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TUESDAY, NOVEMBER 24, 2009
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NEWS ABOUT: bankruptcy court

bankruptcy court stories: 2 news summaries

Fed May Have Outmuscled Other Lehman Creditors 

Government creditors got their cash back; private investors still struggling

(Newser) - A special court examiner investigating the Lehman Brothers bankruptcy is trying to determine whether the Fed used its clout to get its money back from the collapsed bank ahead of other creditors. The central bank and its New York branch lent Lehman $46 billion before the bankruptcy but was promptly... More »

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Ben Bernanke Federal Reserve bankruptcy Lehman Brothers loan Timothy Geithner creditor bankruptcy court

 With Coyotes' Future Murky, 
 Gretzky Quits as Coach 

'Great One' not so much behind the bench, leaves with losing record in Phoenix

(Newser) - With the team’s future murky, Wayne Gretzky quit today as coach of the Phoenix Coyotes, marking the end of a tenure for the “Great One” that was anything but. Since Gretzky, 48, came aboard in 2005, the Coyotes are 143-161-24. He’s a part-owner of the financially troubled... More »

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NHL Jim Balsillie resignation Wayne Gretzky Phoenix Coyotes bankruptcy court Don Maloney

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