Jojo Doria – AHN Sports Contributor Los Angeles, CA, United States (AHN Sports) – A day after filing for bankruptcy protection, Los Angeles Dodgers owner Frank McCourt received a favorable ruling Tuesday on hedge fund financing he arranged to cover the team’s expenses and all financial obligations through the year. On Tuesday, a Delaware court, [...]
Posts Tagged ‘Lending’
Hearing on Dodgers’ financing set for mid-July
July 1st, 2011 
davidguide 
Posted in Bad Credit Loans 
Tags: chapter 11 bankruptcy, Court, debtor in possession, Dodgers', frank mccourt, initial victory, League, Lending, los angeles dodgers, major league baseball, Percent, player payroll, Team 
Comments OffEU promises bailout to Greece
June 26th, 2011 davidguide Brussels, Belgium (AHN) – European Union leaders assured the Greek government on Thursday that they are committed to help Athens get the second round of its bailout, while maintaining the bloc’s financial stability. European Commission President Jose Manuel Barroso gave the commitment on the first day of the EU summit in Brussels. However, the promise [...]
Posted in Uncategorized Tags: austerity measures, bailout package, Barroso, Commitment, european commission president, european commission president jose manuel barroso, european union leaders, george papandreou, Jose, jose manuel barroso, Lending, stability, Union Comments OffEuropean finance ministers delay second Greek bailout to July
June 21st, 2011 davidguide Vittorio Hernandez – AHN News Luxembourg City, Luxembourg (AHN) – European finance ministers delayed on Monday the release of the second tranche of Greece’s bailout until July. After seven hours of discussion, the ministers set as a condition for the release the approval by the Greek Parliament of spending cuts and financial reforms, including a [...]
Posted in Uncategorized Tags: european finance ministers, Eurozone, financial assistance program, george papandreou, greek parliament, Hernandez, imf aid, imf approval, Lending, Mayor, Parliament, privatization program, Venizelos Comments OffBangladesh unveils budget high on defense, low on farm spending
June 11th, 2011 davidguide Saleem Samad – AHN News Correspondent Dhaka, Bangladesh (AHN) – Bangladesh, the world’s poorest Muslim majority country, unveiled a $22 billion deficit budget high on defense expenditures and low in farm spending. The government projects revenue income at $16.01 billion in the coming fiscal year, up from nearly $13 billion. The budget was placed in [...]
Posted in Uncategorized Tags: budget, budget document, Defense, defense expenditures, deficit budget, Finance, growth target, income inequality, Lending, muslim majority, Percent, social inequality, think-tank Comments OffNotifications sent to farmers in Pigford II discrimination settlement
June 8th, 2011 davidguide Kris Alingod – AHN News Contributor Washington, DC, United States (AHN) – Beneficiaries of a $1.25 billion settlement of a discrimination case between the government and black farmers have begun receiving notifications, bringing a decades-old class action lawsuit a step closer to conclusion. The Agriculture Department settled the historic case, known as Pigford II, in [...]
Posted in Lending News Tags: Agriculture, Alingod, Bill, census, congressional research service, discrimination, discrimination settlement, farm loan programs, Lending, michelle bachman, Timothy Pigford, Tom Vilsack, usda census Comments OffObama to visit Toledo to highlight resurgence of American auto industry
June 5th, 2011 davidguide Tejinder Singh – AHN News Correspondent Washington, D.C., United States (AHN) – President Barack Obama on Friday heads to Toledo to tour Chrysler’s Assembly Complex there to extract maximum political mileage from the fact that just over a week after Chrysler Group LLC paid off its federal bailout loan of $7.6 billion. Paving the way [...]
Posted in Lending News Tags: american auto industry, bailout loan, chrysler group, Decision, gm ford, half, industrial heartland, Lending, political mileage, principle, stake, U.S. Treasury, White Comments OffJudge voids Wisconsin law repealing collective bargaining
May 26th, 2011 davidguide Windsor Genova – AHN News News Writer Madison, WI, United States (AHN) – A Dane County judge on Thursday suspended the implementation of a law repealing collective bargaining for public employees in Wisconsin on grounds that Republican lawmakers passed it illegally. Circuit Judge Maryann Sumi ruled that GOP senators violated the state’s open meetings law [...]
Posted in Lending News Tags: Act, assembly, county district attorney, dane county district attorney, Democrat, gop senators, Law, Lending, open meetings law, republican lawmakers, senate majority leader, senate staff, state Comments OffGreece prepares large cuts in public sector wages to meet bailout terms
May 23rd, 2011 davidguide Vittorio Hernandez – AHN News Athens, Greece (AHN) – The Greek government is preparing tougher belt-tightening measures as it attempts to meet the terms of the country’s $110 billion (EUR 78 billion) bailout. Prime Minister George Papandreou rejected debt restructuring ahead of a Monday cabinet meeting to tackle austerity measures, which includes tax hikes and [...]
Posted in Lending News Tags: Athens, austerity measures, cabinet, debt, debt spiral, electricity utilities, george papandreou, government assets, Hernandez, international monetary fund, Lending, privatization program, sector Comments OffChina imposes export quotas on rare earths needed for manufacturing high tech items
May 20th, 2011 davidguide Linda Young – AHN News Writer Beijing, China (AHN) – Tight new controls on rare earth minerals were announced by China’s State Council on Thursday, which issued a national guideline for the industry. World-wide high demand for rare earth minerals, which are essential in high tech manufacturing of electronics, has caused rapid development of mining [...]
Posted in Lending News Tags: beijing china, Council, export, export quota, export quotas, hybrid car batteries, iron alloys, Lending, Manufacturing, Percent, rare earth minerals, rare earths, Tight Comments OffUnemployment claims decrease to 409,000
May 19th, 2011 davidguide Linda Young – AHN News Writer Washington, D.C., United States (AHN) – Initial jobless claims declined by 29,000 to 409,000 for the week ending May 14 compared to the previous week’s tally of 438,000 claims. That is still above the 400,000 mark. Analysts say first time unemployment compensation insurcance claims must drop below 400,000 and [...]
Posted in Lending News Tags: claiming benefits, economy, initial jobless claims, Lending, linda young, mark, Moving, news writer, Unemployment, unemployment compensation, week ending april, writer washington, Young Comments Off