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Selected reports, refer to...
  1. U.S. Congress takes first step on automaker bailout - International Herald Tribune
    www.iht.com
    Senate Democrats took the first step towards bailing out the nation's crippled auto industry on Monday by proposing a $25 billion (16.7 billion pound) loan program, a plan that faces stiff political headwinds with millions of jobs potentially riding ...
  2. McAllister Ranch set for emergency hearing on upkeep (The Bakersfield Californian)
    www.bakersfield.com
    McAllister Ranch's bankruptcy trustee has cast a critical eye on the relationship between Lehman Brothers Inc. and SunCal Co., court filings show -- especially the $144 million cash "dividend" the companies received from a development loan that later defaulted. The trustee has requested an emergency order to force the Lehman affiliate in charge of $18 million left in a development fund to pay ...





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