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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 111-121
  • Memories of the financial crisis, five years later

    Memories of the financial crisis, five years later
    The excited voices on CNBC radio riveted financial adviser John Bacci's attention as he drove to Chestertown five years ago for a routine client visit. The stock market was in freefall that Sept. 29 after Congress rejected a $700 billion rescue of the...
  • Eiji Toyoda dies at 100; helped family's firm change auto industry

    Eiji Toyoda dies at 100; helped family's firm change auto industry
    Back in 1950, Eiji Toyoda visited a Ford plant to learn how Americans made cars. The visit by a member of Japan's foremost manufacturing family changed the way Toyota Motor Corp. produced cars, altering the global auto industry. Toyoda, who is...
  • Maverick investor faces legal pressure

    Maverick investor faces legal pressure
    Two decades ago, he was one of three young traders who made $27 million in 22 days trading the stock of a bankrupt company on the Chicago Stock Exchange, becoming known as one of "the bad boys of arbitrage." Assessing that deal, a federal appeals...
  • Penthouse publisher FriendFinder files for bankruptcy protection

    The company that owns Penthouse magazine and a host of online dating and adult websites filed for bankruptcy protection Tuesday. FriendFinder Networks Inc.'s move comes as many in the adult entertainment industry struggle because of an increase in...
  • Generous aid for relatives came at great personal cost

    Dear Liz: I have $40,000 in credit card debt due to home healthcare I had to provide for my mom, who lived with me for six years before she passed away in 2011. I filed a Veterans Affairs claim on her behalf but just got a VA check for $344 with no...
  • Detroit serves as an imperfect cautionary tale

    Detroit serves as an imperfect cautionary tale
    I lived in Detroit for a summer once, in an apartment that was circled by the kind of barbed-wire fence you see around prisons. I wasn't sure if Detroit was being protected from me or the other way around. This was quite a long time ago, but Detroit's...
  • Casey Anthony to pay $25K to settle life-story rights in bankruptcy case

    Casey Anthony to pay $25K to settle life-story rights in bankruptcy case
    Casey Anthony has agreed to pay $25,000 to settle a dispute in her bankruptcy case surrounding the rights to sell her life story, according to documents recently filed in the case. Anthony filed for bankruptcy protection early this year, and in March,...
  • Baltimore officials see Detroit as cautionary tale

    Baltimore officials see Detroit as cautionary tale
    Baltimore officials say Detroit's bankruptcy filing this week is a cautionary tale for the city that underscores the need to fix a $750 million structural deficit before the situation here grows similarly dire. "It is on my mind every day," Mayor...
  • Sale of Detroit Institute art debated in light of city's bankruptcy

    The Detroit Institute of Arts is back in the national spotlight after city leaders said Thursday that the city had filed for bankruptcy. At the heart of the museum-world debate is whether the city should sell valuable works of art in the DIA's...
  • Does Detroit spell doom for public pensions?

    Does Detroit spell doom for public pensions?
    The city of Detroit, Mich., has filed for bankruptcy. Its emergency manager has warned 30,000 current and retired municipal workers of “significant cuts” to their pensions because the city didn’t set aside enough money to pay them....
  • Visual-effects firms get a boost from video games

    Visual-effects firms get a boost from video games
    In a bombed-out section of a futuristic downtown Los Angeles, a man sits on a tire next to an overturned car, staring at a computer-controlled screen fastened to his wrist, oblivious to the machine gun fire and bomb blasts around him. The camera pans...