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    May 8, 2013 |Story| Reuters
  1. In Sin City, Paulson glosses over his losses - sources

    Reuters
    By Svea Herbst-Bayliss and Katya Wachtel LAS VEGAS, May 8 (Reuters) - Days after reporting some of the industry's deepest losses, hedge fund billionaire John Paulson said investors should stick with managers for the long term and reminded a conference...

    Tags: Insider Trading, Money and Monetary Policy, Casino and Gambling Industry, Citigroup Incorporated, Economy, Business and Finance

  2. May 8, 2013 |Story| Reuters
  3. Hungary will not use reserves to root out forex loans: Matolcsy

    Reuters
    BUDAPEST (Reuters) - Hungary's central bank won't use its reserves to help households who owe trillions of forints worth in foreign currency loans, Governor Gyorgy Matolcsy told the weekly Heti Valasz. Even after earlier relief programs, hundreds of...

    Tags: Banking, Economy, Business and Finance, Hungary, Central Bank, Money and Monetary Policy

  4. May 8, 2013 |Story| Chicago Tribune
  5. Applebee's to close 8 Chicago-area restaurants

    At least eight of Applebee’s 33 restaurants in the Chicago area are expected to close as its local franchisee seeks to reorganize its operations in Chapter 11 bankruptcy, a spokesman said late yesterday.
    Tribune reporter
    At least eight of Applebee’s 33 restaurants in the Chicago area are expected to close as its local franchisee seeks to reorganize its operations in Chapter 11 bankruptcy, a spokesman said late yesterday. The casual-dining chain has 2,000 U.S....

    Tags: Dundee, Palatine, Financially Distressed Companies, Barrington, Job Layoffs

  6. May 8, 2013 |Story| Reuters
  7. Electric carmaker Tesla's results likely to jolt stock price

    Reuters
    * Options activity suggests outsized swing in Tesla shares * 'Polarizing' stock has gained 67 pct this year * Tesla short interest near an all-time high - analyst By Doris Frankel and Deepa Seetharaman CHICAGO/DETROIT, May 8 (Reuters) - Electric car...

    Tags: Hybrid Vehicles, Companies and Corporations, Economy, Business and Finance, Automotive Equipment, Thomson Corporation

  8. May 8, 2013 |Story| Reuters
  9. HIGHLIGHTS: Ira Sohn Investment Conference in New York

    Reuters
    NEW YORK, May 8 (Reuters) - High-profile money managers raised red flags on the loose monetary policies taking place around the world at the annual Ira Sohn Investment Conference, a closely watched charitable event, on Wednesday. The event, which...

    Tags: Procter & Gamble, Federal Reserve, Money and Monetary Policy, Elections, Level 3 Communications Incorporated

  10. May 1, 2013 |Story| Chicago Tribune
  11. Arizona legislature votes to make gold, silver legal tender

    Arizona lawmakers on Tuesday voted to make silver and gold coins and bullion legal currency in the state, citing concerns about the stability of the world's monetary system.
    Reuters
    Arizona lawmakers on Tuesday voted to make silver and gold coins and bullion legal currency in the state, citing concerns about the stability of the world's monetary system. If signed into law, Arizona would become the second state in the nation to...

    Tags: Gold Standard Incorporated, Money and Monetary Policy, Metal, Crime, Law and Justice, Justice System

  12. May 8, 2013 |Story| Reuters
  13. Billionaire investors take aim at Fed's policies at Sohn event

    Reuters
    NEW YORK (Reuters) - Wealthy money managers bashed Federal Reserve Chairman Ben Bernanke's easy money policies at a closely watched annual investment conference and charitable event on Wednesday. The Sohn Investment Conference, which raises money for...

    Tags: Ocwen Financial Corporation, Derivative Securities, Mortgages, Federal Reserve, Money and Monetary Policy

  14. May 8, 2013 |Story| Orlando Sentinel
  15. Casey Anthony lawsuits: Fate unclear after bankruptcy hearing

    What does Casey Anthony's bankruptcy mean for the two defamation lawsuits pending against her? The answer was no less murky after a hearing Wednesday in Tampa.
    What does Casey Anthony's bankruptcy mean for the two defamation lawsuits pending against her? The answer was no less murky after a hearing Wednesday in Tampa. The suits, brought by Zenaida Gonzalez and Roy Kronk, were halted in their tracks by Anthony's...

    Tags: Casey Anthony, Financially Distressed Companies, Crime, Law and Justice, Lawyers, Criminals

  16. May 8, 2013 |Story| Herald Mail
  17. Email deadbeat considers faking death to get out of message obligations

    It seems to me that there ought to be a mechanism allowing one to file for email bankruptcy. And I say this as a person whose inbox is filling up far faster than it can ever be emptied.
    It seems to me that there ought to be a mechanism allowing one to file for email bankruptcy. And I say this as a person whose inbox is filling up far faster than it can ever be emptied. When you get behind on your email, it’s just like getting...

    Tags: The Herald-Mail, Holidays

  18. May 1, 2013 |Story| Reuters
  19. West Penn bondholder buyout divides Wall Street rating agencies

    Reuters
    By Hilary Russ May 1 (Reuters) - Wall Street's three main credit rating agencies had three different reactions to the $604.2 million buyout of Pittsburgh's West Penn Allegheny Health System bondholders on Monday. Health insurer Highmark Inc. bought...

    Tags: Pittsburgh, Ratings, Moody's Corporation, Economy, Business and Finance, Health Insurance

  20. May 8, 2013 |Column| Chicago Tribune
  21. Rosenthal: The worst of a job seeker's past is often just a few clicks away

    "The past is never dead. It's not even past," William Faulkner wrote more than 60 years ago, long before the sound and the fury of online chatter and the Internet's capacity for keeping one's personal history ever-present and unburied.
    "The past is never dead. It's not even past," William Faulkner wrote more than 60 years ago, long before the sound and the fury of online chatter and the Internet's capacity for keeping one's personal history ever-present and unburied. The road people...

    Tags: Computing and Information Technology Industry, Chicago Cubs, Chicago Sun-Times, Chicago Rush, Chicago White Sox

  22. May 8, 2013 |Story| Reuters
  23. ANALYSIS-Hedge funds in search of distress take a look at Detroit

    Reuters
    (Repeats with no changes to text) By Tom Hals May 8 (Reuters) - In the past two decades, a group of specialized hedge funds have transformed corporate bankruptcies, injecting much-needed capital while at the same time drawing fire as "vultures." Now...

    Tags: Oaktree Capital Management, Visteon Corp., Services and Shopping, Pension and Welfare, Photography Supplies and Services

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Bankruptcy Photos
An estimated 400 depositors line up outside the Des Pla...
(May 22, 2013)
Michael: [screaming into the office] "I DECLARE BANKRUP...
(May 12, 2013)
On how to declare bankruptcy
Phoenix, "Bankrupt!"
(April 23, 2013)
Phoenix, "Bankrupt!"