on film industry fight to keep jobs here

    Local firms that rely on film industry fight to keep jobs here
    In 1958, Ed Michelson started a motion picture catering company — Michelson Food Services — and made food for the cast and crew on such classic films as "West Side Story" and "Some Like it Hot." Michelson was one of the first to operate a...
  • Daily Record parent Dolan to file for bankruptcy-law protection

    Daily Record parent Dolan to file for bankruptcy-law protection
    Dolan Co., which owns The Daily Record, plans to file for bankruptcy-law protection next week, the Minneapolis-based company announced Thursday. Dolan, a professional services and business information firm, showed signs of mounting financial distress...
  • Bankruptcy cancels Westport auction for a second time

    Bankruptcy cancels Westport auction for a second time
    Developer Patrick Turner got more time to find an investor for his ambitious Westport waterfront project after a creditor filed an involuntary bankruptcy petition Friday against a company that owns part of the property, blocking a scheduled foreclosure...
  • GM liability in fatal crash faces key test

    Margie Beskau would seem to have a strong lawsuit against General Motors for millions in damages. Eight years ago, her 15-year-old daughter, Amy Rademaker, died in a Chevrolet Cobalt — one of the cars the automaker has now admitted had a deadly...
  • Strategists size up Obamacare ripple effect

     Strategists size up Obamacare ripple effect
    David Axelrod vs. Steve Schmidt. Democratic strategist and former senior adviser to President Barack Obama versus Republican strategist and senior adviser to Sen. John McCain's 2008 presidential campaign. That was the setup last week at a University...