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{ Monthly Archives } April 2009

AP Source: Chrysler lender talks break off

DETROIT – (AP) Talks between Chrysler LLC’s lenders and the Treasury Department to reduce the automaker’s $6.9 billion in secured debt and keep it out of bankruptcy protection have disintegrated, a person familiar with the talks said early Thursday.   Chrysler’s fate was in th

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2009 04 30 Uncategorized Comments (0)

Obama hopeful for resolution in Chrysler case

WASHINGTON – (AP) President Barack Obama says he is “very hopeful” for a resolution that keeps Chrysler a viable auto company.   Chrysler has borrowed $4 billion from the government since the beginning of the year and could soon be in danger of running out of cash wi

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2009 04 30 Uncategorized Comments (0)

Founders of ritzy Montana club trade accusations

MISSOULA, Mont. – (AP) The founders of the Yellowstone Club are trading blame over who is responsible for the financial collapse of the Montana haven for the rich that has fallen more than $400 million into debt.

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2009 04 30 Uncategorized Comments (0)

Banks urge Senate to reject mortgage relief bill

WASHINGTON – (AP) A dozen financial groups, including the U.S. Chamber of Commerce and American Bankers Association, on Wednesday urged every member of the U.S

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2009 04 30 Uncategorized Comments (0)

Breeders’ Cup to remain at Santa Anita this year

ARCADIA, Calif. – (AP) Breeders’ Cup officials say horse racing’s year-end world championships will go on as planned at Santa Anita in November despite the track’s owner filing for bankruptcy.

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2009 04 30 Uncategorized Comments (0)

Newspaper group files for bankruptcy protection

DALLAS – (AP) American Community Newspapers Inc., which operates smaller newspapers in four major U.S. markets, has filed for bankruptcy protection, citing “an unprecedented and severe decline in advertising revenue.”   The company filed its Chapter 11 petition Tues

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2009 04 30 Uncategorized Comments (0)

Small GM bondholders rally for better deal

WARREN, Mich. – (AP) Individuals who hold General Motors Corp. bonds said Wednesday they want a better deal than the debt-for-equity swap the company is offering.

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2009 04 30 Uncategorized Comments (0)

Failure to Release Transcript Violates Stay and Discharge Injunctions

http://www.nacba.org/s/74_bcb93196b3f5c19

2009 04 29 admin Uncategorized Comments (0)

Negative Equity Constitutes Purchase Money Obligation

http://www.nacba.org/s/73_c8374b6277fbfdd

2009 04 29 admin Uncategorized Comments (0)

Fiat-Chrysler deal will be known Thursday

MILAN – (AP) Fiat vice chairman John Elkann said Tuesday that the viability of an alliance between Fiat and Chrysler won’t be known until Thursday, the U.S. government’s deadline for Chrysler to wrap up a deal, Italian news agencies reported.

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2009 04 29 Uncategorized Comments (0)