Yesterday afternoon, the House Judiciary Committee held Part II of its series of hearings entitled “Too Big to Fail – the Role for Bankruptcy and Antitrust Law in Financial Regulation Reform.” Yesterday’s hearing focused on proposed financia
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USA, Banking, Competition & Antitrust, Insolvency & Restructuring, Alston & Bird LLP, Bankruptcy, Shareholder, Credit (finance), Financial regulation, Bailout, Promulgation, Empowerment, Federal Deposit Insurance Act 1950 (USA), American International Group, US House Committee on the Judiciary, Bear Stearns
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On Thursday, General Motors Corporation (GM) filed its Annual Report on Form 10-K with the Securities and Exchange Commission which notably included an opinion of its auditors on its financial statements in which the auditors stated that GM’s “recurring losses from operations, stockholders’ deficit, and inabili
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