bankruptcy

Wall Street split between Clinton and Trump, but most back Clinton

May 10, 2016 By Larry Rubin

One point of view is that some on Wall Street back Hillary Clinton because they fear Trump's "unpredictability" and the effect it could have on financial markets.

Puerto Rico petition for bankruptcy struck down by Appeals Court

July 8, 2015 By Daniel Sankey

Puerto Rico is unable to pay back its $72 billion dollar deficit and announced that the island's economy is on the verge of collapse.

Detroit bankruptcy solved – for now: What about other cities?

November 10, 2014 By April Smith

Everyone is congratulating Michigan Gov. Rick Snyder and his emergency manager, Kevyn Orr, for helping to craft a bankruptcy settlement in Detroit.

New York City Opera files for bankruptcy

October 4, 2013 By Marilyn Bechtel

With the Oct. 3 announcement that New York City Opera is filing for Chapter 11 bankruptcy, the city and the entire country are losing a major cultural institution.

Detroit bankruptcy coming to your city next, leaders warn

September 12, 2013 By John Rummel

Detroit is the canary in the coalmine, warned speakers at a public forum on the city's bankruptcy, held this past Saturday, sponsored by Congressman John Conyers Jr.