washington

Creditors Seek to Force D.C. Hospital Into Bankruptcy

04/23/14

A group of businesses owed more than $2.5 million by Washington, D.C.’s Specialty Hospital is seeking to push the troubled health-care facility into bankruptcy.

Creditors of Specialty Hospital of Washington LLC, which runs the city’s only long-term acute-care hospitals, Wednesday filed an involuntary bankruptcy petition against the facility in U.S. Bankruptcy Court in Wilmington, Del.

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European Sovereign Debt Crisis Is a Wake-up Call for U.S.

06/04/12

Now is the time for fiscal discipline to maintain credibility in international financial markets. As Europe has shown, by the time a country reaches the crisis situation, fiscal austerity might be the best of many unappealing alternatives.

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