Personal Bankruptcy. Legal news and articles for April 27 - 28, 2013

Do Not Try 2015, Primate Olabayo Warns President Jonathan - GuardianBodu Bala Sena and the global context of IslamophobiaGeorge Will: Signs of grown-ups in chargeTrustee for Universal Health Care bankruptcy in for long haulLoans Borrowed Against Pensions Squeeze RetireesJon Broyhill and Nation Hahn's unusual bond, stunning breakThe Rise And Fall Of Apple Computer And The Tech SectorGFalls eyes deal to sever ties with power co-op - The Montana StandardFive myths about electric carsMoody's, S&P settle lawsuits over debt ratingsDisguised loans plunge retirees further into debtMoody's, S&P settle lawsuits over debt ratingsChina is not the only Country that needs to retool its growth modelFriendsville Piano Man Michael Stinnett restores, renews vintage instrumentsMark Zuckerberg Joins The $1 Salary Club

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Moscow: no bailout for Russian savers on Cyprus
Montana StandardApril 1, 2013

Big depositors at Cyprus' largest bank, including some Russians, may be forced to accept losses of up to 60 percent, far more than initially estimated under the European rescue package to save the country from bankruptcy. View (0) Comments ... Name ...more »

Judge rules Stockton, Calif., to enter bankruptcy
Yahoo! News (blog)April 1, 2013

Holders of the biggest portion of Stockton's debt insured $165 million in bonds the city issued in 2007 to keep up with payments to the California Public Employees Retirement System as property taxes plummeted during the recession. Stockton now owes ...more »

Personal Bankruptcy. News and Stories

Do Not Try 2015, Primate Olabayo Warns President Jonathan - Guardian
The Guardian NigeriaApril 28, 2013

These are questions. Mr. President! Do not give amnesty to the Islamic sect called Boko Haram! They are dedicated to imposing Islamic fundamentalism in northern Nigeria through violence. They wish to wipe out Christianity and enthrone Islam in the ...more »

Bodu Bala Sena and the global context of Islamophobia
LankawebApril 28, 2013

The IRS is deployed to heavily tax Mosques and other Islamic establishments to bankruptcy or raise interminable questions about their tax status, forcing them to use very expensive defence lawyers. The reaction in France has been firm, open and ...more »

George Will: Signs of grown-ups in charge
STLtoday.comApril 28, 2013

Dave Camp, R-Mich., Baucus' tax-writing counterpart, is term-limited by Republican rules as chairman of the Ways and Means Committee. So the two most important people in the most urgent ... Finally, last week Earth Day passed with less notice than was ...more »

Trustee for Universal Health Care bankruptcy in for long haul
Tampabay.comApril 27, 2013

The corporate structure here has a management company (American Managed Care), which served as a lateral services company. That was the hub of the banking activity. That company, though, is not in bankruptcy and not part of any receivership. It's ...more »

Loans Borrowed Against Pensions Squeeze Retirees
New York TimesApril 27, 2013

... and others — are being courted particularly aggressively by pension-advance companies, which operate largely outside of state and federal banking regulations, but are now drawing scrutiny from Congress and the Consumer Financial Protection Bureau.more »

Jon Broyhill and Nation Hahn's unusual bond, stunning break
News & ObserverApril 27, 2013

Around the same time, he had trouble managing his personal life. He filed for chapter 7 bankruptcy in 2005 while still living at his parents' address, court records show. Broyhill had run up debts on seven credit cards and taken out five loans, most of ...more »

The Rise And Fall Of Apple Computer And The Tech Sector
Wall Street Sector SelectorApril 27, 2013

Apple still makes headlines today but many of the exciting companies, which were introduced to us in The Personal Computer Book, have either died or they have been consumed by other corporations (in the manner that Compaq was cannibalized by Hewlett ...more »

GFalls eyes deal to sever ties with power co-op - The Montana Standard
Montana StandardApril 27, 2013

City officials in Great Falls have reached a tentative agreement to extricate the city from ties with a bankrupt Montana power cooperative. The Great Falls Tribune reports (http://gftrib.com/15PylGF) that city ... Name-calling, crude language and ...more »

Five myths about electric cars
MiamiHerald.comApril 27, 2013

The California start-up, which had already halted production and laid off most of its employees, missed a federal loan payment this week and told a congressional hearing that it may not be able to avoid bankruptcy. This is probably the end of the road ...more »

Moody's, S&P settle lawsuits over debt ratings
Boston.comApril 27, 2013

With the value of such investments declining, funds that purchased the bonds filed for bankruptcy. King County and Abu Dhabi sued the ratings agencies ... To: Invalid E-mail address. Add a personal message:(80 character limit). Your E-mail: Invalid E ...more »

Disguised loans plunge retirees further into debt
Atlanta Journal ConstitutionApril 27, 2013

Borrowing against pensions can help some retirees, elder-care lawyers say; but, like payday loans, which are commonly aimed at lower-income borrowers, pension loans can turn ruinous for people who are already financially vulnerable, because of the ...more »

Moody's, S&P settle lawsuits over debt ratings
Boston.comApril 27, 2013

With the value of such investments declining, funds that purchased the bonds filed for bankruptcy. King County and Abu Dhabi sued the ratings agencies ... To: Invalid E-mail address. Add a personal message:(80 character limit). Your E-mail: Invalid E ...more »

China is not the only Country that needs to retool its growth model
Next Big FutureApril 27, 2013

The squeeze contributes to trends that could affect future growth, including a plummeting personal-saving rate and one of the world's lowest fertility rates. Beyond Korean style: Shaping a new growth formula, a new report from the McKinsey Global ...more »

Friendsville Piano Man Michael Stinnett restores, renews vintage instruments
Knoxville News SentinelApril 27, 2013

“Every one of these pianos has a story attached to it and has a personal history,” Stinnett says. Before he grew interested in piano ... Vintage Piano filed for Chapter 11 bankruptcy; Stinnett later sold the company. He had faith the economy — and ...more »

Mark Zuckerberg Joins The $1 Salary Club
Business Insider AustraliaApril 27, 2013

When Lee Iacocca was brought in to save Chrysler from bankruptcy in 1978, he took a $1 salary as a publicity stunt. Vikram Pandit's ... Professional trips don't count as compensation, but his personal trips on Air Facebook last year cost more than $1.2 ...more »

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