Daily News Channel
Actor Gary Busey is in almost a half million dollars worth of debt, this after he declared bankruptcy. The Good & The Bad The Good News: Broke ass actor Gary Busey officially closed his bankruptcy case this month!!!! The Bad News: Despite wiping over $50k in debt from his name — he’s still in […]
Another television actor files for bankruptsy, this time it’s former CSI star; heart throb Gary Dourdan. Creditors And Assets Former “CSI” star Gary Dourdan throws in the towel and files for Chapter 11. The troubled actor filed papers on August 30th — and according to the docs, has a little over $1.8 mil in […]
Konstantinos Sourmelis, a 56-year-old technician for OSE, Greece’s state-owned railway, marched to central Athens on Wednesday to send parliament a simple message: Stop selling out the country. Like the thousands of other demonstrators who protested in the country’s latest general strike, Sourmelis accuses the government of scapegoating OSE and public utilities as part of its proposed privatization plan, the next in a string of attempts to raise the billions that Greece owes foreign creditors
China passes $1 trillion in Treasuries It turns out China does personal more Treasury bonds than the government’s official figures are actually allowing on. China held $1.sixteen trillion of U.S. federal government bonds at the end of 2010, Treasury stated Monday in its preliminary revision of data on foreign portfolio holdings. That’s up $268 billion […]
One year after the collapse of banking stalwart Lehman Brothers, the administrator of its European business says the full impact on creditors may not be known until 2010. Tony Lomas, a partner for PricewaterhouseCoopers, has been sorting through the financial remains of the banking giant’s European division since last September, when it became clear the bank would file for bankruptcy.
It’s not just the U.S.
Suspended NFL quarterback Michael Vick will go to work for a construction company in Newport News, Virginia, after he leaves federal prison for bankrolling a dogfighting operation, his lawyer said Thursday. The details emerged in a Chapter 11 confirmation hearing in Virginia Eastern Bankruptcy Court to determine how Vick, 28, will work his way out of bankruptcy. Vick’s lawyer, Michael Blumenthal, told the court that the embattled footballer will take the stand first thing Friday and explain how he intends to turn over a new leaf after spending nearly two years in prison on a federal conspiracy charge