GO
Loading...

Bankruptcy

More

  • Paulson: Saying Lehman Would Get No Money Was Ploy Monday, 1 Feb 2010 | 12:38 PM ET

    More than a year after the collapse of Lehman Brothers, former Treasury Secretary Hank Paulson admitted that saying the bank would not get a bailout, was a ploy in the negotiations over the failed institution.

  • Paulson 'On The Brink' and On CNBC Thursday, 28 Jan 2010 | 1:21 PM ET

    This Monday, Henry Paulson will be on CNBC as Larry's guest. The former head of the Treasury is coming on CNBC to talk with Larry about his new book and his role in the bailouts and AIG.

  • New York City

    The financially troubled owners of two massive apartment complexes that sold for a record $5.4 billion a few years ago said Monday they're turning them over to their creditors.

  • Charter CEO Joins Comcast as Cable President Friday, 22 Jan 2010 | 8:47 AM ET

    The chief executive of cable operator Charter Communications is joining larger rival Comcast as president of its cable operations.

  • One CEO's Story: Do The Right Thing, Always Friday, 15 Jan 2010 | 4:53 PM ET

    As Japan Airlines, Asia's behemoth airline, flies closer to bankruptcy we’re learning more and more about the man tasked with leading the company during the restructuring. He's the author of “A Compass to Fulfillment: Passion and Spirituality in Life and Business,” a national best seller.

  • In a moment of brilliance, Congress, in 1978, recognized that, in business, failure is not only an option, but the inevitable outcome of economic growth. Why is this?

  • broke

    U.S. consumers and businesses are filing for bankruptcy at a pace that made 2009 the seventh-worst year on record, with more than 1.4 million petitions submitted, an Associated Press tally showed Monday.

  • Seven Businesses That Did Not Survive 2009 Thursday, 31 Dec 2009 | 4:16 PM ET

    That this year has been a tough one for small business is no surprise. But just how tough it has been continues to astound. The New York Times looks at seven businesses that failed this year.

  • WaMu Seeks to Investigate US Regulators, Others Wednesday, 16 Dec 2009 | 3:44 AM ET

    Bank holding company Washington Mutual has asked a federal court for the power to make the Federal Reserve, the U.S. Treasury, and a long list of other parties turn over documents and witness interviews related to the bank's 2008 collapse.

  • Icahn Agrees to Buy Debt of Trump's Casino Company Friday, 11 Dec 2009 | 12:58 PM ET
    Carl Icahn

    Billionaire investor Carl C. Icahn said Friday he has agreed to buy a majority of the first-lien bank debt of Trump Entertainment Resorts, which owns three resorts in Atlantic City, N.J.

  • Bailout Watchdog: Crisis Response Worked, Somewhat Wednesday, 9 Dec 2009 | 3:58 AM ET
    Financial Crisis

    The government's $700 billion bailout of the financial system helped prevent an all-out panic last fall but hasn't met many of the targets Congress set out, a watchdog panel says.

  • A Flush GM to Lavish Cash on New Vehicle Development Tuesday, 8 Dec 2009 | 10:23 AM ET
    Jon Lauckner, General Motors' Vice President of Global Product Planning, speaks at the Detroit Hamtramck Assembly Plant. GM announced that they will invest $336 million to build the new Chevrolet Volt extended range electric vehicle at the plant.

    Edward E. Whitacre Jr., the new chief executive of General Motors, has one big advantage as he tries to turn around the automaker — a stockpile of cash to develop new cars and trucks.

  • Strong Banks, Weak Credit: Treasury Rethinks TARP Tuesday, 24 Nov 2009 | 6:19 AM ET

    Big banks are roaring back. At crisis' edge last year, they are repaying billions of dollars dumped into their vaults to rescue them. Dividend checks are accumulating at the Treasury. Taxpayers won't recoup the full sum of the government's unprecedented infusion to the financial sector, but the returns are ahead of schedule.

  • Post-Mortems Reveal Obvious Risk at Banks Thursday, 19 Nov 2009 | 5:54 AM ET
    Financial Crisis

    The coroner’s report left no doubt as to the cause of death: toxic loans. That was the conclusion of a financial autopsy that federal officials performed on Haven Trust Bank, a small bank in Duluth, Ga., that collapsed last December, the New York Times reported.

  • A certain segment of the hedge fund industry is in the midst of evolving. The evolution of these hedge funds is apparent in their shift from focusing on short-term gains to long-term maximization of value.

  • For all its financial troubles and shortcomings as an automaker, no aspect of G.M. has confounded its critics as much as its hidebound, command-and-control corporate culture. The New York Times looks at the carmaker's effort to change.

  • Why German Opel Workers Can't Stand GM Friday, 6 Nov 2009 | 6:59 AM ET
    Workers of the Opel plant, a subsidiary of General Motors, in Bochum, western Germany, block the entrance gate on Monday Oct. 18, 2004. Workers protest against plans of the carmaker's parent company General Motors to cut some 10,000 jobs in Germany. (AP Photo/Frank Augstein)

    General Motors is already feeling the backlash of its decision not to sell European automaker Opel to Magna International, as workers in Germany went on strike.  GM faces not just ire over American-European cultural differences, but worker unease at job security, European-style.

  • JPMorgan Settles SEC Charges in Muni-Bond Case Wednesday, 4 Nov 2009 | 1:44 PM ET
    JP Morgan Chase

    JPMorgan Chase has agreed to a settlement worth more than $700 million over federal regulators' charges that it made unlawful payments to friends of public officials to win municipal bond business in Jefferson County, Ala.

  • Largest US Bankruptcies Monday, 2 Nov 2009 | 2:02 PM ET
    Lehman Brothers' chapter 11 bankruptcy protection filing is the largest in history, dwarfing all others. Take a look at the ten biggest corporate filings in US bankruptcy court, based on pre-bankruptcy assets. >

    Lehman Brothers' bankruptcy protection filing is the largest in history, dwarfing all others. Take a look at the ten biggest corporate filings in US bankruptcy court.

  • A New Competitor Pops Up in the Toy War Wednesday, 28 Oct 2009 | 1:27 PM ET

    Toys 'R Us isn't the only toy store taking advantage of the void that KB Toys' bankruptcy left at shopping centers and malls.

Most Popular Video

Thursday, 17 Apr 2014 | 12:58 PM ET

The FMHR traders reveal their final trades.

Friday, 18 Apr 2014 | 11:00 AM ET

Are economic growth expectations too high? CNBC's Jeff Cox explains.

Friday, 18 Apr 2014 | 12:00 PM ET

CNBC's Stephanie Landsman discusses how the luxury rental boom isn't confined to New York City and its boroughs, but that developers are seeing new opportunities in New Jersey.