Fitch Ratings withdraws its 'AA-' rating on the tax increment finance authority (TIFA) of the City of Battle Creek, Michigan's $4 million tax increment bonds, series 2008 (limited tax general obligation; LTGOs). The bonds were originally scheduled ...
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WASHINGTON - A top Chrysler executive warned Wednesday that a carmaker collapse could send the economy spiraling into a depression, while the United Auto Workers agreed to new concessions for their companies. Jim Press, Chrysler's vice chairman, said ...
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Gold futures finished lower Wednesday on a combination of fund liquidation and the expectation of more, plus ideas that inflation may not be a concern for the foreseeable future, analysts said. Most-active February gold fell $12.80 to settle at $770 ...
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Dec. 4 (Bloomberg) -- General Motors Corp. and Chrysler LLC executives are considering accepting a pre-arranged bankruptcy as the last-resort price of getting a multibillion-dollar government bailout, said a person familiar with their internal ...
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BOSTON. Tweeter, the bankrupt Canton-based home electronics company, rapidly fired over 600 employees and closed 70 stores nationwide yesterday, five days ahead of schedule. The retailer converted its case to Chapter 7 liquidation on Tuesday and ...
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Resize (Reuters) - General Motors Corp and Chrysler LLC are considering accepting a pre-arranged bankruptcy as the last-resort price of getting a multi billion dollar government bailout, Bloomberg reported, citing a person familiar with internal ...
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I have a $10,000 Lehman Brothers bond that matures in August 2010. The current value is 12 cents on the dollar. Should I wait until the bankruptcy proceedings are finalized before selling, hoping that I will get more money back? -- JackWe hope, at ...
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