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Greece's privatization programme has been problem-plagued from the day bankrupt Athens became the ward of the EU, European Central Bank and International Monetary Fund in May 2010.
LAST year, when he was still the head of the independent Congressional Budget Office, Peter Orszag used to warn bleakly that the rising costs of health care would, if not subjected to radical reform, one day bankrupt the government.
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REUTERS New Wrinkle in Micron-Elpida Deal | Reuters reports: "U.S. bondholders who have been battling Elpida Memory Inc's planned sale to Micron Technology Inc revealed on Monday the bankrupt Japanese chipmaker had carried out 'unauthorized' dealings involving its U.S. assets".
Mycal's $14.5 billion debt had been mildly classified "to watch" until the day it went bankrupt.
Neoliberal unrestrained capitalism has had its day, it is bankrupt and people are fed up having to pay for it.
Since the day I went bankrupt I have spoken twice on the phone to the woman appointed to review my case.
Prosecutors said they had opened an investigation into whether the bank's executives acted criminally in allowing KfW to transfer €319m (£251m) to US investment bank Lehman Brothers on the day it went bankrupt.
If it were possible to hang a sign around a 72-satellite network and its assorted ground support stations, Friday would be the day the formerly bankrupt Iridium satellite system would be sporting the message "Reopened for business under new ownership".
So in the sweltering heat on Saturday, Portsmouth (a bankrupt club that was relegated from the Premier League) used a makeshift lineup and D.C. United's white away uniforms (the home team wore black) in a 4-0 loss that included five yellow cards and three ejections.
Lehman Brothers went bankrupt Monday.
Comcast and Time Warner are expected to make a joint offer by Monday to buy bankrupt cable operator Adelphia Communications, according to published reports.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com