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- Chesapeake gets time to restructure (Richmond Times-Dispatch)
Richmond-based packaging company Chesapeake Corp. has received more time from its creditors to get its finances in order. The company said yesterday that it reached a forbearance agreement with its lenders under its $250 million senior secured-credit facility. An agreement enables a company to postpone loan payments while it works on a restructuring plan.
- Despite crisis, Merrill Lynch still lobbying - USA Today
Despite crisis, Merrill Lynch still lobbying USA Today - Nov 7, 2008 Merrill Lynch hired the firm April 1 and paid it $160000 through September to lobby Congress on a "blueprint for regulatory and mortgage reform," the firm's ...
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Stocks staged their steepest weekly surge in 34 years after the Federal Reserve's interest rate cut and signs that the credit crisis was ebbing helped boost equities, which are trading at the lowest valuations in two decades.
- Consider the source when buying gift cards - Evening Star
Gift cards are a popular holiday purchase, but buyers and recipients should remember the cards are only as good as the issuer. Federal law does not require retailers and other gift-card issuers to honor the cards in the event of bankruptcy because ...
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