Bankruptcy

Barack Obama by JT2016

Guess What? That Whole “Limit on Executive Pay” Thingy in Bailout is Bunk

Executive Pay Limits May Prove Toothless Loophole in Bailout Provision Leaves Enforcement in Doubt By Amit R. Paley Washington Post Staff Writer Monday, December 15, 2008; A01 Congress wanted to guarantee that the $700 billion financial bailout would limit the eye-popping pay of Wall Street executives, so lawmakers included a mechanism for reviewing executive compensation […]

NFL by JT20162016

Which Sports Teams Could Face Bankruptcy Threat?

DARREN ROVELL Posted By: Darren Rovell | Sports Business Reporter cnbc.com 09 Oct 2008 | 09:51 AM ET In the midst of the greatest economic freefall this country has ever seen, one of the most popular topics among those in the sports finance world is which team, in which league, will file for bankruptcy first […]