Posts Tagged ‘process’

Ally mortgage unit files bankruptcy

Diane Alter – Fourth Estate Cooperative Reporter Midvale, Utah, United States (4E) – Ally Financial ResCap mortgage on Monday filed for prepackaged bankruptcy protection. The bank, owned by taxpayers, said the filing will allow the bank to take another step to repay the U.S. treasury. Ally’s ResCap unit operates under the GMAC Mortgage brand. At […]

Emanuel wants to streamline zoning, permits

Mayor tackles U. of C. permits in bid to streamline process for everyone The first actions of any new executive are heavy with symbolism. So what did Mayor Rahm Emanuel do during his first weekend in office? He went to City Hall on Saturday and met with top officials from the University of Chicago to […]

Mining charter set for more changes

Parliament has started holding public hearings on the review of the mining charter in a process which may lead to added provisions, says committee chair Fred Gona. View full post on Finance Stories

Goldman ramps up oversight process

Goldman Sachs has moved to address criticisms it put the bank’s interests ahead of its clients, introducing a 39-step ‘self-improvement’ plan that adds layers of oversight while leaving its top management team intact View full post on UK Business Stories

Israeli, Palestinian Ministers Trade Blame For Stalled Peace Process

The Media Line Staff Jerusalem, Israel David Rosenberg – Israel Industry, Trade and Labor Minister Binyamin Ben-Eliezer and his Palestinian counterpart, Economic Minister Dr. Hassan Abu-Libdeh, sought to tackle a host of economic issues in a private meeting in Jerusalem on Wednesday, but the two agreed that economic cooperation couldn’t substitute for a peace agreement. […]

AIG planning to repay US taxpayer

Bailed-out insurer AIG plans to move ahead with the process of paying back US taxpayer cash. View full post on Business Stories