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  1. Finish Line for the Automakers

    Bankruptcy court is looking ever more likely for General Motors.

  2. Berkowitz on Opportunity in Bankruptcies

    The Fairholme manager comments on the fund's significant investment in the convertible bonds and bank debt of bankrupt mall operator General Growth Properties.

  3. Better Bankruptcies a Positive for Distressed Debt Investors

    A shorter, more orderly bankruptcy process is good news for distressed debt investors, but it does shift the game a little bit, says Third Avenue's Jeff Gary.

  4. Municipal Bankruptcies Rare, and Should Continue to Be So

    Despite Jefferson County's woes, we don't expect widespread defaults--but trouble spots do remain, says Morningstar muni credit analyst Rachel Barkley.

  1. Morgan Stanley CEO Pay Said to Fall Excluding New Incentive

    Morgan Stanley gave Chairman and Chief Executive Officer James Gorman a compensation package for 2012 that's 30% less than his 2011 award, excluding a new incentive package, a person familiar with the decision said.

  2. Dreyfus CEO Resigns

    Jonathan Baum, the chairman and CEO of Dreyfus, resigned from the firm on Monday, Jan. 21, to pursue other interests, Morningstar reports.

  3. Lenders in Charge

     

  4. Stifel Stalks Faltering Firms for Share in Brokerage Shakeup

    Stifel Financial Corp. Chief Executive Officer Ron Kruszewski paused in mid-sentence and asked an employee for the list, a chart showing in red which of the St. Louis-based firm's rivals have closed or sold out...

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