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{ Monthly Archives } December 2009

Credit Reports and Debt Collector Harassment Videos

Credit Reports and Debt Collector Harassment Videos

JAL shares dive to record low on bankruptcy fears

DATELINE: TOKYO (AP)– JAL shares dive to record low on bankruptcy fears Shares of struggling Japan Airlines Corp. nosedived to a record low Wednesday on growing fears the money-losing carrier could be put through bankruptcy court as part of restructuring. Asia’s biggest airline, known as JAL, clo

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Portsmouth could be 1st EPL club declared bankrupt

DATELINE: LONDON (AP)– Portsmouth could be 1st EPL club declared bankrupt Portsmouth could become the first Premier League soccer club to be declared bankrupt after being given a deadline to clear its debts by British revenue officials. HM Revenue and Customs filed a winding-up petition against P

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GM continues with Saab shutdown as talks continue

DATELINE: NEW YORK (AP)– GM continues with Saab shutdown as talks continue General Motors Co. is pressing ahead with plans to shut down Saab, though it will continue to hear bids for the Swedish car brand, a company spokesman said Wednesday. Tom Wilkinson said the automaker is not commenting on r

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AP-GfK Poll: 2009 was bad for America, Americans

DATELINE: WASHINGTON (AP)– AP-GfK Poll: 2009 was bad for America, Americans For all their differences, Americans largely agree on two things: 2009 was a lousy year for the nation, and 2010 is likely to be better. Nearly three-fourths of Americans think 2009 was a bad year for the country, which w

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NY’s Tavern on the Green restaurant bites the dust

DATELINE: NEW YORK (AP)– NY’s Tavern on the Green restaurant bites the dust Tavern on the Green, once America’s highest-grossing restaurant, is singing its culinary swan song. The former sheepfold at the edge of Central Park, now ringed by twinkling lights and fake topiary animals, is preparing f

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Key Air Completes Recapitalization Transaction; Existing Equity Investors Acquire Key Air Debt; Transaction Ensures Key Air’s Long-Term Financial…

OXFORD, Conn., (PRNewswire)- The principle equity investors (led by Rizvi Traverse Management) of Key Air, a leading national provider of FBO services and best-in-class aircraft management and worldwide executive charter services, has recently acquired all of Key Air’s debt in a recapitalization tra

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The past and future decade in business at a glance

(AP) A look at the decade that was and the decade to come, by industry: BANKING THE PAST DECADE: The nation’s big banks swaggered into the decade as owners of the world. They leave it humbled and, in some cases, wards of the state. After receiving billions in federal bailout money . . . Subscrib

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Idearc could emerge from bankruptcy by year-end

DALLAS – (AP) Yellow Pages publisher Idearc Inc. said Tuesday the U.S. Bankruptcy Court in Dallas has confirmed its reorganization plan. The decision positions the company, which was spun off from Verizon in 2006, to emerge from its Chapter 11 bankruptcy proceedings by the end of th

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Chairman, CEO Moore plans to retire after Smurfit-Stone exits bankruptcy

CREVE COEUR, Mo. – (AP) Smurfit-Stone Container Corp. Chairman and CEO Patrick Moore plans to retire within a year of the company’s emergence from Chapter 11 bankruptcy protection. The containerboard and corrugated packaging producer said late Tuesday that Moore, 55, will still serv

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