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U.S. Dollar Hits Two Month High After Jobs Report 16 Nov 2012 | 09:09 pm
By Bob Negele Solid growth in the U.S. economy has helped spur the dollar to a two month high, as compared to a basket of other major currencies. A recent article in Reuters is reporting that they ne...
Storm Shuts Down Manhattan Bankruptcy Court 7 Nov 2012 | 10:36 pm
By Bob Negele The aftermath of Hurricane Sandy has been tremendous. The bankruptcy court in Manhattan has not been immune to the storms wrath. A recent article in the Chicago Tribune is reporting tha...
Federal Funds for Clean Energy Dwindle: What’s Next? 30 Oct 2012 | 07:30 pm
By Bob Negele President Obama’ 2009 stimulus package gave a major boom to the clean energy market. According to a recent report in the New York Times, the remaining federal funding is nearly dried up...
Dynegy to Emerge from Chapter 11 bankruptcy 30 Oct 2012 | 05:58 pm
By Bob Negele The U.S. based power company is scheduled to emerge from bankruptcy less than a month after receiving court approval for its bankruptcy plan. A report in the Chicago Tribune states that ...
Scandal Behind the Funding for Musical “Rebecca” 24 Oct 2012 | 06:50 pm
By Bob Negele A Broadway musical “Rebecca” has a back story more interesting than most movie plots. The musical, “Rebecca,” had the funding collapse after the reported death of the main investor. The...
University of Arkansas Football Coach Raises Ethical Eyebrows 22 Oct 2012 | 07:44 pm
By Bob Negele University of Arkansas football coach John L. Smith arranged to have $600,000 of his $850,000 annual salary deferred until after the season. The main problem with this is that he did it...
What Kinds of People File for Bankruptcy? 20 Oct 2012 | 12:43 am
By Bob Negele Bankruptcy is a complicated area of law that thousands of people, businesses and municipalities utilize every year. Despite the prevalence, not many people know that much about it. Ban...
Marijuana Dispensary’s Chapter 11 Up in Smoke 20 Oct 2012 | 12:42 am
By Bob Negele Mother Earth Alternative Healing Cooperative, a San Diego based medical marijuana dispensary, attempted to file for bankruptcy protection. The case raised an interesting legal question ...
Thousands of Millionaires Receive Jobless Benefits in 2009 16 Oct 2012 | 07:37 pm
In a very counter intuitive article, the Chicago Tribune is reporting that nearly 2,400 millionaires received unemployment insurance in 2009. Millionaires are considered households with more than $1 m...
Lehman to Pay More than $10 Billion to Creditors 10 Oct 2012 | 08:04 pm
An article in Reuters is reporting that starting next month Lehman Brothers Holdings Inc will make a $10.5 billion payment to creditors. This is the second payment of a plan to repay $65 billion. Leh...