A federal bankruptcy judge said he would not reward the “greedy antics” of financial giant Credit Suisse by ordering the repayment of a $229 million loan it arranged for Montana’s exclusive Yellowstone Club.
Tagged attorney, chapter 11, chapter 7Washington Post Obama slams GOP leadership, economic policies CNN By The CNN Wire Staff (CNN) — President Obama opened the post-Labor Day stretch of the midterm campaign in the perennial swing state of Ohio on Wednesday, accusing the GOP of pushing bankrupt economic policies and putting politics ahead of national … Obama blasts continued tax cuts for the rich Los Angeles Times Obama Lays Out Economic Proposals and Assails GOP New York Times Obama defends opposition to tax cuts for rich Americans BBC News FOXNews - Christian Science Monitor - Wall Street Journal all 6,187 news articles »
Tagged Business, economyIn another move aimed at stabilizing the still-shaky economy, President Barack Obama on Wednesday will introduce a new $200 billion tax cut giving businesses across the country an incentive to buy new equipment in the short term, according to a senior administration official.
Tagged Business, economyReuters – Change swept through the top of Britain’s banks on Tuesday as Barclays said its investment banking supremo Bob Diamond will take over as group chief executive next year and HSBC was expected to announce later that its chairman is going into government.
Tagged BusinessReuters – Two struggling units of Lehman Brothers Holdings Inc , the bankrupt U.S. investment bank, need hundreds of millions of dollars in capital to stave off failure that could cost Lehman billions, court documents show.
Reuters – Bankruptcies filings by consumers fell 8 percent in August but still remained on track to top 1.6 million filings in 2010, according to a report by the American Bankruptcy Institute (ABI).
Baxter & Baxter Attorney Obtains $95,000 Jury Verdict in Unlawful Collection Harassment Case http://www.baxterlaw.com/firm-news/jury-verdict-in-unlawful-collection-harassment-case Portland, Oregon. A Multnomah County jury returned a verdict of $95,000 against TRS Home Furnishings on August 26, 2010. Ms. Edwards obtained furniture from TRS Home Furnishings, an assumed business name for The Rental Store. TRS partners with furniture stores across the country, including Ashley Furniture, and Mor Furniture in Oregon, and provides financing for lease purchase or rent-to-own transactions. In June of 2008, TRS agreed to a temporary reduction of the monthly payment. Before the next payment came due, TRS began harassing Ms. Edwards with a multitude of calls to her cell phone and workplace. The credit manager left menacing voicemails threatening to have Ms. Edwards jailed and prosecuted for a felony. Ms. Edwards borrowed money and attempted to pay off the entire balance, however, her letters were returned. TRS swore out false charges to have her arrested by the Springfield police, and charged by the Lane County DA. Those charges were subsequently dismissed. Ms. Edwards attorney was Justin Baxter of Baxter & Baxter, LLP. Baxter & Baxter Attorney Obtains $95,000 Jury Verdict in Unlawful Collection Harassment Case Justin M. Baxter Baxter & Baxter, LLP 8835 SW Canyon Lane, Suite 130 Portland, Oregon 97225 (503) 297-9031 (Telephone) (503) 291-9172 (Facsimile) Baxter & Baxter, LLP 1101 Broadway Street, Suite 213 Vancouver, Washington 98660 (360) 574-5239 (Telephone) (360) 326-1613 (Facsimile) http://www.baxterlaw.com This electronic mail transmission contains information from the law firm of Baxter & Baxter, LLP, that may be confidential or privileged. If you are not the intended recipient, any disclosure, copying, distribution or use of this information is prohibited. If you believe that you have received this message in error, please notify the sender by telephone at (503) 297-9031, or by electronic mail and delete the message without copying or disclosing it.
Tagged BusinessAP – Spain’s deficit is down sharply thanks to an unpopular cocktail of tax hikes and austerity cuts — good news for a government fighting to ward off fears it might need a bailout like the one that saved Greece from bankruptcy.