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The Associated Press The Associated Press 2 hours ago A top aide to Gov. Rick Snyder is objecting to being called a "right-hand man" as lawyers question him at the Detroit bankruptcy trial. Richard Baird has worked closely with Snyder, but until
Alex Wong / Getty Images One thread runs through nearly every story of financial fraud, from Enron to Madoff: Investors bilked out of their money rarely get it back. So, this lead from The New York Times Dealbook blog caught our attention: "Two years
Voters in Stockton, California approved a tax hike on Tuesday, putting a city that had been regarded as a test case of pension spending in US municipal bankruptcies closer to regaining solvency. Until Detroit filed for bankruptcy earlier this year,
State officials are pushing for tougher regulations of cemeteries after the sudden closing and bankruptcy of George Washington Carver Memorial Gardens cemetery and local activists are working on a solution to pay for maintenance in the short term,
November 5, 2013 Empire Die Casting Co. of Macedonia, which last month filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court in Akron, officially has notified the state that it will close and let 211 employees go. In a letter dated Oct.
Casey Anthony may have been acquitted of the murder of her two year old daughter Caylee Anthony who was reported missing by her Grandmother Cindy Anthony in July, 2008, but Anthony cannot seem to stay out of the spot light, nor the court room.
Bankruptcy Judge Martin Glenn said today he's prepared to approve a plan to make the final determination of what 26,000 former customers are owed and distribute the money to them...That's quite an accomplishment,'' Glenn said at a hearing in
After the citys voters rejected a 2010 city-backed utility tax increase, the city leaders have made sharp cuts to core services, from parks to police and fire departments. The city also faced a 2011 employee strike over wages and healthcare costs.
Idaho With great fanfare, a Chinese polysilicon factory broke ground on 67 acres here starting in 2007. Then, as the rest of the nation tumbled into recession, the plant rose up in shimmering promise, leaving this tough-edged railroad town blue
Attorneys for Detroit will get a chance to cross-examine a labor leader about his dealings with the city before it filed for bankruptcy in July. Steve Kreisberg is national director of collective bargaining at the American Federation of State, County