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  • Simmons Agrees to Sale, Bankruptcy Filing to Cut Debt

    Sep 25th, 2009 - Bloomberg

    Sept. 25 (Bloomberg) -- Simmons Bedding Co. agreed to besold to affiliates of Ares Management LLC and Teachers’ PrivateCapital in a transaction that will reduce the mattress maker’sdebt to $450 million from $1 billion. Vendors...

  • Number of failed US banks hits 94

    Sep 20th, 2009 - BBC NEWS

    The banking regulator says it has enough money to cover all failed banks Another two US banks have been closed by the federal regulator, taking the total number of American banking failures this year to 94.

  • Venture Bank of Lacey closed by regulators

    Sep 11th, 2009 - The Seattle Times

    Venture Bank of Lacey was closed today by the state Department of Financial Institutions, and the Federal Deposit Insurance Corp. arranged for its deposits to be taken over by First-Citizens Bank & Trust Company...

  • Fontainebleau Las Vegas banks terminate loan

    Apr 23rd, 2009 - Reuters

    Email |Print | Reprints [-] Text [+] LOS ANGELES, April 23 (Reuters) - Fontainebleau Las Vegassaid on Thursday that it had sued Bank of America Corp(BAC.N: Quote, Profile...

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