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December 14, 2007

HSBC to get funds from Taiwan to take over bank

HSBC to get funds from Taiwan to take over bank
International Herald Tribune - The Taiwan bank failed and was taken over by the government after its parent, the Rebar Group, became embroiled in scandal that included bankruptcy of two of its units about a year ago. The bank had gross assets of approximately $3.1 billion at
Source: www.iht.com

American says recalling nearly 250 furloughed flight attendants
International Herald Tribune - Just months before the attacks, American's parent, AMR Corp., bought TWA out of bankruptcy. The TWA flight attendants were put at the bottom of American's seniority list, making them the first to be laid off and among the last to be rehired. American
Source: www.iht.com

Trop may play bankruptcy card
Newark Star-Ledger - The loss of Tropicana's casino license may only be the start of troubles for its owner, Kentucky businessman William Yung, the casino may now be close to defaulting on a loan. The company said yesterday if its Atlantic City casino cannot convince a
Source: www.nj.com

David Schaper, NPR Biography
NPR News - He has also produced reports on the important political issues in key Midwest battleground states, education issues related to "No Child Left Behind," the bankruptcy of United Airlines as well as other aviation and transportation issues, and the
Source: www.npr.org

HSBC enters Taiwanese market
Financial Times - Taiwan s state-owned Central Deposit Insurance, the country s bad-debt agency, has been running The Chinese Bank since the bankruptcy of two Rebar group companies triggered a run on the lender in January. International financial institutions view
Source: www.ft.com

Dura delays Chapter 11 exit
Detroit News - DETROIT — Auto-parts supplier Dura Automotive Systems Inc. said Thursday it's postponing its Chapter 11 exit financing process in the latest example of the credit crunch hampering bankruptcy exits. Dura, a Rochester Hills-based designer and
Source: www.detnews.com

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