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How not to run a local government
One of the more enjoyable aspects of my public career was an excellent relationship with public safety unions. Law enforcement, fire and EMT groups were supportive of my races for the state legislature, Congress and governor. Although not unheard of,...
Tags: California Public Employees' Retirement System, Crime, Law and Justice, Safety of Citizens, Pension and Welfare, Interior Policy
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Report: Detroit is broke; could bankruptcy lie ahead?
DETROIT (AP) — The first report by Detroit's emergency manager declares that the city is broke and at risk of running completely out of money — a financial meltdown that could mean employees don't receive paychecks, retirees lose their...
Tags: Politics, Pension and Welfare, Executive Branch, Economy, Business and Finance, Finance
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Bridgeport Is Worse Off Than Stockton
Stockton is one of California's larger cities. Nearly a year ago, its city council voted to file for bankruptcy. This is the largest municipal bankruptcy filing in the nation's history. Bridgeport, however, is in worse financial condition that Stockton...
Tags: Crime, Law and Justice, Pension and Welfare, Chris Shays, Career and Workplace, Interior Policy
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Car Promises That Weren't Kept
KickingTiresEver wonder what happened to events in the auto industry that were supposed to occur but didn't? You might have seen a news story on a site like ours of a promise by an automaker that sounded legitimate with lots......Tags: Nissan, Trucks, Chrysler, Fiat, Lotus
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Report: GM stock prices finally eclipse $33 IPO price
Autoblog.comFiled under: GM, Earnings/Financials General Motors has reached an important milestone this morning: the price for one share of the company has climbed to over $33. That's higher than the Initial Public Offering price from 2010. At roughly 12:15PM Eastern... -
Some recession victims feel lucky to be working harder
arnoldp@herald-mail.comOne thing Ed Grimes hates about his current work schedule is trying to explain it to others. “It’s confusing,” he said. Since being laid off in 2009 after nearly four decades at Hagerstown’s Noland Company, the 61-year-old...Tags: Employment, Unemployment Benefits, Companies and Corporations, Golf, Bankruptcy
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William Conour seeks more time to explain missing assets
The Indianapolis StarFormer Indianapolis attorney William F. Conour has asked a federal judge for an extension to explain why he apparently violated conditions of his bond by liquidating tens of thousands of dollars in assets without court approval. Conour, who is facing...Tags: Inventories, Crime, Law and Justice, FBI, Police Investigations, Bankruptcy
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Northumberland County: Madison Court owes $14K in back taxes
The News-Item, Shamokin, Pa.The Shamokin Housing Authority (SHA) will go back to Northumberland County Court over Madison Court Apartments, this time to have a disputed debt removed from the property. SHA filed a civil complaint May 10 against the Northumberland County Tax...Tags: Mortgages, Housing and Urban Planning, Crime, Law and Justice, Companies and Corporations, Interior Policy
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Tax hike key in Stockton budget
The Record, Stockton, Calif.The city could ask voters as soon as November to raise taxes to pay back some debts suspended in bankruptcy and bolster Stockton's fight on crime under the so-called Marshall Plan. This two-pronged strategy is spelled out by City Manager Bob Deis in a...Tags: Finance, Economy, Business and Finance, Budgets and Budgeting, Bankruptcy
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New top Realtor sees a rebound, but full recovery years away
Washington TimesAs a Realtor in Orange County, California, Gary Thomas lives at the epicenter of the last decade's epic housing boom and bust that is only now beginning to release the economy from its withering grip. It was in that county and the broader Los Angeles...Tags: Real Estate, Fannie Mae, Mortgages, Freddie Mac, National Association of Realtors
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With legal fight far from over, embattled Blue Hill raw milk producer will file for bankruptcy
Bangor Daily News, MaineELLSWORTH, Maine -- Dan Brown, the poster child for local food rules in Maine, said he will have to file for bankruptcy if the judge who barred him from selling raw milk and other food doesn't reverse her decision. The state took Brown to court in...Tags: Lawyers, Crime, Law and Justice, Bankruptcy, Justice System, Judges
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GM shares break through $33 IPO level
Detroit Free PressGeneral Motors shares hit a symbolic milestone this morning, rising past their initial public offering price of $33 for the first time in more than two years. The stock was trading at $33.29 on the New York Stock Exchange at 10:30 a.m. The last time...Tags: Detroit Free Press, Companies and Corporations, General Motors Corp., Initial Public Offerings, Manufacturing and Engineering
May 19, 2013
|Column| Baltimore Sun
May 13, 2013
|Story| Petoskey News
May 17, 2013
|Story| Hartford Courant
May 16, 2013
|Blog| Cars.com
May 17, 2013
|Blog| Autoblog.com
May 18, 2013
|Story| Herald Mail
May 18, 2013
|Story| McClatchy-Tribune
May 18, 2013
|Story| McClatchy-Tribune
May 18, 2013
|Story| McClatchy-Tribune
May 18, 2013
|Story| McClatchy-Tribune
May 18, 2013
|Story| McClatchy-Tribune
May 17, 2013
|Story| McClatchy-Tribune
Original site for Financially Distressed Companies topic gallery.
