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Bankruptcy

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  • The group of dissident Chrysler bond holders challenging Chrysler's government-backed restructuring plans, said Friday that it is dropping its court fight.

  • Published reports that Cerberus Capital Management is leading the charge for more governments funds to bail out GMAC are completely wrong, a source tells CNBC.

  • Fast Track Bankruptcy? Chrysler Looking To Fly Tuesday, 5 May 2009 | 3:01 PM ET
    2007 Chrysler 300

    As the bankruptcy hearings about creating a new Chrysler pick up steam in New York, it's becoming crystal clear how quickly the Federal Government wants to re-structure the ailing auto maker.

  • What NOT to Do When Buying a Car Tuesday, 5 May 2009 | 10:51 AM ET

    It’s a whole new world out there when it comes to buying a car. But there are still certain things you shouldn’t do before you drive off the lot.

  • Web Extra: The Downsides of Debt Reduction Monday, 4 May 2009 | 2:46 PM ET

    NOT SEEN ON T.V.: There are three common methods of eliminating debt that you should avoid.

  • The economy is turning up, and stocks are on the rise. You wouldn’t know it, though, if you watched the news.

  • Stocks Gain for Week Amid Glimmers of Hope Friday, 1 May 2009 | 5:44 PM ET

    Stocks eked out a gain after a rocky session Friday as investors weighed some encouraging economic reports against gloomy earnings.

  • Stocks Wobble as Confidence Boost Fades Friday, 1 May 2009 | 12:01 PM ET

    Stocks had a wobbly start to the morning Friday as investors weighed some encouraging economic reports against gloomy earnings.

  • Stocks Pare Losses as Confidence Soars Friday, 1 May 2009 | 10:09 AM ET

    Stocks pared their losses Friday after economic reports showed consumer confidence soared to its highest level since before the fall downturn began and that manufacturing is showing signs of improvement.

  • The Lenders Obama Decided to Blame Friday, 1 May 2009 | 9:44 AM ET
    Chrysler Bankruptcy

    A handful of other financiers are being blamed for precipitating the bankruptcy of an American icon. As Chrysler’s fate hung in the balance Wednesday night, this group refused to bend to the Obama administration and accept steep losses on their investments while more junior investors, including the United Automobile Workers union, were offered favorable terms.

  • Futures Higher But MasterCard Limits Gains Friday, 1 May 2009 | 8:44 AM ET

    Futures indicated a slightly higher open for U.S. stocks Friday as investors shrugged off Chrysler's bankruptcy announcement and decided to go against the 'sell in May and go away' mantra after April's successful performance.

  • Chrysler Collapse Boosts Biz for Parts Dealers Thursday, 30 Apr 2009 | 4:06 PM ET

    Plus, Cramer makes the call on the insurance, chemicals and natural gas sectors.

  • Bankruptcy Cramdown Bill Hits Senate Today Thursday, 30 Apr 2009 | 8:38 AM ET

    Sen. Richard Durbin (D-Ill.) has managed to get a vote scheduled for his controversial plan to help homeowners avoid foreclosure, but  the bill's  chances of approval are slim.

  • Bankruptcy Mortgage Bill to Be Introduced in Senate Wednesday, 29 Apr 2009 | 2:13 PM ET

    Senate Majority Whip Richard Durbin (D-Illinois) Thursday will take  so-called bankruptcy cramdown legislation to the floor, seeking a vote on the controversial proposal, say Congressional and industry sources.

  • Chrysler, GM Dealers Hire Lawyers For Bankruptcies Wednesday, 29 Apr 2009 | 1:12 PM ET

    GM and Chrysler dealers have both hired lawyers to represent them in bankruptcy proceedings, CNBC has learned.

  • Credit Crunch Couture Comes into Vogue Friday, 24 Apr 2009 | 11:53 AM ET

    As the global economic slowdown digs its heels in and consumers tighten their belts and fret about jobs, the Alternative Arts organization hosted its annual Alternative Fashion Week in Spitalfields market, London, a platform for young, new designers.

  • U.S. Is Said to Prepare Filing for Chrysler Bankruptcy Thursday, 23 Apr 2009 | 3:39 PM ET

    The Treasury Department is preparing a Chapter 11 bankruptcy filing for Chrysler that could come as soon as next week, people with direct knowledge of the action said Thursday.

  • Treasury, Debt Holders Continue Chrysler Negotiations Thursday, 23 Apr 2009 | 3:35 PM ET
    Chrysler

    Negotiations over the fate of Chrysler continue between the Treasury department and the banks that hold $6.9 billion of Chrysler's debt.

  • Real Estate Firms Face Looming Shakeout Thursday, 23 Apr 2009 | 3:28 PM ET

    Though it came as no surprise to investors, the collapse of General Growth Properties, the nation’s second-largest mall owner, has stirred new fears about a coming debacle in commercial real estate. The company, which owns 200 shopping centers encompassing 200 million square feet and 24,000 tenants, filed for bankruptcy protection last week.

  • Ask The Experts: Debt Settlement vs. Bankruptcy Monday, 20 Apr 2009 | 1:21 PM ET

    Your first option should always be credit counseling, says John Ulzheimer.