Bankruptcy News
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BUSINESS NEWS: Poultry producer files for bankruptcy ...
Pilgrim's Pride Corp., the nation's largest chicken producer, filed for Chapter 11 bankruptcy protection on Monday, hobbled by its debt load and volatile feed prices.
Source: Courier-Post (Wed, 03 Dec 2008 08:30:10 GMT)
GM exec: bankruptcy not an option for industry ...
A top executive of General Motors Corp. said Wednesday bankruptcy isn't a viable option, as the United Auto Workers braced for a decision on contract concessions to the endangered Big Three.
Source: AP via Yahoo! News (Wed, 03 Dec 2008 17:03:25 GMT)
Asian Stocks, U.S. Futures Decline on GM Bankruptcy Concern ...
Dec. 4 (Bloomberg) -- Asian stocks fell, erasing earlier gains, and U.S. futures dropped on speculation General Motors Corp. and Chrysler LLC will enter bankruptcy, overshadowing steps by central banks to prevent the global recession from deepening.
Source: Bloomberg (Thu, 04 Dec 2008 06:59:57 GMT)
Asian Stocks, U.S. Futures Decline on GM Bankruptcy Concern ...
Dec. 4 (Bloomberg) -- Asian stocks fell, erasing earlier gains, and U.S. futures dropped on speculation General Motors Corp. and Chrysler LLC will enter bankruptcy, deepening a global economic recession and reducing demand for auto parts and metals.
Source: Bloomberg (Thu, 04 Dec 2008 05:53:55 GMT)
Why Not Bankruptcy? ...
While Big 3 say $34B bailout is only way to save auto industry, some lawmakers say bankruptcy might be the best option ? GM Boss Embarks on His Bailout ... POWER TRIP ? POWER TRIP BLOG: Trackin' Down the Big 3 Biggies ? UAW: Union Will Resume Talks With Big 3
Source: Fox News (Wed, 03 Dec 2008 23:23:13 GMT)
BREAKING: GM, Chrysler Consider Bankruptcy ...
GM and Chrysler are said to be considering a pre-arranged bankruptcy in order to get a bailout from Congress.
Source: WXYZ-TV Detroit (Thu, 04 Dec 2008 07:04:16 GMT)
AFX UK Focus) 2008-12-02 21:37 BRIEF-U.S. House Speaker Pelosi says bankruptcy...
WASHINGTON, Dec 2 (Reuters) - U.S. House Speaker Nancy Pelosi, a California Democrat, at a news conference on the financial restructuring plans submitted by U.S. automakers: * Says "I believe an intervention will happen" by Congress or the administration to help Detroit automakers because bankruptcy is not an option. * Says automakers' plans will get "an appropriate review with speed, not ...
Source: Interactive Investor (Tue, 02 Dec 2008 22:06:11 GMT)
Bally Total Fitness Files For Bankruptcy ...
Orange County, Fla. -- A major fitness company, already facing money troubles hit another rough patch during this economic crisis. Bally Total Fitness filed for bankruptcy filed for bankruptcy Wednesday, for the second time in two years.
Source: WFTV 9 Orlando (Thu, 04 Dec 2008 04:37:14 GMT)
AFX UK Focus) 2008-12-04 05:40 GM, Chrysler considering bankruptcy to get...
Dec 4 (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 discussions. In response to automakers' bailout plea, staff for three members of Congress have asked restructuring experts if a pre-arranged bankruptcy ...
Source: Interactive Investor (Thu, 04 Dec 2008 06:05:10 GMT)
GM, Chrysler considering bankruptcy to get bailout - report ...
Dec 4 (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 discussions.
Source: The Forex Market (Thu, 04 Dec 2008 05:45:22 GMT)
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