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Jul 10th

Published July 10, 2009, 3:42 am, Namibia Economist

I thank my lucky stars everyday that I am not a resident of the United States. Were I living there for the past couple of years, I would have suffered a deluge of offers, all claiming to make my life easier than what it should be.

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New GM cuts loose

Published July 10, 2009, 3:42 am, Macomb Daily

General Motors Corp. is entering a new phase of its fight for existence as the new GM officially emerges from bankruptcy.

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Reborn GM to emerge today

Published July 10, 2009, 3:22 am, Detroit News

General Motors Corp. CEO Fritz Henderson and other company officials are holding a 9 a.m. press conference today to discuss the company's expected emergence from bankruptcy.

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Vail Valley Voices: Eagle County seeks your input into budgeting process

Published July 10, 2009, 3:16 am, The Vail Trail

Budget season is upon us and Eagle County has begun the process of looking ahead to 2010 and beyond.

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Indy woman sits in prison while her life of luxury sold to pay IRS

Published July 10, 2009, 3:16 am, The Star Press

Susan B. Ellis had all the accessories of a life of luxury: furs, diamonds, expensive cars, a ski boat, a house on Geist Reservoir and enough designer bags and shoes -- Gucci, Prada, Jimmy Choo -- to stock a high-end boutique.

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RFTA stalls its budget decisions

Published July 10, 2009, 3:12 am, Aspen Daily News

The RFTA board again decided not to raise fares or cut service levels after taking another close look at regional sales tax and fare box revenue at its monthly meeting Thursday. read more

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Crowne Plaza in receivership

Published July 10, 2009, 3:09 am, The Buffalo News

NIAGARA FALLS -- The Crowne Plaza Hotel on Third Street, which the state invested $6 million in three years ago, is under the control of a court-appointed receiver after it slipped behind in property tax payments and other debts.

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LA official: Promoter should pay Jackson memorial

Published July 10, 2009, 3:06 am, Las Cruces Sun-News

LOS ANGELES—A city council member has called on AEG Live to pay some of the estimated $1.4 million cost for policing Michael Jackson's memorial service at the Staples Center.

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Moody's: EMEA structured finance sector outlooks remain largely negative

Published July 10, 2009, 3:05 am, Zawya

London, 10 July 2009 -- Report covers RMBS, CMBS and ABS only.

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FDIC Said to Withhold CIT Debt Guarantees Due to Credit Risk

Published July 10, 2009, 2:56 am, Bloomberg

July 10 (Bloomberg) -- The Federal Deposit Insurance Corp. is unwilling to guarantee CIT Group Inc. ’s bond sales because the commercial lender’s credit quality is worsening, according to people familiar with the regulator’s thinking.

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