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Bankruptcy

A collection of news and information related to Bankruptcy published by this site and its partners.

Top Bankruptcy Articles

Displaying items 45-55
  • In San Bernardino, new mayor banks on his political inexperience

    In San Bernardino, new mayor banks on his political inexperience
    Sitting in a spare office on the sixth floor of City Hall, a sweeping view of San Bernardino behind him, the incoming mayor paused a conversation and picked up a ringing phone. It was somebody wanting to know what time the office closed. "I don't...
  • Bitcoin irony watch: Mt. Gox seeks protection of -- eek! -- government

    Bitcoin irony watch: Mt. Gox seeks protection of -- eek! -- government
    The libertarian streak among bitcoin fanciers will be hard to kill, but at the moment it's certainly crippled. That's because bitcoin's onetime market leader, the Mt. Gox exchange, today filed for bankruptcy protection in Japan. Of course it's not...
  • Coping with the sudden rise and rapid fall of products, industries

    When asked how he went bankrupt, a character in Ernest Hemingway's novel "The Sun Also Rises" replies: "Two ways. Gradually and then suddenly." This neat summation of how business failure creeps up on victims is quoted in "Big Bang Disruption:...
  • Mt. Gox files for bankruptcy as 850,000 bitcoins go missing

    Mt. Gox files for bankruptcy as 850,000 bitcoins go missing
    Bitcoin exchange Mt. Gox announced Friday that it has filed for bankruptcy protection, admitting that it had lost 850,000 bitcoins. "There was some weakness in the system, and the bitcoins have disappeared. I apologize for causing trouble," said Mt. Gox...
  • LAFD's speed hiring and 5 must-read headlines

    LAFD's speed hiring and 5 must-read headlines
    The Los Angeles Fire Department has begun hiring for the first time since 2009, and there is tremendous demand for a job with the agency. You’d think the city would be able to select the very best candidates -- the ones with the highest test scores,...
  • Dodgers and Time Warner Cable hope to avoid replay of Houston mess

    Dodgers and Time Warner Cable hope to avoid replay of Houston mess
    Los Angeles, you may have a Houston problem. The Dodgers are expected to have a much better season than the lackluster Houston Astros, but fans of both teams may soon have a lot in common when it comes to watching the games on television. In Houston,...
  • Bitcoin virtual currency is on verge of collapse

    Bitcoin virtual currency is on verge of collapse
    It was supposed to revolutionize the global monetary system. Instead, the bitcoin virtual currency that has captured the imagination of investors and financiers is on the verge of collapse. In a stunning blow to a novel way to buy products and services,...
  • Detroit bankruptcy plan includes deep pension cuts

    Detroit bankruptcy plan includes deep pension cuts
    Detroit's plan to emerge from bankruptcy this year largely hinges on significant cuts to city workers' pensions and retiree health benefits — actions vehemently fought by public employee unions — as well as decreased payments to bondholders,...
  • Transcripts detail Fed's struggles amid 2008 financial crisis

    Transcripts detail Fed's struggles amid 2008 financial crisis
    WASHINGTON — The day after Lehman Bros. filed for bankruptcy in September 2008, Federal Reserve policymakers hadn't yet grasped the scope of the financial storm blowing overhead. What was clear to them as they gathered for a regularly scheduled...
  • Detroit bankruptcy plan cuts pensions, payments to creditors

    Detroit bankruptcy plan cuts pensions, payments to creditors
    Detroit hopes to emerge from bankruptcy this year in part by significantly cutting city workers' pensions and payments to bondholders, according to a blueprint filed Friday to restructure the city's $18-billion debt. Detroit is to invest $1.5 billion...
  • Disgraced celebrity money manager charged in new scheme

    Disgraced celebrity money manager charged in new scheme
    A former money manager to the stars who went to prison in 2001 for stealing from his clients has been charged in a new fraud case. Prosecutors in New York say Dana Giacchetto used someone else's credit card to make more than $10,000 worth of...