The economy bypasses San Bernardino

Jul 18, 2012
The Southern California city considers bankruptcy, after the departure or collapse of successive industries left it unable to pay for fire, police and other services.
Posted In: San Bernardino, bankruptcy, McDonald's, california

Peregrine Financial shakes futures industry

Jul 11, 2012
The allegations against brokerage firm Peregrine Financial shed light on weak regulations of the futures industry. Analysts point to MF Global missing funds similarities.
Posted In: bankruptcy, Peregrine Financial, regulation

Peregrine Financial bankruptcy spotlights weak regulation

Jul 11, 2012
Brokerage firm Peregrine Financial is liquidating amid allegations that it defrauded customers and lied to federal regulators.
Posted In: Peregrine Financial, MF Global, bankruptcy

Life after bankruptcy for Vallejo, Calif.

Jun 28, 2012
As the city of Stockton, Calif., considers declaring bankruptcy, a nearby town proves that there is life after going bankrupt.
Posted In: vallejo, bankruptcy

Stockton: Largest U.S. city to declare bankruptcy

Jun 27, 2012
Stockton's Vice Mayor Kathy Miller has lived in the California city for 15 years. She talks about what the bankruptcy will mean for residents.
Posted In: stockton, bankruptcy

Mayor of Stockton tries to avoid city bankruptcy

Jun 5, 2012
The city of Stockton, California, population 291,000 is trying to avoid becoming the biggest U.S. city to go bankrupt during this economic downturn.
Posted In: california, bankruptcy, Housing, recession

Letters: Real estate entaglements with family members

Jun 1, 2012
Tess is joined by senior producer Paddy Hirsch and credit expert Liz Weston to talk about credit utilization, bankruptcy amongst seniors, and the down side of buying real estate for your kids.
Posted In: liz weston, bankruptcy, family finances, real estate, kids and investing, letters, credit scoreCh

Law firm Dewey & LeBoeuf files for bankruptcy

May 29, 2012
Dewey & LeBoeuf, one of the largest law firms in the country, filed for bankruptcy last night after months of financial turmoil and partner defections.
Posted In: bankruptcy, Law, recession

History and pedigree do not guarantee survival for Dewey

May 29, 2012
Dewey & LeBoeuf filed for bankruptcy protection last night. In the last half century, large corporate law firms have enjoyed an enormously lucrative run. Although in the last four to five years revenue has flattened out.
Posted In: bankruptcy, Law, recession

Stockton on the brink

May 18, 2012
The city of Stockton, Calif. has been hit hard by the financial crisis. With the city on the verge of bankruptcy, residents share what it's like when your town is teetering on the brink.
Posted In: stockton, california, bankruptcy, financial crisis, foreclosure