News Topic: White-Collar Crime

Reuters The union whose nationwide strike sparked Hostess Brands Inc.’s decision to liquidate in bankruptcy said its workers are “inextricably linked” to the future of snacks such as Twinkies and Ho Hos and hi ... Read full article

Bloomberg News Bart Chilton in September 2009 It seems like everyone had something to say Tuesday morning about the news that ... Read full article

Getty Images Jon Corzine Published Credit: Getty Images The trustee overseeing ... Read full article

Agence France-Presse/Getty Images Liquidators of the Swiss derivatives unit of Lehman Brothers Holdings Inc. said a recent settlement may double recoveries for the subsidiary’s creditors. ... Read full article

This week on The Broke and the Beautiful, former Westlife singer Shane Filan is recording a solo album, and a new documentary looks at the Madoff scandal through a unique perspective. Also, Tareq Salahi’s family winery is on the market. ... Read full article

A bankruptcy-court judge on Wednesday cleared regional carrier Pinnacle Airlines Corp. to leave Chapter 11 as a unit of Delta Air Lines Inc. , a decision that streamlines Pinnacle’s operations and costs in an increasingly consolidating airline industry. ... Read full article

Agence France-Presse/Getty Images A judge on Tuesday approved three measures that will together allow billions of dollars to be returned to customers of Lehman Brothers Holdings Inc.’s collapsed brokerage, and soon. ... Read full article

Energy Future Holdings Corp., the former TXU, talked about a potential bankruptcy Monday that would help erase $32 billion in debt, The Wall Street Journal reports . ... Read full article

European Pressphoto Agency A copy of Reader’s Digest at a store in New York in August 2009. Reader’s Digest Association Inc. ... Read full article

Investment firm Five Mile Capital Partners is accusing a group of well-known luxury resorts of several conflicts of interest on its board of directors, conflicts Five Mile say resulted in its not getting paid back the $50 million it lent before the ... Read full article

Reuters Hostess Brands Inc. won permission to sell off the last of its major cake and bread assets, raising total sale proceeds from the baking company’s liquidation to about $860 million. ... Read full article

Agence France-Presse/Getty Images Lehman Brothers Holdings Inc. ... Read full article

Bloomberg Distribution trucks drive through the yard at the Polmos Bialystok SA vodka distillery, a subsidiary of ... Read full article

Agence France-Presse/Getty Images Lehman Brothers Holdings Inc. ... Read full article

Hedge fund Aurelius Capital Master Ltd. is suing an Energy Future Holdings Corp. unit and some current and former directors over a loan deal tied to the $32 billion leveraged buyout that loaded the Texas power company with debt. Read the Daily Bankruptcy ... Read full article

China Daily/Reuters Suntech Power Holdings Co. ... Read full article

European Pressphoto Agency A file photograph showing financier R. ... Read full article

A bankruptcy judge cleared Ahern Rentals Inc.’s creditors to vote on its restructuring plan as well as a rival plan from its bondholders, paving the way for a showdown over the construction equipment company’s fate.Read the Daily Bankruptcy Review article ... Read full article