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Stories tagged with bankruptcy

Bankruptcy trustee sues Ruth Madoff

By Carol Eisenberg   |   July 30, 2009 at 10:56am   |   0 Comments

Ruth Madoff may never be prosecuted in connection with her husband’s decades-long Ponzi scheme, but her days living “a life of splendor” could be over.

Big Ed Whitacre will take reins at GM

By Ric Bohy   |   June 10, 2009 at 8:48am   |   0 Comments

Edward E. Whitacre Jr. will take over as chairman of “the New GM” after it finishes reorganizing under Chapter 11 bankruptcy.

Law firms & advisers will make millions in GM bankruptcy

By Laurie Bennett   |   June 1, 2009 at 9:05am   |   3 Comments

One company’s downfall is another company’s opportunity, particularly if the other company is a law firm.

GM on a path to complicated bankruptcy

By Laurie Bennett   |   May 28, 2009 at 11:07am   |   1 Comments

Chapter 11 proceedings for General Motors won’t go nearly as smoothly as they have for smaller, privately held Chrysler.

Wife of Lehman CEO selling off $20 million in artworks

By Laurie Bennett   |   September 26, 2008 at 12:16pm   |   0 Comments

When the going gets tough, the rich go to auction. Kathy Fuld, wife of Lehman CEO Richard Fuld, is unloading a $20 million set of drawings at a November sale.

Discount retailer Steve & Barry’s looks for ways to stay afloat

By A. James Memmott   |   July 4, 2008 at 9:35am   |   0 Comments

For years, Steve & Barry’s, a store where people could buy T-shirts and even designer dresses by Sarah Jessica Parker for less than $10, was seen as an example of “extreme retailing” that worked.


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