Bankruptcy Protection Relief


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    Care home operator Southern Cross soars 47 percent after it announces that it has successfully concluded a refinancing with its banking syndicate. "The market was generally of the view that the refinancing would not succeed and they would have to resort to existing shareholders.
  2. Frank Says Bair Should Have Role as Obama Builds Team (Update1) - Bloomberg
    Nov. 6 (Bloomberg) -- House Financial Services Committee Chairman Barney Frank said Federal Deposit Insurance Corp. Chairman Sheila Bair should play a prominent role in Barack Obama 's administration as the president-elect starts assembling his team ...
  3. Remembering John Leonard - Salon
    Nov. 7, 2008 | John Leonard, who died Wednesday in New York at age 69, was many things: editor, critic, journalist, leftist, social commentator, television personality and father (of Salon's own Andrew Leonard ) among them. But most of us knew him as ...
  4. Hungarian Concerns Are `Overstated,' Banking Group Chief Says (Bloomberg)
    Nov. 3 (Bloomberg) -- Concerns that Hungary may have difficulties financing its foreign loans are exaggerated because a large portion of the debt is owed by local lenders to their foreign parents, the head of the bank association said.


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