Archive for the 'News' Category



China’s Sanlu Group Faces Bankruptcy

NTDTV asked:

ZHANG:
Sanlu Group, the first reported source of the tainted milk powder scandal in China, may soon be facing bankruptcy. It’s having to recall millions of dollars worth of products and issue refunds. It may also be liable to pay hospital bills for Chinese children suffering from kidney stones.
A source quoted by Hong [...]

GM Borders Bankruptcy

CBS asked:

General Motors is losing $2 billion a month and is on the brink of bankruptcy. GM, Ford and Chrysler may receive emergency financial aid for the government. Anthony Mason reports.Content

Lehman Brothers To File For Bankruptcy; Bank Of America To Buy Merrill Lynch; AIG Seeks $40 Billion Fed Bridge Loan

Bloomberg asked:

Lehman Brothers to file for bankruptcy after suitors drop out; Bank of America to buy Merrill Lynch for $50 Billion all-stock deal; AIG seeks $40 Billion Fed loan, New York Times says;Content for WordPress

Charlie Rose – ENRON BANKRUPTCY / KIDD & B. SCOTT

CharlieRose asked:

Allan Sloan, Newsweek; Kurt Eichenwald, The New York Times (via Houston, TX) /// Jason Kidd, New Jersey Nets; Byron Scott, Head Coach, New Jersey NetsContent