Archive for the ‘Uncategorized’ Category

Plans Bankruptcy – Cadillac Distances Itself From GM to Escape Bankruptcy – Danbury News-Times

Saturday, March 13th, 2010

Cadillac Distances Itself From GM to Escape Bankruptcy – Danbury News-Times
dealers the separation strategy is aimed at avoiding the “negative connotations with GM because of the bankruptcy,” said David Butler , general manager of Suburban Cadillac in Ann Arbor and Troy, Mich. GM plans to boost Cadillac’s U.S.

Warta to retain Buick – Salina Journal
A year ago, both GM and Chrysler outlined plans to eliminate dealers from their sales networks as part of their federally-funded bankruptcy reorganizations. GM told about 2,000 dealerships it would not renew their franchise agreements once they ran

Lyondell plans to raise $6B as it emerges from bankruptcy – Houston Chronicle
Lyondell Chemical Co. plans to raise $6.05 billion in bonds, loans and equity to repay debt after it emerges from bankruptcy protection. The chemical maker, based in Houston, is seeking $3.25 billion by selling senior secured bonds and borrowing through a senior term loan, according to a statement

EURO BONDS-LyondellBasell plans $3.25 bln debt raising – Reuters
issue and term loans, will be used to repay and replace existing debt as the company emerges out of bankruptcy. Ratings: Agencies have withdrawn ratings. WASHINGTON (Reuters) – President Barack Obama plans to nominate San Francisco Federal

Rothstein Fallout – Daily Business Review
.S. Bankruptcy Judge Raymond Ray plans to enter an order to show cause for contempt against Boca Raton attorney Roderick Coleman and his client for failing to vacate a default malpractice judgment against Rothstein Rosenfeldt Adler that was entered

LyondellBasell nears bankruptcy exit – Hindustan Times
Weighed down by massive debts, LyondellBasell’s US operations and one of its European holding companies had filed for Chapter 11 bankruptcy protection in 2009. The bankrupt petrochemical firm plans to sell senior secured bonds on a private

Lyondell Chemical to Pursue $3.25 Billion of Debt – Bloomberg
March 12 (Bloomberg) — Lyondell Chemical Co. plans to borrow $3.25 billion to repay some existing debt after it emerges from bankruptcy protection. The chemical maker, based in Houston, plans to sell senior secured bonds and borrow through a senior

Lyondell plans to raise $6B as it emerges from – Houston Chronicle
Lyondell Chemical Co. plans to raise $6.05 billion in bonds, loans and equity to repay debt after it emerges from bankruptcy protection. The chemical maker, based in Houston, is seeking $3.25 billion by selling senior secured bonds and borrowing

MSFW Services, Data – Migration News
Labor Department auditors questioned operations in the state of Washington, forcing CHDC into a bankruptcy from which it emerged in 1997. Some 20,000 California workers and their dependents have health plans that cost 40 to 50 percent less than

Cadillac Distances Itself From GM to Escape Bankruptcy – Danbury News-Times
dealers the separation strategy is aimed at avoiding the “negative connotations with GM because of the bankruptcy,” said David Butler , general manager of Suburban Cadillac in Ann Arbor and Troy, Mich. GM plans to boost Cadillac’s U.S.

Warta to retain Buick – Salina Journal
A year ago, both GM and Chrysler outlined plans to eliminate dealers from their sales networks as part of their federally-funded bankruptcy reorganizations. GM told about 2,000 dealerships it would not renew their franchise agreements once they ran

Lyondell plans to raise $6B as it emerges from bankruptcy – Houston Chronicle
Lyondell Chemical Co. plans to raise $6.05 billion in bonds, loans and equity to repay debt after it emerges from bankruptcy protection. The chemical maker, based in Houston, is seeking $3.25 billion by selling senior secured bonds and borrowing through a senior term loan, according to a statement

EURO BONDS-LyondellBasell plans $3.25 bln debt raising – Reuters
issue and term loans, will be used to repay and replace existing debt as the company emerges out of bankruptcy. Ratings: Agencies have withdrawn ratings. WASHINGTON (Reuters) – President Barack Obama plans to nominate San Francisco Federal

Rothstein Fallout – Daily Business Review
.S. Bankruptcy Judge Raymond Ray plans to enter an order to show cause for contempt against Boca Raton attorney Roderick Coleman and his client for failing to vacate a default malpractice judgment against Rothstein Rosenfeldt Adler that was entered

LyondellBasell nears bankruptcy exit – Hindustan Times
Weighed down by massive debts, LyondellBasell’s US operations and one of its European holding companies had filed for Chapter 11 bankruptcy protection in 2009. The bankrupt petrochemical firm plans to sell senior secured bonds on a private

Lyondell Chemical to Pursue $3.25 Billion of Debt – Bloomberg
March 12 (Bloomberg) — Lyondell Chemical Co. plans to borrow $3.25 billion to repay some existing debt after it emerges from bankruptcy protection. The chemical maker, based in Houston, plans to sell senior secured bonds and borrow through a senior

Lyondell plans to raise $6B as it emerges from – Houston Chronicle
Lyondell Chemical Co. plans to raise $6.05 billion in bonds, loans and equity to repay debt after it emerges from bankruptcy protection. The chemical maker, based in Houston, is seeking $3.25 billion by selling senior secured bonds and borrowing

MSFW Services, Data – Migration News
Labor Department auditors questioned operations in the state of Washington, forcing CHDC into a bankruptcy from which it emerged in 1997. Some 20,000 California workers and their dependents have health plans that cost 40 to 50 percent less than

Plans Bankruptcy – Judge clears Freedom bankruptcy plan – Quay County Sun

Saturday, March 13th, 2010

Judge clears Freedom bankruptcy plan – Quay County Sun
share in $32.2 million compared with the $5 million Freedom originally offered. “I’m a little relieved that it’s all done,” said Freedom Chief Financial Officer Mark McEachen federal Bankruptcy Court Judge Brendan Shannon said

With bankruptcy looming Kansas City closing nearly half – Oshkosh Northwestern
AP) – The Kansas City school board narrowly approved a plan Wednesday night to close nearly half of the district An emotional Duane Kelly told the crowd that “this is the most painful vote I have ever cast” in 10 years on the board.

Kansas City closing nearly half its schools – Dubuque Telegraph Herald
KANSAS CITY, Mo. — The Kansas City school board narrowly approved a plan Wednesday night to close nearly half the district’s schools in a desperate bid to avoid a potential bankruptcy. The board voted, 5-4, after parents and community leaders made

Lyondell plans to raise $6B as it emerges from bankruptcy – Houston Chronicle
Lyondell Chemical Co. plans to raise $6.05 billion in bonds, loans and equity to repay debt after it emerges from bankruptcy protection. The chemical maker, based in Houston, is seeking $3.25 billion by selling senior secured bonds and borrowing through a senior term loan, according to a statement

Judge clears Freedom bankruptcy plan – Quay County Sun
share in $32.2 million compared with the $5 million Freedom originally offered. “I’m a little relieved that it’s all done,” said Freedom Chief Financial Officer Mark McEachen federal Bankruptcy Court Judge Brendan Shannon said

With bankruptcy looming Kansas City closing nearly half – Oshkosh Northwestern
AP) – The Kansas City school board narrowly approved a plan Wednesday night to close nearly half of the district An emotional Duane Kelly told the crowd that “this is the most painful vote I have ever cast” in 10 years on the board.

Kansas City closing nearly half its schools – Dubuque Telegraph Herald
KANSAS CITY, Mo. — The Kansas City school board narrowly approved a plan Wednesday night to close nearly half the district’s schools in a desperate bid to avoid a potential bankruptcy. The board voted, 5-4, after parents and community leaders made

Lyondell plans to raise $6B as it emerges from bankruptcy – Houston Chronicle
Lyondell Chemical Co. plans to raise $6.05 billion in bonds, loans and equity to repay debt after it emerges from bankruptcy protection. The chemical maker, based in Houston, is seeking $3.25 billion by selling senior secured bonds and borrowing through a senior term loan, according to a statement

Plans Bankruptcy – With bankruptcy looming Kansas City closing nearly half – Oshkosh Northwestern

Friday, March 12th, 2010

With bankruptcy looming Kansas City closing nearly half – Oshkosh Northwestern
AP) – The Kansas City school board narrowly approved a plan Wednesday night to close nearly half of the district An emotional Duane Kelly told the crowd that “this is the most painful vote I have ever cast” in 10 years on the board.

Kansas City closing nearly half its schools – Dubuque Telegraph Herald
KANSAS CITY, Mo. — The Kansas City school board narrowly approved a plan Wednesday night to close nearly half the district’s schools in a desperate bid to avoid a potential bankruptcy. The board voted, 5-4, after parents and community leaders made

Gas prices rising, could hit $3 per gallon in May – Milwaukee Journal Sentinel
Prices in the Milwaukee area have jumped from $2.55 per gallon to $2.77 per gallon in the past month, according to a daily survey of regular-grade fuel prices by AAA Wisconsin. Nationally, the average price had increased from $2.64 per gallon to $2

GM’s Bob Lutz says hybrids, electrics are future – Cleveland Plain Dealer
Warren, Mich. — General Motors Co. will keep making big trucks and SUVs because U.S. buyers demand them, but a major portion of them will be gas-electric hybrids in the near future, retiring Vice Chairman Bob Lutz said Friday. Lutz didn’t give

Man at Wheel of ‘Out-of-Control’ Prius Has Troubled – FOX News
Since then, it’s been learned that: — Sikes filed for bankruptcy in San Diego in 2008 and $24,000 in cash; — Sikes has hired a law firm, though it has indicated he has no plans to sue Toyota; — Sikes won $55,000 on television’s “The Big

Lyondell plans to raise $6B as it emerges from bankruptcy – Houston Chronicle
Lyondell Chemical Co. plans to raise $6.05 billion in bonds, loans and equity to repay debt after it emerges from bankruptcy protection. The chemical maker, based in Houston, is seeking $3.25 billion by selling senior secured bonds and borrowing through a senior term loan, according to a statement

Freedom bankruptcy plan – Odessa American Online
WILMINGTON, Del – A share in $32.2 million compared with the $5 million Freedom originally offered. “I’m a little relieved that it’s all done,’’ said Freedom Chief Financial Officer Mark McEachen, who attended the less than 30-minute

Simon CEO: No pressure from rival Gen Growth plan – MSN Money
NEW YORK (Reuters) – The chief executive of Simon Property Group Inc said on Thursday a revised plan by management of General Growth Properties Inc to emerge from bankruptcy would not put pressure on his company to sweeten its own $10 billion offer

With bankruptcy looming Kansas City closing nearly half – Oshkosh Northwestern
AP) – The Kansas City school board narrowly approved a plan Wednesday night to close nearly half of the district An emotional Duane Kelly told the crowd that “this is the most painful vote I have ever cast” in 10 years on the board.

Kansas City closing nearly half its schools – Dubuque Telegraph Herald
KANSAS CITY, Mo. — The Kansas City school board narrowly approved a plan Wednesday night to close nearly half the district’s schools in a desperate bid to avoid a potential bankruptcy. The board voted, 5-4, after parents and community leaders made

Gas prices rising, could hit $3 per gallon in May – Milwaukee Journal Sentinel
Prices in the Milwaukee area have jumped from $2.55 per gallon to $2.77 per gallon in the past month, according to a daily survey of regular-grade fuel prices by AAA Wisconsin. Nationally, the average price had increased from $2.64 per gallon to $2

GM’s Bob Lutz says hybrids, electrics are future – Cleveland Plain Dealer
Warren, Mich. — General Motors Co. will keep making big trucks and SUVs because U.S. buyers demand them, but a major portion of them will be gas-electric hybrids in the near future, retiring Vice Chairman Bob Lutz said Friday. Lutz didn’t give

Man at Wheel of ‘Out-of-Control’ Prius Has Troubled – FOX News
Since then, it’s been learned that: — Sikes filed for bankruptcy in San Diego in 2008 and $24,000 in cash; — Sikes has hired a law firm, though it has indicated he has no plans to sue Toyota; — Sikes won $55,000 on television’s “The Big

Lyondell plans to raise $6B as it emerges from bankruptcy – Houston Chronicle
Lyondell Chemical Co. plans to raise $6.05 billion in bonds, loans and equity to repay debt after it emerges from bankruptcy protection. The chemical maker, based in Houston, is seeking $3.25 billion by selling senior secured bonds and borrowing through a senior term loan, according to a statement

Freedom bankruptcy plan – Odessa American Online
WILMINGTON, Del – A share in $32.2 million compared with the $5 million Freedom originally offered. “I’m a little relieved that it’s all done,’’ said Freedom Chief Financial Officer Mark McEachen, who attended the less than 30-minute

Simon CEO: No pressure from rival Gen Growth plan – MSN Money
NEW YORK (Reuters) – The chief executive of Simon Property Group Inc said on Thursday a revised plan by management of General Growth Properties Inc to emerge from bankruptcy would not put pressure on his company to sweeten its own $10 billion offer

Plans Bankruptcy – Kansas City closing nearly half its schools – Dubuque Telegraph Herald

Friday, March 12th, 2010

Kansas City closing nearly half its schools – Dubuque Telegraph Herald
KANSAS CITY, Mo. — The Kansas City school board narrowly approved a plan Wednesday night to close nearly half the district’s schools in a desperate bid to avoid a potential bankruptcy. The board voted, 5-4, after parents and community leaders made

Freedom bankruptcy plan – Odessa American Online
WILMINGTON, Del – A share in $32.2 million compared with the $5 million Freedom originally offered. “I’m a little relieved that it’s all done,’’ said Freedom Chief Financial Officer Mark McEachen, who attended the less than 30-minute

With bankruptcy looming Kansas City closing nearly half – Oshkosh Northwestern
AP) – The Kansas City school board narrowly approved a plan Wednesday night to close nearly half of the district An emotional Duane Kelly told the crowd that “this is the most painful vote I have ever cast” in 10 years on the board.

Great Lakes Utilities buying five Wisconsin River hydro – Milwaukee Journal Sentinel
The purchase price is about $70.4 million. The plants have a combined capacity of 35.2 megawatts, enough to meet the annual power needs of about 75,000 households. The hydroelectric facilities are currently owned by Consolidated Water Power Co., a

Lyondell plans to raise $6B as it emerges from bankruptcy – Houston Chronicle
Lyondell Chemical Co. plans to raise $6.05 billion in bonds, loans and equity to repay debt after it emerges from bankruptcy protection. The chemical maker, based in Houston, is seeking $3.25 billion by selling senior secured bonds and borrowing through a senior term loan, according to a statement

Sports Show opens at noon today – Milwaukee Journal Sentinel
Prices in the Milwaukee area have jumped from $2.55 per gallon to $2.77 per gallon in the past month, according to a daily survey of regular-grade fuel prices by AAA Wisconsin. Nationally, the average price had increased from $2.64 per gallon to $2

Simon CEO: No pressure from rival Gen Growth plan – MSN Money
NEW YORK (Reuters) – The chief executive of Simon Property Group Inc said on Thursday a revised plan by management of General Growth Properties Inc to emerge from bankruptcy would not put pressure on his company to sweeten its own $10 billion offer

Kansas City closing nearly half its schools – Dubuque Telegraph Herald
KANSAS CITY, Mo. — The Kansas City school board narrowly approved a plan Wednesday night to close nearly half the district’s schools in a desperate bid to avoid a potential bankruptcy. The board voted, 5-4, after parents and community leaders made

Freedom bankruptcy plan – Odessa American Online
WILMINGTON, Del – A share in $32.2 million compared with the $5 million Freedom originally offered. “I’m a little relieved that it’s all done,’’ said Freedom Chief Financial Officer Mark McEachen, who attended the less than 30-minute

With bankruptcy looming Kansas City closing nearly half – Oshkosh Northwestern
AP) – The Kansas City school board narrowly approved a plan Wednesday night to close nearly half of the district An emotional Duane Kelly told the crowd that “this is the most painful vote I have ever cast” in 10 years on the board.

Great Lakes Utilities buying five Wisconsin River hydro – Milwaukee Journal Sentinel
The purchase price is about $70.4 million. The plants have a combined capacity of 35.2 megawatts, enough to meet the annual power needs of about 75,000 households. The hydroelectric facilities are currently owned by Consolidated Water Power Co., a

Lyondell plans to raise $6B as it emerges from bankruptcy – Houston Chronicle
Lyondell Chemical Co. plans to raise $6.05 billion in bonds, loans and equity to repay debt after it emerges from bankruptcy protection. The chemical maker, based in Houston, is seeking $3.25 billion by selling senior secured bonds and borrowing through a senior term loan, according to a statement

Sports Show opens at noon today – Milwaukee Journal Sentinel
Prices in the Milwaukee area have jumped from $2.55 per gallon to $2.77 per gallon in the past month, according to a daily survey of regular-grade fuel prices by AAA Wisconsin. Nationally, the average price had increased from $2.64 per gallon to $2

Simon CEO: No pressure from rival Gen Growth plan – MSN Money
NEW YORK (Reuters) – The chief executive of Simon Property Group Inc said on Thursday a revised plan by management of General Growth Properties Inc to emerge from bankruptcy would not put pressure on his company to sweeten its own $10 billion offer

Plans Bankruptcy – Simon CEO: No pressure from rival Gen Growth plan – MSN Money

Friday, March 12th, 2010

Simon CEO: No pressure from rival Gen Growth plan – MSN Money
NEW YORK (Reuters) – The chief executive of Simon Property Group Inc said on Thursday a revised plan by management of General Growth Properties Inc to emerge from bankruptcy would not put pressure on his company to sweeten its own $10 billion offer

Gas prices rising, could hit $3 per gallon in May – Milwaukee Journal Sentinel
Prices in the Milwaukee area have jumped from $2.55 per gallon to $2.77 per gallon in the past month, according to a daily survey of regular-grade fuel prices by AAA Wisconsin. Nationally, the average price had increased from $2.64 per gallon to $2

Great Lakes Utilities buying five Wisconsin River hydro – Milwaukee Journal Sentinel
The purchase price is about $70.4 million. The plants have a combined capacity of 35.2 megawatts, enough to meet the annual power needs of about 75,000 households. The hydroelectric facilities are currently owned by Consolidated Water Power Co., a

Kansas City closing nearly half its schools – Dubuque Telegraph Herald
KANSAS CITY, Mo. — The Kansas City school board narrowly approved a plan Wednesday night to close nearly half the district’s schools in a desperate bid to avoid a potential bankruptcy. The board voted, 5-4, after parents and community leaders made

Lyondell seeks $3.25 billion in debt financing – The Business Insider
the term loan and a new European securitization facility and proceeds from a $2.8 billion rights offering, would be used to repay and replace certain debt upon emergence from bankruptcy. LyondellBasell is the world’s third-largest independent

Freedom bankruptcy plan – Odessa American Online
WILMINGTON, Del – A share in $32.2 million compared with the $5 million Freedom originally offered. “I’m a little relieved that it’s all done,’’ said Freedom Chief Financial Officer Mark McEachen, who attended the less than 30-minute

Simon CEO: No pressure from rival Gen Growth plan – MSN Money
NEW YORK (Reuters) – The chief executive of Simon Property Group Inc said on Thursday a revised plan by management of General Growth Properties Inc to emerge from bankruptcy would not put pressure on his company to sweeten its own $10 billion offer

Gas prices rising, could hit $3 per gallon in May – Milwaukee Journal Sentinel
Prices in the Milwaukee area have jumped from $2.55 per gallon to $2.77 per gallon in the past month, according to a daily survey of regular-grade fuel prices by AAA Wisconsin. Nationally, the average price had increased from $2.64 per gallon to $2

Great Lakes Utilities buying five Wisconsin River hydro – Milwaukee Journal Sentinel
The purchase price is about $70.4 million. The plants have a combined capacity of 35.2 megawatts, enough to meet the annual power needs of about 75,000 households. The hydroelectric facilities are currently owned by Consolidated Water Power Co., a

Kansas City closing nearly half its schools – Dubuque Telegraph Herald
KANSAS CITY, Mo. — The Kansas City school board narrowly approved a plan Wednesday night to close nearly half the district’s schools in a desperate bid to avoid a potential bankruptcy. The board voted, 5-4, after parents and community leaders made

Lyondell seeks $3.25 billion in debt financing – The Business Insider
the term loan and a new European securitization facility and proceeds from a $2.8 billion rights offering, would be used to repay and replace certain debt upon emergence from bankruptcy. LyondellBasell is the world’s third-largest independent

Freedom bankruptcy plan – Odessa American Online
WILMINGTON, Del – A share in $32.2 million compared with the $5 million Freedom originally offered. “I’m a little relieved that it’s all done,’’ said Freedom Chief Financial Officer Mark McEachen, who attended the less than 30-minute

Plans Bankruptcy – With bankruptcy looming Kansas City closing nearly half – Oshkosh Northwestern

Friday, March 12th, 2010

With bankruptcy looming Kansas City closing nearly half – Oshkosh Northwestern
AP) – The Kansas City school board narrowly approved a plan Wednesday night to close nearly half of the district An emotional Duane Kelly told the crowd that “this is the most painful vote I have ever cast” in 10 years on the board.

Simon CEO: No pressure from rival Gen Growth plan – MSN Money
NEW YORK (Reuters) – The chief executive of Simon Property Group Inc said on Thursday a revised plan by management of General Growth Properties Inc to emerge from bankruptcy would not put pressure on his company to sweeten its own $10 billion offer

Man at Wheel of ‘Out-of-Control’ Prius Has Troubled – FOX News
Since then, it’s been learned that: — Sikes filed for bankruptcy in San Diego in 2008 and $24,000 in cash; — Sikes has hired a law firm, though it has indicated he has no plans to sue Toyota; — Sikes won $55,000 on television’s “The Big

Lyondell plans to raise $6B as it emerges from bankruptcy – Houston Chronicle
Lyondell Chemical Co. plans to raise $6.05 billion in bonds, loans and equity to repay debt after it emerges from bankruptcy protection. The chemical maker, based in Houston, is seeking $3.25 billion by selling senior secured bonds and borrowing through a senior term loan, according to a statement

GM’s Bob Lutz says hybrids, electrics are future – Cleveland Plain Dealer
Warren, Mich. — General Motors Co. will keep making big trucks and SUVs because U.S. buyers demand them, but a major portion of them will be gas-electric hybrids in the near future, retiring Vice Chairman Bob Lutz said Friday. Lutz didn’t give

Kansas City closing nearly half its schools – Dubuque Telegraph Herald
KANSAS CITY, Mo. — The Kansas City school board narrowly approved a plan Wednesday night to close nearly half the district’s schools in a desperate bid to avoid a potential bankruptcy. The board voted, 5-4, after parents and community leaders made

Freedom bankruptcy plan – Odessa American Online
WILMINGTON, Del – A share in $32.2 million compared with the $5 million Freedom originally offered. “I’m a little relieved that it’s all done,’’ said Freedom Chief Financial Officer Mark McEachen, who attended the less than 30-minute

Gas prices rising, could hit $3 per gallon in May – Milwaukee Journal Sentinel
Prices in the Milwaukee area have jumped from $2.55 per gallon to $2.77 per gallon in the past month, according to a daily survey of regular-grade fuel prices by AAA Wisconsin. Nationally, the average price had increased from $2.64 per gallon to $2

With bankruptcy looming Kansas City closing nearly half – Oshkosh Northwestern
AP) – The Kansas City school board narrowly approved a plan Wednesday night to close nearly half of the district An emotional Duane Kelly told the crowd that “this is the most painful vote I have ever cast” in 10 years on the board.

Simon CEO: No pressure from rival Gen Growth plan – MSN Money
NEW YORK (Reuters) – The chief executive of Simon Property Group Inc said on Thursday a revised plan by management of General Growth Properties Inc to emerge from bankruptcy would not put pressure on his company to sweeten its own $10 billion offer

Man at Wheel of ‘Out-of-Control’ Prius Has Troubled – FOX News
Since then, it’s been learned that: — Sikes filed for bankruptcy in San Diego in 2008 and $24,000 in cash; — Sikes has hired a law firm, though it has indicated he has no plans to sue Toyota; — Sikes won $55,000 on television’s “The Big

Lyondell plans to raise $6B as it emerges from bankruptcy – Houston Chronicle
Lyondell Chemical Co. plans to raise $6.05 billion in bonds, loans and equity to repay debt after it emerges from bankruptcy protection. The chemical maker, based in Houston, is seeking $3.25 billion by selling senior secured bonds and borrowing through a senior term loan, according to a statement

GM’s Bob Lutz says hybrids, electrics are future – Cleveland Plain Dealer
Warren, Mich. — General Motors Co. will keep making big trucks and SUVs because U.S. buyers demand them, but a major portion of them will be gas-electric hybrids in the near future, retiring Vice Chairman Bob Lutz said Friday. Lutz didn’t give

Kansas City closing nearly half its schools – Dubuque Telegraph Herald
KANSAS CITY, Mo. — The Kansas City school board narrowly approved a plan Wednesday night to close nearly half the district’s schools in a desperate bid to avoid a potential bankruptcy. The board voted, 5-4, after parents and community leaders made

Freedom bankruptcy plan – Odessa American Online
WILMINGTON, Del – A share in $32.2 million compared with the $5 million Freedom originally offered. “I’m a little relieved that it’s all done,’’ said Freedom Chief Financial Officer Mark McEachen, who attended the less than 30-minute

Gas prices rising, could hit $3 per gallon in May – Milwaukee Journal Sentinel
Prices in the Milwaukee area have jumped from $2.55 per gallon to $2.77 per gallon in the past month, according to a daily survey of regular-grade fuel prices by AAA Wisconsin. Nationally, the average price had increased from $2.64 per gallon to $2

Plans Bankruptcy – 90.3 WCPN ideastream®: Twinsburg Chrysler Sale – WCPN

Friday, March 12th, 2010

90.3 WCPN ideastream®: Twinsburg Chrysler Sale – WCPN
It’s been a day of disappointment in Twinsburg, after word that a liquidating company has bought the former Chrysler Stamping plant at auction. ideastream®’s Rick Jackson reports. Only 400 people still work at the Twinsburg auto plant producing

Simon CEO: No pressure from rival Gen Growth plan – MSN Money
NEW YORK (Reuters) – The chief executive of Simon Property Group Inc said on Thursday a revised plan by management of General Growth Properties Inc to emerge from bankruptcy would not put pressure on his company to sweeten its own $10 billion offer

Kansas City closing nearly half its schools – Dubuque Telegraph Herald
KANSAS CITY, Mo. — The Kansas City school board narrowly approved a plan Wednesday night to close nearly half the district’s schools in a desperate bid to avoid a potential bankruptcy. The board voted, 5-4, after parents and community leaders made

90.3 WCPN ideastream®: Twinsburg Chrysler Sale – WCPN
It’s been a day of disappointment in Twinsburg, after word that a liquidating company has bought the former Chrysler Stamping plant at auction. ideastream®’s Rick Jackson reports. Only 400 people still work at the Twinsburg auto plant producing

Simon CEO: No pressure from rival Gen Growth plan – MSN Money
NEW YORK (Reuters) – The chief executive of Simon Property Group Inc said on Thursday a revised plan by management of General Growth Properties Inc to emerge from bankruptcy would not put pressure on his company to sweeten its own $10 billion offer

Kansas City closing nearly half its schools – Dubuque Telegraph Herald
KANSAS CITY, Mo. — The Kansas City school board narrowly approved a plan Wednesday night to close nearly half the district’s schools in a desperate bid to avoid a potential bankruptcy. The board voted, 5-4, after parents and community leaders made

Plans Bankruptcy – GM’s Lutz says hybrids, electrics are future – San Jose Mercury News

Friday, March 12th, 2010

GM’s Lutz says hybrids, electrics are future – San Jose Mercury News
WARREN, Mich.—General Motors Co. will keep making big trucks and SUVs because U.S. buyers demand them, but a major portion of them will be gas-electric hybrids in the near future, retiring Vice Chairman Bob Lutz said Friday. Lutz didn’t give

Board’s Decision to Close 28 Kansas City Schools – New York Times
The plan also calls for the elimination of 700 of 3,000 jobs, including teaching positions If the schools had fallen into bankruptcy, as was predicted before the closings, the state would have seized control, and made changes as it saw fit.

Kansas City Adopts Plan to Close Nearly Half Its Schools – New York Times
KANSAS CITY, Mo. — The Kansas City Board of Education voted Wednesday night to close almost half of the city’s public schools, accepting a sweeping and contentious plan to shrink the system in the face of dwindling enrollment, budget cuts and a

Chrysler’s Twinsburg plant surrounded by grim mood – Cleveland Plain Dealer
Bankruptcy Court Judge Arthur Gonzalez signed off on Chrysler’s sale of the plant to Maynards late Thursday morning during a hearing in his New York courtroom. None of Chrysler’s creditors opposed the deal in court filings, other than a technical

Simon CEO: No pressure from rival Gen Growth plan – MSN Money
NEW YORK (Reuters) – The chief executive of Simon Property Group Inc said on Thursday a revised plan by management of General Growth Properties Inc to emerge from bankruptcy would not put pressure on his company to sweeten its own $10 billion offer

Kansas City closing nearly half its schools – Dubuque Telegraph Herald
KANSAS CITY, Mo. — The Kansas City school board narrowly approved a plan Wednesday night to close nearly half the district’s schools in a desperate bid to avoid a potential bankruptcy. The board voted, 5-4, after parents and community leaders made

Freedom bankruptcy plan – Odessa American Online
WILMINGTON, Del – A share in $32.2 million compared with the $5 million Freedom originally offered. “I’m a little relieved that it’s all done,’’ said Freedom Chief Financial Officer Mark McEachen, who attended the less than 30-minute

JPMorgan, Citigroup Helped Cause Lehman Collapse – Bloomberg
Fuld was warned months before the bankruptcy by Treasury Secretary Henry Paulson that Lehman might fail if it continued to report losses without finding a buyer or formulating a survival plan, according to Valukas’s report. ‘Grossly Negligent

GM’s Lutz says hybrids, electrics are future – San Jose Mercury News
WARREN, Mich.—General Motors Co. will keep making big trucks and SUVs because U.S. buyers demand them, but a major portion of them will be gas-electric hybrids in the near future, retiring Vice Chairman Bob Lutz said Friday. Lutz didn’t give

Board’s Decision to Close 28 Kansas City Schools – New York Times
The plan also calls for the elimination of 700 of 3,000 jobs, including teaching positions If the schools had fallen into bankruptcy, as was predicted before the closings, the state would have seized control, and made changes as it saw fit.

Kansas City Adopts Plan to Close Nearly Half Its Schools – New York Times
KANSAS CITY, Mo. — The Kansas City Board of Education voted Wednesday night to close almost half of the city’s public schools, accepting a sweeping and contentious plan to shrink the system in the face of dwindling enrollment, budget cuts and a

Chrysler’s Twinsburg plant surrounded by grim mood – Cleveland Plain Dealer
Bankruptcy Court Judge Arthur Gonzalez signed off on Chrysler’s sale of the plant to Maynards late Thursday morning during a hearing in his New York courtroom. None of Chrysler’s creditors opposed the deal in court filings, other than a technical

Simon CEO: No pressure from rival Gen Growth plan – MSN Money
NEW YORK (Reuters) – The chief executive of Simon Property Group Inc said on Thursday a revised plan by management of General Growth Properties Inc to emerge from bankruptcy would not put pressure on his company to sweeten its own $10 billion offer

Kansas City closing nearly half its schools – Dubuque Telegraph Herald
KANSAS CITY, Mo. — The Kansas City school board narrowly approved a plan Wednesday night to close nearly half the district’s schools in a desperate bid to avoid a potential bankruptcy. The board voted, 5-4, after parents and community leaders made

Freedom bankruptcy plan – Odessa American Online
WILMINGTON, Del – A share in $32.2 million compared with the $5 million Freedom originally offered. “I’m a little relieved that it’s all done,’’ said Freedom Chief Financial Officer Mark McEachen, who attended the less than 30-minute

JPMorgan, Citigroup Helped Cause Lehman Collapse – Bloomberg
Fuld was warned months before the bankruptcy by Treasury Secretary Henry Paulson that Lehman might fail if it continued to report losses without finding a buyer or formulating a survival plan, according to Valukas’s report. ‘Grossly Negligent

Plans Bankruptcy – Freedom bankruptcy plan – Odessa American Online

Friday, March 12th, 2010

Freedom bankruptcy plan – Odessa American Online
WILMINGTON, Del – A share in $32.2 million compared with the $5 million Freedom originally offered. “I’m a little relieved that it’s all done,’’ said Freedom Chief Financial Officer Mark McEachen, who attended the less than 30-minute

Twinsburg: Chrysler plant sold to liquidator – WKYC
Mayor Procop said she would meet with Ohio development officials by the end of this month to formulate a plan for the massive building, should it be emptied. The bankruptcy sale included the 160-plus-acre site on which the factory is located.

Freedom bankruptcy plan – Odessa American Online
WILMINGTON, Del – A share in $32.2 million compared with the $5 million Freedom originally offered. “I’m a little relieved that it’s all done,’’ said Freedom Chief Financial Officer Mark McEachen, who attended the less than 30-minute

Twinsburg: Chrysler plant sold to liquidator – WKYC
Mayor Procop said she would meet with Ohio development officials by the end of this month to formulate a plan for the massive building, should it be emptied. The bankruptcy sale included the 160-plus-acre site on which the factory is located.

Plans Bankruptcy – JPMorgan, Citigroup Helped Cause Lehman’s Collapse – Bloomberg

Friday, March 12th, 2010

JPMorgan, Citigroup Helped Cause Lehman’s Collapse – Bloomberg
March 11 (Bloomberg) — JPMorgan Chase & Co. and Citigroup Inc. helped cause the collapse of Lehman Brothers Holding Inc. by demanding more collateral and changing guarantee agreements, the bankrupt bank’s examiner said today in a report. “The

Kansas City closing nearly half its schools – Dubuque Telegraph Herald
KANSAS CITY, Mo. — The Kansas City school board narrowly approved a plan Wednesday night to close nearly half the district’s schools in a desperate bid to avoid a potential bankruptcy. The board voted, 5-4, after parents and community leaders made

Kansas City to close 26 schools. Unprecedented move in – The Christian Science Monitor
But he and the board decided that his “Right Sizing” plan is necessary to save about $50 million and stave off bankruptcy. Now the details have to be worked out so this fall, the district’s nearly 18,000 students can adjust to new bus routes

Nikkei set to gain after Wall St rally, BOJ eyed – Reuters
T ) may draw attention after its incoming president said he had no plans to carry out additional capital Inc used accounting gimmicks and had been insolvent for weeks before it filed for bankruptcy in September 2008, a court-appointed examiner

Simon CEO: No pressure from rival Gen Growth plan – MSN Money
NEW YORK (Reuters) – The chief executive of Simon Property Group Inc said on Thursday a revised plan by management of General Growth Properties Inc to emerge from bankruptcy would not put pressure on his company to sweeten its own $10 billion offer

JPMorgan, Citigroup blamed in Lehman’s collapse – Houston Chronicle
JPMorgan Chase & Co. and Citigroup Inc. helped cause the collapse of Lehman Brothers Holding Inc. by demanding more collateral and changing guarantee agreements, a bankruptcy examiner said today in a report. “The demands for collateral by Lehman’s

Kansas City school board approves plan to close nearly – Democratic Underground.com
The urban core has suffered white flight post-the 1954 U.S. Supreme Court decision Brown v. the Board of Education, blockbusting by the real estate industry, redlining by banks and other financial institutions, retail and grocery store abandonment

JPMorgan, Citigroup Helped Cause Lehman’s Collapse – Bloomberg
March 11 (Bloomberg) — JPMorgan Chase & Co. and Citigroup Inc. helped cause the collapse of Lehman Brothers Holding Inc. by demanding more collateral and changing guarantee agreements, the bankrupt bank’s examiner said today in a report. “The

Kansas City closing nearly half its schools – Dubuque Telegraph Herald
KANSAS CITY, Mo. — The Kansas City school board narrowly approved a plan Wednesday night to close nearly half the district’s schools in a desperate bid to avoid a potential bankruptcy. The board voted, 5-4, after parents and community leaders made

Kansas City to close 26 schools. Unprecedented move in – The Christian Science Monitor
But he and the board decided that his “Right Sizing” plan is necessary to save about $50 million and stave off bankruptcy. Now the details have to be worked out so this fall, the district’s nearly 18,000 students can adjust to new bus routes

Nikkei set to gain after Wall St rally, BOJ eyed – Reuters
T ) may draw attention after its incoming president said he had no plans to carry out additional capital Inc used accounting gimmicks and had been insolvent for weeks before it filed for bankruptcy in September 2008, a court-appointed examiner

Simon CEO: No pressure from rival Gen Growth plan – MSN Money
NEW YORK (Reuters) – The chief executive of Simon Property Group Inc said on Thursday a revised plan by management of General Growth Properties Inc to emerge from bankruptcy would not put pressure on his company to sweeten its own $10 billion offer

JPMorgan, Citigroup blamed in Lehman’s collapse – Houston Chronicle
JPMorgan Chase & Co. and Citigroup Inc. helped cause the collapse of Lehman Brothers Holding Inc. by demanding more collateral and changing guarantee agreements, a bankruptcy examiner said today in a report. “The demands for collateral by Lehman’s

Kansas City school board approves plan to close nearly – Democratic Underground.com
The urban core has suffered white flight post-the 1954 U.S. Supreme Court decision Brown v. the Board of Education, blockbusting by the real estate industry, redlining by banks and other financial institutions, retail and grocery store abandonment