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The United States is entering a much needed economic recovery. The worst of the recession is over. (Keep an eye out for articles this week detailing why that assertion is correct.) Unfortunately, the economic mood deteriorated last week as investors began to question whether the …

After Chrysler’s decision to file chapter 11 bankruptcy and GM likely to follow would you personally buy a car from either of these companies?
Personally, I wouldn’t buy a car from GM simply because they have yet to gain my trust from their poor craftsmanship in …

Facing a deteriorating global economy Capmark Financial Group, commercial real estate lender and investor, posted a $1.1 billion fourth quarter loss (as opposed to the fourth quarter loss of $11.2 million in 2007). If due dates for loans are not extended, the company may have …

Without finding a buyer, Colorado based New Frontier bank closed. This is the second bank in Colorado to close just this year.
The FDIC was appointed as a receiver of the bank and tried to find a buyer for it. When it was unable, a separate …

Spectrum Brands makes Rayovac batteries, Remington grooming tools, and insect repellents under the name Hot Shot, Cutter, and Repel.
The company filed for Chapter 11 bankruptcy protection in February and is now lowering its net income predictions for 2009 by 23%. It expects to earn $30 …