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Alabama County Prepares For A Possible Bankruptcy Filing New York Times - officials of jefferson county in alabama told their lawyers to prepare a bankruptcy filing if the county was unable to reach an agreement with creditors over how to escape from 3 billion of bonds with soaring interest rates
Mbia To Aid Troubled Bond Insurer New York Times - mbia agreed to take control of nearly 200 billion of municipal bonds currently backed by a rival bond insurer in a move that could help its competitor avoid bankruptcy
Ala S Jefferson County Moves Closer To Bankruptcy Nbc 15 Mobile - jefferson county officials have taken a step toward bankruptcy by authorizing gov bob riley and bankruptcy lawyers to take over negotiations with creditors to restructure the county s 3 2 billion sewer
Alabama County Prepares For Bankruptcy In Debt Crisis Update3 Bloomberg Com - aug 26 bloomberg jefferson county alabama officials told their lawyers to prepare a bankruptcy filing if the county can t reach an agreement with creditors over how to escape from 3 billion of bonds with soaring interest rates
Thornburg Mortgage Teeters On The Edge New York Times - thornburg mortgage a specialist in jumbo home loans said its survival remained in doubt following additional margin calls but it is on track to complete a restructuring and avoid collapse

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