Bankruptcy
Topics also related to Bankruptcy Sections:
UPDATE 2-Tribune finally wins court OK to exit bankruptcy
* Chicago Tribune, LA Times owner filed Chapter 11 in 2008
INSIGHT-PFGBest regulator known for inexperienced auditors
WASHINGTON/CHICAGO, July 13 - The watchdog that missed for nearly two decades the blatant fraud at failed brokerage PFGBest has frequently sent out fresh college graduates to look over the books of complex financial firms, people familiar with its operations say.
UPDATE 6-With ego too big to fail, Iowa broker admits 20yr fraud
* Federal complaint alleges false statements from 2010-2012
Tribune finally wins court OK to exit bankruptcy
* Chicago Tribune, LA Times owner filed Chapter 11 in 2008
UPDATE 5-With ego too big to fail, Iowa broker admits 20yr fraud
* Federal complaint alleges false statements from 2010-2012
Buffett sees more municipal bankruptcies likely
July 13 - Billionaire-investor Warren Buffet said on Friday bankruptcies by three California cities in three weeks are making traditionally objectionable Chapter 9 municipal bankruptcy filings more palatable to local governments in financial crisis.
PFGBest CEO faces "up to decades in prison," U.S. atty says
CEDAR RAPIDS, Iowa July 13 - Russell Wasendorf Sr., the founder and CEO of failed futures brokerage PFGBest, faces "up to decades in prison" after being accused of a massive fraud, Assistant U.S. Attorney Peter Deegan said on Friday.
Patriot Coal: High hopes at IPO, but Chapter 11 in five years
July 13 - When Patriot Coal was spun off by Peabody Energy Corp five years ago, it aimed to become the dominant producer in the Appalachian coalfields, buying up small, struggling mining companies and increasing production to cater to growing demand from power companies and steelmakers.
TEXT-Wasendorf unsealed: full text of FBI complaint
July 13 - To see the full text of the FBI complaint against Russell Wasendorf Sr., CEO and founder of failed Iowa brokerage Peregrine Financial, please click the following link.
UPDATE 1-U.S. approves new rules to protect futures customers
* "Corzine rule" requires top execs to approve withdrawals
- M&A;: UPDATE 2-Canada's Teachers' to buy majority stake in Helly Hansen
- IPOs: DryShips open to selling drilling unit Ocean Rig - COO
- Private Capital: UPDATE 2-Romney demands Obama apology over Bain attacks
- Hedge Funds: Investors warn EU hedge fund rules could hit other funds
- Regulatory News: UPDATE 3-Visa, MasterCard, banks in $7.25 bln retail settlement
- Visa, MasterCard, banks in $7.25 billion retail settlement
- Barclays flagged Libor problems to Fed in 2007
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- U.S. investigates whether JPMorgan traders hid losses
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- Zimmerman seeks new judge in murder trial
- Fed's Lacker: Libor scandal hurting confidence
- Suicide bomber kills 22, wounds 40 at Afghan wedding
- With ego too big to fail, Iowa broker admits 20-year fraud
- Consumers gloomier on jobs, finances
- World outrage at Syria "massacre", but no action
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- Former immigration intelligence chief jailed for fraud
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