News Topic: White-Collar Crime

A bankruptcy judge Monday officially signed off on Tribune Co .’s Chapter 11 plan, endorsing final documents setting out the debt-for-equity swap that will make the media company property of hedge funds and banks. Read the Daily Bankruptcy Review article ... Read full article

Reuters J.P. Morgan Chase & Co. said senior management of Lehman Brothers Holdings Inc. ... Read full article

Can you believe it’s been a year since The Broke and the Beautiful first graced the blogosphere? On this week’s edition, former baseball star turned financial guru Lenny Dykstra pleads guilty to bankruptcy fraud. Also, Young Buck (who coincidentally ... Read full article

Getty Images U.S. Airways Chief Executive Doug Parker speaks about a merger with AMR Corp. ... Read full article

Nicholas Roberts/AFP/Getty Images Deutsche Bank AG has agreed to settle a long-running lawsuit with Lehman Brothers Holdings Inc. ... Read full article

An appellate panel has agreed to hear pleas from Wall Street banks who want power restored to John Young, the sewer expert who took over Jefferson County, Ala.’s, system when its leaders got tangled in a corruption scandal but who was ousted earlier this ... Read full article

Associated Press In this March 18, 2010 file photo, gallery owner Lawrence Salander, center, leaves New York Supreme Court with his son Jonah, right, and his attorney Charles ... Read full article

Tribune Co. won court approval of its Chapter 11 plan after a long and contentious bankruptcy proceeding, clearing the way to action before the Federal Communications Commission that will be anything but easy for the publishing and broadcasting operation. ... Read full article

Peregrine Financial Group Inc. filed for Chapter 7 bankruptcy late Tuesday, a day after regulators alleged the brokerage misstated more than $200 million in customer accounts. Read the Daily Bankruptcy Review article here . ... Read full article

The former leaders of failed IndyMac Bancorp, including ex-Chief Executive Michael Perry, have agreed to settle a class-action securities lawsuit stemming from the bank-holding company’s collapse four years ago. Read the Daily Bankruptcy Review article ... Read full article

This week on The Broke and the Beautiful, the trustee for Scott Rothstein’s law firm makes a slam dunk with a Miami Heat settlement, and college football coach John L. Smith may enter bankruptcy. Also, Thomas Kinkade’s wills won’t be in the dark. ... Read full article

Bloomberg News Electrical components stand outside the natural gas fired 1200-megawatt Kendall Energy power plant, owned by Dynegy Inc., in Minooka, Ill. D ... Read full article

Mammoth Lakes, Calif., on Tuesday filed for Chapter 9, or municipal bankruptcy, less than a week after nearby Stockton, Calif., sought the same protection. Read the Daily Bankruptcy Review article here . ... Read full article

Lehman Brothers Holdings Inc. said Friday it has sold its Aurora Bank FSB subsidiary, a move that should help funnel some $1.5 billion into the pockets of Lehman’s creditors. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

This week on The Broke and the Beautiful, Nadya “Octomom” Suleman said she still believes in homeownership, and Lenny Dykstra pleaded guilty to bankruptcy fraud. Also, Curt Schilling’s videogame company is under investigation. ... Read full article

The city of Stockton, Calif., filed for Chapter 9 protection, The Wall Street Journal reports . MF Global is proving to be catnip for distressed-debt buyers, according to a new report showing that more than $246 million of the failed brokerage’s debt ... Read full article

A shrinking cash position and mounting liabilities indicate that holders of Patriot Coal Corp.’s convertible bonds would be hard pressed to recover much of their investment in case of a restructuring, credit market watchers say. Read the Daily Bankruptcy ... Read full article

Associated Press Stockton Mayor Ann Johnston speaks with a city worker prior to a meeting of the City Council Tuesday, June 26, 2012, in Stockton, Calif. T ... Read full article