Posts Tagged ‘11’

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American Airlines Parent AMR Files for Bankruptcy

Nov. 29 (Bloomberg) — American Airlines parent AMR Corp. filed for bankruptcy after failing to secure cost-cutting labor agreements and sitting out a round of mergers that dropped it from the world’s largest airline to No. 3 in the U.S.
With the filing, American became the final large U.S. full-fare airline to seek court protection from creditors. Chairman Gerard Arpey will retire and be replaced by Thomas Horton, AMR said. Shannon Pettypiece reports on Bloomberg Television’s "InsideTrack." (Source: Bloomberg)

Duration : 0:2:16

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Chapter 13 Bankruptcy

Ron and Zach discuss the process of a chapter 13 bankruptcy, as well as the pros and cons.

Duration : 0:10:50

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Introduction – Financial Aid with Professor Birdthistle

Introduction to the Series

See also:
Lesson 1: What is a Company?
Lesson 2: What is a Bank?
Lesson 3: What is Debt?
Lesson 4: What is Equity?
Lesson 5: What is a Stock Exchange?
Lesson 6: What is a Fund?
Lesson 7: What is Retirement?
Lesson 8: What is Financial Information?
Lesson 9: What are Taxes?
Lesson 10: What is an Economy?
Lesson 11: What is Insurance?
Lesson 12: What is Bankruptcy?

Original music by Lee Weisert.

Duration : 0:5:29

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Duration : 0:4:29

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Financial Woes for Friendly’s

The local chain has filed for Chapter 11 bankruptcy protection and has been forced to close dozens of locations on the East Coast.

Duration : 0:0:37

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