DONE DEAL! Mergers and Acquisitions of the Week
In the M&A world, it’s vital to take a page out of Alec Baldwin’s book in Glengarry Glen Ross: always be closing! If we can’t do this, we can always TALK about closing and see which companies...
View ArticleFBI Raids Solyndra After the Solar Energy Company Files for Chapter 11
The FBI and the Energy Department’s inspector general’s office led a raid on Solyndra two days after the solar panel maker declared Chapter 11 bankruptcy. Solyndra received a federal loan guarantee of...
View ArticleHere’s Why More College Graduates Are Filing for Bankruptcy
The number of college graduates filing for bankruptcy is on the rise in the U.S. as the economic recovery continues to stagnate. Though those who didn’t graduate from college still make up 70% of...
View ArticleCorzine Resigns From MF Global Days After Filing Bankruptcy
Jon Corzine has resigned from his positions as chairman and chief executive officer of MF Global (NYSE:MF) today after the broker-deal filed the eighth-largest bankruptcy in U.S. history earlier this...
View ArticleMF Global Shortfall Could Be Over $1.2 Billion
The shortfall of customer funds at MF Global may be around $1.2 billion, twice the initial estimates from regulators, according to the trustee liquidating the company. Hot Feature: Former AIG Chief...
View ArticleAmerican Airlines Parent AMR Corp. Files for Bankruptcy
American Airlines parent company AMR Corp. (NYSE:AMR) has filed for bankruptcy, becoming the final large U.S. full-share airline to seek court protection from creditors. Hot Feature: Judge Throws Out...
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Is GM’s Recovery For Real?
GM has come a long way since filing for Chapter 11 bankruptcy in 2009. After a shaky four years, including a government bailout and a new IPO, GM recently rejoined the S&P 500 in the beginning of...
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Can Delta Avoid Turbulence in 2013?
Less than ten years ago, four of the seven major airlines in the U.S. filed for Chapter 11 bankruptcy protection. The airline industry has proved an erratic environment for investors ever since;...
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5 Major Companies Braving Unexpected Tumbles
It’s a good view from the top — the only problem is, once you get there, the only way to go is down. Many of the world’s biggest corporations have recently learned that the hard way, especially since...
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