Topic: Bankruptcy

As we head toward the proverbial fiscal cliff, a comprehensive long-term plan to reduce federal public debt, and reform our entitlement system is needed. Our political leaders should consider following Robin Hood’s lead.    Read More

Philip Falcone's telecom start-up LightSquared edged closer to a bankruptcy filing on Sunday as the hedge fund manager was far from an agreement with creditors, sources familiar with the matter said.    Read More

America may start a new economic program called “austerity by inaction.” If this occurs, the United States may find itself in a new economic crisis.    Read More

Parents and students have an array of options for financing education costs, including private loans from banks, tapping home equity credit lines and dipping into retirement accounts. However, the quest to provide a better life for their children can create a lager financial mess for the parents.    Read More

Sharpen your pencils, it's Last Call quiz time.   Read More

Hedge fund manager Philip Falcone said he is "seriously considering'' filing a voluntary bankruptcy for LightSquared, the struggling telecom startup in which his Harbinger Capital Partners is the majority owner.    Read More

All the world loves a clown, except on the taxpayers dime.   Read More

There are two primary questions: will a default by Greece actually occur? And, if a default occurs, what will happen?    Read More

Shares of AMR Corporation—the bankrupt parent company of American Airlines—are soaring today, as the embattled company makes its debut on the over-the-counter market.    Read More

It is the governance of public pension plans that needs to be restructured to assure that pension funds are being appropriately invested and protected.    Read More