Fred Eckert was once a star investor, but by 2011, he was bankrupt, divorced and had spent two months in a coma.

BIRMINGHAM, Ala., May 16 (Reuters) - Alabama's bankruptJefferson County on Thursday hired a new top, in-house attorneyas officials put finishing touches on an exit plan meant to endAmerica's...

BIRMINGHAM, Ala., May 16 (Reuters) - Alabama's bankrupt Jefferson County on Thursday hired a new top, in-house attorney as officials put finishing touches on an exit plan meant to end America's...

BIRMINGHAM, Ala., May 16 (Reuters) - Alabama's bankrupt Jefferson County on Thursday hired a new top, in-house attorney as officials put finishing touches on an exit plan meant to end America's biggest ever municipal bankruptcy.

BIRMINGHAM, Ala., May 16 (Reuters) - Alabama's bankrupt Jefferson County on Thursday hired a new top, in-house attorney as officials put finishing touches on an exit plan meant to end America's biggest ever municipal bankruptcy.

The rise of file sharing sites over the last decade, including Napster, Kazaa, and more recently, torrent sites like The Pirate Bay, have pushed media-hungry Americans into the risky territory of illegal downloads. While the insta

* County says bonds will shift to fixed-rate from variable

* County says bonds will shift to fixed-rate from variable

* County says bonds will shift to fixed-rate from variable

BIRMINGHAM, Ala., May 14 (Reuters) - Alabama's bankrupt Jefferson County has reached a deal with creditors JPMorgan Chase and Bayerische Landesbank covering $105 million of general obligation...

BIRMINGHAM, Ala., May 14 (Reuters) - Alabama's bankruptJefferson County has reached a deal with creditors JPMorganChase and Bayerische Landesbank covering $105 million of generalobligation...

BIRMINGHAM, Ala., May 14 (Reuters) - Alabama's bankrupt Jefferson County has reached a deal with creditors JPMorgan Chase and Bayerische Landesbank covering $105 million of general obligation warrants, county officials said on Monday.

May 14 (Reuters) - Ally Financial Inc on Tuesday agreed toan important deal with creditors of its bankrupt ResidentialCapital LLC subsidiary that will allow the lender finally toseparate itself...

May 14 (Reuters) - Ally Financial Inc on Tuesday agreed to an important deal with creditors of its bankrupt Residential Capital LLC subsidiary that will allow the lender finally to separate itself...

May 14 (Reuters) - Ally Financial Inc on Tuesday agreed to an important deal with creditors of its bankrupt Residential Capital LLC subsidiary that will allow the lender finally to separate itself...

May 14 (Reuters) - Ally Financial Inc on Tuesday agreed to an important deal with creditors of its bankrupt Residential Capital LLC subsidiary that will allow the lender finally to separate itself from its former mortgage business.

Ally Financial Inc. said Tuesday it reached agreement with its bankrupt mortgage subsidiary Residential Capital to settle outstanding claims between the companies and ResCap's creditors.

May 14 (Reuters) - Bankrupt Residential Capital LLC said onTuesday that parent Ally Financial Inc reached a privatesettlement with ResCap creditors, who say Ally owes them $25billion.

May 14 (Reuters) - Bankrupt Residential Capital LLC said on Tuesday that parent Ally Financial Inc reached a private settlement with ResCap creditors, who say Ally owes them $25 billion.

By Mark Kowalski:In the Video Game Development industry, titles matter. Developers without enough successful titles to support their studios are going bankrupt. Major developers with popular titles are dedicating all their resources to these titles t

SAO PAULO, May 13 (Reuters) - Brazilian entrepreneur Carlos Alberto Oliveira Andrade rescinded an offer to buy bankrupt lender Banco BVA after some creditors rejected his proposal, according to a statement from his Grupo Caoa on Monday.

SAO PAULO, May 13 (Reuters) - Brazilian entrepreneur Carlos Alberto Oliveira Andrade rescinded an offer to buy bankrupt lender Banco BVA after some creditors rejected his proposal, according to a...

SAO PAULO, May 13 (Reuters) - Brazilian entrepreneur Carlos Alberto Oliveira Andrade rescinded an offer to buy bankrupt lender Banco BVA after some creditors rejected his proposal, according to a statement from his Grupo Caoa on Monday.

May 13 (Reuters) - A report by a court-appointed independent examiner into dealings between Residential Capital LLC and the bankrupt lender's parent, Ally Financial Inc, has been filed under seal, a...

May 13 (Reuters) - A report by a court-appointed independent examiner into dealings between Residential Capital LLC and the bankrupt lender's parent, Ally Financial Inc, has been filed under seal, a lawyer for the examiner said on Monday.

May 13 (Reuters) - A report by a court-appointed independent examiner into dealings between Residential Capital LLC and the bankrupt lender's parent, Ally Financial Inc, has been filed under seal, a lawyer for the examiner said on Monday.

May 13 (Reuters) - The city of Detroit is projecting to end the current budget year with negative cash flow of around $90 million, and the near-bankrupt city risks running out of cash, according to a...

May 13 (Reuters) - The city of Detroit is projecting to endthe current budget year with negative cash flow of around $90million, and the near-bankrupt city risks running out of cash,according to a...

It should be obvious to anyone reading this blog that Spain is in an economic depression as well as bankrupt. It is equally obviously that eurozone imbalances and a flawed treaty are to blame.Finding mainstream organizations willing to admit Spain is

(Reuters) - Creditors of bankrupt Residential Capital LLC are nearing a deal to settle billions of dollars of claims against the mortgage lender's parent, Ally Financial Inc , a development that prompted a delay in a much-anticipated report on ResCap

Creditors of bankrupt Residential Capital LLC are nearing a deal to settle billions of dollars of claims against the mortgage lender's parent, Ally Financial Inc , a development that prompted a delay in a much-anticipated report on ResCap's failure.

May 10 (Reuters) - Creditors of bankrupt Residential Capital LLC are nearing a deal to settle billions of dollars of claims against the mortgage lender's parent, Ally Financial Inc , a development...

May 10 (Reuters) - Creditors of bankrupt Residential CapitalLLC are nearing a deal to settle billions of dollars of claimsagainst the mortgage lender's parent, Ally Financial Inc, a development...

May 10 (Reuters) - Creditors of bankrupt Residential Capital LLC are nearing a deal to settle billions of dollars of claims against the mortgage lender's parent, Ally Financial Inc , a development that prompted a delay in a much-anticipated report on

May 10 (Reuters) - Creditors of bankrupt Residential Capital LLC are nearing a deal to settle billions of dollars of claims against the mortgage lender's parent, Ally Financial Inc , a development that prompted a delay in a much-anticipated report on

WILMINGTON, Del., May 10 (Reuters) - An independent examiner's report into the relationship between bankrupt Residential Capital LLC and its parent Ally Financial Inc has been postponed to May 13 at...

May 10 (Reuters) - A report on Friday could emboldencreditors of bankrupt mortgage lender Residential Capital LLC topursue billions of dollars of cash that its parent, AllyFinancial Inc, had...

May 10 (Reuters) - A report on Friday could embolden creditors of bankrupt mortgage lender Residential Capital LLC to pursue billions of dollars of cash that its parent, Ally Financial Inc, had planned to use to repay a U.S. government bailout.

May 10 (Reuters) - A report on Friday could embolden creditors of bankrupt mortgage lender Residential Capital LLC to pursue billions of dollars of cash that its parent, Ally Financial Inc, had...

* County says consensual plan better but can do 'cram down'

* County says consensual plan better but can do 'cram down'

* County says consensual plan better but can do 'cram down'

* County says consensual plan better but can do 'cram down'

(Corrects quote in paragraph 14 to reflect differences remain with mono line insurers but in talks)

* County says consensual plan better but can do 'cram down'

BIRMINGHAM, Ala., May 9 (Reuters) - Alabama's JeffersonCounty is close to an agreement with some creditors and expectsto file a plan by late June to exit its$4.2 billion municipalbankruptcy,a...

BIRMINGHAM, Ala., May 9 (Reuters) - Alabama's Jefferson County is close to an agreement with some creditors and expects to file a plan by late June to exit its $4.2 billion municipal bankruptcy, a...

BIRMINGHAM, Ala. May 9 (Reuters) - Alabama's Jefferson County expects to file a "largely consensual" plan by late June to exit its record $4.2 billion municipal bankruptcy, a lawyer for the county...

BIRMINGHAM, Ala. May 9 (Reuters) - Alabama's Jefferson County expects to file a "largely consensual" plan by late June to exit its record $4.2 billion municipal bankruptcy, a lawyer for the county said on Thursday.