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December 16, 2007

Concern over franchise playing right into NYRA's hands

Concern over franchise playing right into NYRA's hands
Times Union - Many of the members of the current board have helped guide NYRA into hundreds of millions of dollars in debt, and into bankruptcy and scandal. Requiring a clean slate for enhanced oversight in a franchise agreement is more than reasonable. Oddly
Source: timesunion.com

Privacy laws need better controls, technology, panelists say
San Francisco Gate - Are there ways to say affirmatively, 'We will not look at your bankruptcy of eight or 10 years ago and use it to make a decision?' " The five panelists - Mulligan, who directs the law school's technology and public policy clinic; three corporate
Source: www.sfgate.com

DON'T EXPECT A HIGH-SPIRITED WELCOME FOR EAGLE SPINOFF
Fort Worth Star-Telegram - And Eagle employees didn't make deep concessions in 2003, when AMR barely avoided bankruptcy, because pay scales were in line with other regionals. Investors initially bid up AMR's stock price on the Eagle announcement, but it has fallen back and lost
Source: www.star-telegram.com

Rich draws two primary opponents
St. Augustine Record - Some are close to bankruptcy. "St. Johns County is so far behind on infrastructure that it should work with the state to get roads built that will draw industry here," he said, pointing out the oft-repeated statistic that there's 89 percent
Source: staugustine.com

Non-ferrous Metallurgy
Kommersant - On July 29, AO Norilskgazprom demanded the bankruptcy of the Nizhny Tagil Metallurgical Combine (NGMK) in court; NGMK owed the gas company almost 3 trillion rubles. Norilskgazprom also tried to change the terms of the sale tender for NGMK's shares. On
Source: www.kommersant.com

Halabi limbers up for Esporta buyback
Daily Telegraph - Halabi bought Esporta for 460m last year, but borrowed so heavily to fund the acquisition that the gym chain was pushed into bankruptcy by the onerous interest payments it was required to make on its debt. Once isolated from those payments, Esporta
Source: www.telegraph.co.uk

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