GO
Loading...

Bankruptcy

More

  • 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.

  • GM To Cut More Plants, Closing In On HUMMER Deal Friday, 17 Apr 2009 | 12:36 PM ET

    Today on the company conference call updating its restructuring, I asked GM CEO Fritz Henderson is the company will go beyond the number of plants it laid out for closure when updating the Federal Government on February 17th.

  • Techs Barrel Higher; Rosetta IPO Soars Thursday, 16 Apr 2009 | 5:34 PM ET

    Stocks ended a rocky session higher Thursday as investors were encouraged by JPMorgan's results and techs rallied amid anticipation of better results from Google after the bell.

  • Stocks Wobble as Jobless Pop Fizzles Thursday, 16 Apr 2009 | 1:38 PM ET

    An early pop fizzled Thursday as investors digested a mixed bag of economic and earnings news. Banks were mixed as techs gained.

  • Futures Rebound After Jobless Drop Thursday, 16 Apr 2009 | 8:54 AM ET

    Futures pointed to a higher open Thursday as investors shrugged off some dismal data points, choosing to focus on a drop in the headline jobless-claims number.

  • What Happens In Bankruptcy Tuesday, 7 Apr 2009 | 12:33 PM ET

    What happens when a company like GM  files for bankruptcy?  Here are some basic answers

  • General Motors: Bankruptcy or Bust? Wednesday, 1 Apr 2009 | 1:49 PM ET

    Auto industry legends weigh in on President Obama’s push for the right solution.

  • Street Talk - Maybe GM Should Just Go Bankrupt Monday, 30 Mar 2009 | 11:54 AM ET

    Would it be better for taxpayers if GM went into bankruptcy? That's what some are saying on Wall Street this morning.

  • Michael Vick Took Pension Funds for His Own Use: Feds Wednesday, 25 Mar 2009 | 7:20 PM ET
    Michael Vick

    The U.S. Department of Labor filed complaints Wednesday accusing suspended NFL star Michael Vick of illegally spending about $1.3 million in pension plan funds for his own benefit, including paying restitution ordered in his dogfighting conspiracy case.

  • Credit card swipe

    Key Democratic lawmakers are pushing legislation that would block creditors charging high interest rates on credit cards from collecting from consumers in bankruptcy proceedings.

  • 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.

Most Popular Video

Wednesday, 23 Apr 2014 | 10:50 PM ET

Taro Kono, Member of the House of Representatives in Japan's Parliament, says the Liberal Democratic Party (LDP) stands behind Prime Minister Shinzo Abe in pushing for the TPP trade deal.

Wednesday, 23 Apr 2014 | 10:34 PM ET

Charles Li, Chief Executive of Hong Kong Exchanges and Clearing, says the launch of a new commodity trading platform for three metal contracts will facilitate long-term cross-border investments.

Wednesday, 23 Apr 2014 | 10:16 PM ET

David Garrity, Principal at GVA Research, says Apple's decision to raise its dividend and step up its stock buyback program signaled confidence in the tech giant's outlook.