Bankruptcy Knoxville

Another article discussing the Charter bankruptcy reorganization. Originally discussed in this post. “There will be several changes. First, Charter’s debt will drop by about $8 billion; it still will have $13 billion to pay off. Microsoft Corp. co-founder Paul Allen’s majority holdings in the company will fall to a 2 percent stake, although he will [...]

Continue Reading

In a previous post about companies that are “too big to fail” we talked about what the government should do with very large companies that affect huge portions of the economy. Well a new law Congress is considering would make it less likely for government to take over a company or bail it out, which [...]

Continue Reading