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  • Busch: AIG Outrage vs Cooler Heads Wednesday, 18 Mar 2009 | 9:46 AM ET
    Andrew Busch

    The white-hot anger over AIG continues to radiate heat beyond any politician's worst nightmare. This is what happens when friends don't let friends go into bankruptcy.

  • Companies at Greatest Risk for Default Wednesday, 11 Mar 2009 | 4:43 PM ET
    In an economy plagued by tight credit markets, it is sometimes difficult to determine which companies can cover their debts, and which ones are in serious trouble. In Moody’s “U.S. Bottom Rung” report, the ratings agency lists the 283 speculative-grade, non-financial U.S. companies most at risk of default, up from 157 companies one year ago. Companies on the list have not defaulted, carry either a Probability of Default Rating of Caa1 or lower, a B3 with a negative rating outlook, or a B3 with a

    In Moody’s “U.S. Bottom Rung” report, the ratings agency lists the 283 speculative-grade, non-financial U.S. companies most at risk of default. Check out the list.

  • GM Auditors Raise the Specter of Chapter 11 Thursday, 5 Mar 2009 | 12:09 PM ET
    GM auto dealership with sign.

    General Motors' auditors have raised "substantial doubt" about the troubled automaker's ability to continue operations, and the company said it may have to seek bankruptcy protection if it can't execute a huge restructuring plan.

  • GM CEO's Salary Valued at $14.9 Million Thursday, 5 Mar 2009 | 11:42 AM ET
    GM auto dealership with sign.

    General Motors' says it gave Chief Executive Rick Wagoner compensation valued at $14.9 million last year for leading a company that lost $30.9 billion and is running on government loans. 

  • Jim Rogers: Let AIG Go Bankrupt, Not America Tuesday, 3 Mar 2009 | 4:24 PM ET
    Credit Crisis

    American International Group should be allowed to go bankrupt because keeping it and other sick financials alive on government support risks ruining the US economy, legendary investor Jim Rogers told CNBC Tuesday.

  • Henes: Why Now Is NOT The Time To Focus On Growth Thursday, 26 Feb 2009 | 12:16 PM ET

    When a company carries too much debt, disastrous consequences may arise for employees and the company itself.

  • GM Must Steer Clear of Bankruptcy: Greenwald Thursday, 26 Feb 2009 | 9:36 AM ET

    Gerald Greenwald, a founding partner at Greenbriar Equity Group, joined CNBC today to give his opinion on the ailing economy and his hopes that GM can avoid Chapter 11 bankruptcy.

  • Autos Task Force Opposes Bankruptcy Option Tuesday, 24 Feb 2009 | 4:13 PM ET
    GM logo, General Motors logo

    An Obama administration task force considering the fate of General Motors and Chrysler is discouraging bankruptcy protection as an option for the struggling companies, two senators said Tuesday.

  • Salmonella Peanut Processor Files for Bankruptcy Friday, 13 Feb 2009 | 4:46 PM ET

    The peanut processing company at the heart of a national salmonella outbreak filed for bankruptcy Friday, a sign the beleaguered company plans to cease business in the wake of the health scare.

  • Sirius XM Prepares Possible Bankruptcy Filing Tuesday, 10 Feb 2009 | 5:32 PM ET

    Sirius XM Satellite Radio has been working with advisers to prepare for a possible bankruptcy filing in a move that could put pressure on satellite company EchoStar, which owns a substantial amount of the company’s debt.

  • Cohabitation Can Be Costly Friday, 6 Feb 2009 | 1:26 PM ET

    The number of Americans trading in marriage for cohabitation continues to rise.  So, assuming that arrangement means commitment and longevity, couples need to make sure you have an estate plan in place to avoid some very unwelcome surprises down the road. 

  • Law And Romance Can Mix Friday, 6 Feb 2009 | 1:21 PM ET

    Prenuptial agreements are often associated with millionaire moguls and super celebs, but the truth is prenups are not only for the über rich and famous. In fact, people of all ages and ranges of net worth could find a lot of value in signing one before they tie the knot.

  • Trying to Help Financially Troubled Homeowners Friday, 6 Feb 2009 | 10:31 AM ET
    pile of bills

    People seem to pass certain milestones on the road of financial desperation. First the unpaid bills pile up. Then the bank forecloses. Finally, they reach the end of the line: bankruptcy court. But now policy makers are talking about redrawing this map by putting the bankruptcy court before foreclosure to give people a chance to keep their homes.

  • High-End Gemstones Are Diamonds in the Rough Thursday, 5 Feb 2009 | 4:58 PM ET

    For so long, it's been all about value in the retail sector, and looking at the latest retail sales results, that hasn't changed yet. But an often overlooked type of retail business is emerging as a new diamond in the rough: gemstones.

  • Full Lists of Madoff Clients, Brokers, Employees Thursday, 5 Feb 2009 | 1:45 PM ET

    The names of several thousand clients who lost money investing with Bernard Madoff have been released in a court filing that reads like a Who's Who: former Los Angeles Dodgers pitcher Sandy Koufax, actor Kevin Bacon and even Madoff's defense lawyer.

  • No, Carmen says. The only person who can repair your credit is you.

  • The Coming Retail Real Estate Nightmare Tuesday, 3 Feb 2009 | 2:25 PM ET

    The visible signs of the carnage in the retail sector will soon be too hard for many to ignore. The International Council of Shopping Centers projects 148,000 retail stores will be shuttered in 2008, and another 73,000 stores will close in the first half of this year. If those estimates prove correct, the number of closures last year will be the highest since at least 2001, and this year, closures will be on track for a similarly brisk pace.

  • Ask The Experts: How Do I Repay All This Debt? Wednesday, 28 Jan 2009 | 3:33 PM ET

    Carmen weighs the options for one couple who feel like they're drowning in debt.

  • Ask The Experts: Is Bankruptcy Right For Me? Monday, 26 Jan 2009 | 3:31 PM ET

    John Ulzheimer explains the pros and cons to filing for chapter 7 if you're in too deep with your lenders.

  • What's Really Behind The Spike In Bank Repossessions Friday, 23 Jan 2009 | 3:47 PM ET
    Realty Trac

    Sometimes when you look inside the numbers, you find something interesting. In a recent report I noticed the number of bank repossessions was rising faster than overall foreclosure filings.

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