Bankruptcy Filing stories:
Bankruptcy filing is a blow to small business
Nov 9th, 2009 - CNNMoney
NEW YORK (CNNMoney.com) -- Small business credit card lender Advanta has filed for bankruptcy, five months after it cut off new lending on its 1 million customer accounts. Advanta's lending arm...
Retailers 'Dodge Bullet' With CIT's November Bankruptcy Filing
Nov 3rd, 2009 - Bloomberg
Nov. 3 (Bloomberg) -- The timing of CIT Group Inc.’sbankruptcy filing may have helped U.S. retailers avoid a holidayseason with empty shelves. “Most retailers have dodged a bullet,” said CraigShearman...
Lender CIT Group seeks bankruptcy
Nov 2nd, 2009 - Philly
CIT made the filing in New York Bankruptcy Court after a debt-exchange offer to bondholders failed. CIT said in a statement that its bondholders overwhelmingly opted for...
Asian Stock Markets Slide Amid US Recovery Doubts
Nov 2nd, 2009 - ABC News
Asian stock markets fell Monday after grim news about American consumers sowed more doubts about the strength of the U.S. economic recovery and sent Wall Street tumbling last week.
Exacerbating investor worries was U.S...Wall Street's Orphaned Art
Oct 30th, 2009 - Wall Street Journal
When Lehman Brothers, with its 158-year history as a pillar of finance, vaporized in a bankruptcy filing last year, one asset it left behind was its art collection. Assembled over many years...



