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- Car Loan Defaults Could Reach Record Numbers - CBS 4 South Florida
TALLAHASSEE (AP) ― Home foreclosures are hitting high numbers, but there are also a large number of car loans being defaulted on in these tough times. The vehicle auction company ADESA predicts there will be around 1.9 million repossessed vehicles ...
cbs4.com
- Skadden Leads Half-Dozen Firms in Circuit City Bankruptcy (Law.com)
Circuit City, among the nation's largest retailers with more than 700 stores in the U.S., hired Skadden, Arps, Slate, Meagher & Flom last month in hopes of finding some way to avoid a bankruptcy filing. While Skadden helped Circuit City secure a $1.3 billion line of credit recently, it wasn't enough to save the company from Chapter 11 following six consecutive quarters of falling sales and a ...
www.law.com
- "More Bailouts Needed!" (Kitco.com)
The morning after the election I went to my favorite coffee shop in town. The sign and windows were covered up. They had just officially closed that morning due to bankruptcy. A chain of over three stores and some of their site locations were virtual money machines because they were so busy.
www.kitco.com
- American Principle Bank Announces: Third Quarter 2008 Financial ... - CNBC
SAN LUIS OBISPO, Calif., Oct 28, 2008 /PRNewswire-FirstCall via COMTEX/ -- American Principle Bank (OTC Bulletin Board: APBA) (the "Bank") today announced year to date financial results through September 30, 2008. The Bank reported record levels of ...
www.cnbc.com
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