Visteon shareholders seek official bankruptcy group
Reuters
That group of hedge funds said in March they owned about 7 percent of the stock in the Van Buren Township, Michigan-based company. Visteon filed an amended …

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2. Chrysler in talks to take back Detroit-area plant – Reuters
3. Chrysler reaches deal to acquire Michigan plant – Reuters

Historical railroad photos wanted for Berrien County book
Niles Daily Star
Others, like the St. Joseph Valley Railway between Berrien Springs and Buchanan, sputtered along on the verge of bankruptcy. The new book will provide a …

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1. Romney blames UAW, feds in book – The Detroit News
2. Patterson’s 2010 State of the County Address – The Detroit News
3. McLean County to pay $140K more to maintain law enforecement software – Bloomington Pantagraph

Daily Mail

A Glare on Goldman, From US and Beyond
New York Times (blog)
Anger over Goldman's dealings also surfaced Sunday in Britain, where Prime Minister Gordon Brown accused the firm of “moral bankruptcy. …
Goldman "Sacks" roils markets, earns UK, German criticismThe Daily Maverick
Goldman fraud shock sets up markets for a tumbleBusiness Day
U.S. Stocks Drop as SEC Sues Goldman Sachs for Fraud on CDOsSan Francisco Chronicle

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1. Iconic Checker Cab Company Shuts Down – New York Times (blog)
2. Treasury 10-Year Yields Near 3-Week Low After SEC Sues Goldman – BusinessWeek
3. Los Angeles Times Unloads Foreclosure Web Site – Wall Street Journal (blog)

GM purchasing head is seeking to mend fences
Financial Times
He took charge just as GM was emerging from bankruptcy. John Henke, president of Planning Perspectives, a Michigan-based consultancy, said that as a result …

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3. A Glare on Goldman, From US and Beyond – New York Times (blog)

Treasury 10-Year Yields Near 3-Week Low After SEC Sues Goldman
BusinessWeek
The Reuters/University of Michigan preliminary April consumer sentiment index slid to 69.5 from 73.6 in the previous month. The data followed a report on …

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1. Michigan briefcase: Low-income residents can get free phone and minutes – Detroit Free Press
2. WEEK ON THE WEB: Gretchen Valade is $3 million donor for St. John project – Crain’s Detroit Business
3. Your decision this week: will America still be America? – RenewAmerica

Bets made for more casinos
The Detroit News
Efforts to greatly increase the number of casinos in Michigan are raising concerns that such a move could oversaturate an already crowded gaming market. …
Push on for casino vote signaturesThe Detroit News

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1. Detroit casinos report $111 million in January revenue – Crain’s Detroit Business
2. Statewide news in brief – Detroit Free Press
3. Detroit cuts casino ties, gets Senate OK for bonds – Detroit Free Press

Weyerhaeuser, Georgia Pacific Fight Lyondell Cleanup
BusinessWeek
US Bankruptcy Judge Robert Gerber said today at a hearing in Manhattan that the dispute shouldn't affect Lyondell's reorganization plan. …

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1. Will I Have to Go to Court?
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3. GM bankruptcy leaves gaps in funding for cleanup of toxic sites – Michigan Messenger

MLive.com

Detroit's Bing Targets Deficit With Budget
Bond Buyer
No Michigan city has ever filed under federal bankruptcy laws. To file, a municipality would need to go through a number of threshold events, and it cannot …
Bing To Outline Budget ProposalMichigan Radio
Budget cuts coming: Comparing Detroit's deficit to other financially …MLive.com
Budget to test Bing, cityThe Detroit News
Crain’s Detroit Business -Michigan Radio
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3. Employment Policy Update – Michigan Policy Network

CBC.ca

Whitacre Profit Goal in Reach After $1 Billion Cash Generation
BusinessWeek
GM “should be profitable this year,” with lower costs than before the bankruptcy, said Jim Hall, principal of 2953 Analytics, a Birmingham, Michigan-based …
GM announces $4.3B post-bankruptcy lossLeftLane News (blog)
GM posts $4.3bn loss for H2 2009, says will become profitable in '10 newsdomain-B
GM Completes Fresh Accounting; Posts Loss Of $4.3 Bln Through July 10 To Dec …RTT News
Bangkok Post -Montreal Gazette -San Francisco Chronicle
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1. GM Saving $10.7 Billion Means Cash for Truck Upgrades – BusinessWeek
2. Ford to Sell Volvo to Chinese Automaker for $1.8 Billion, an Industrial Info … – MarketWatch (press release)
3. Chrysler set for 2010 operating profit: Marchionne – AFP

ClearPoint Credit Counseling Solutions (CCCS): Bankruptcy Filers Protect …
Business Wire (press release)
The American Bankruptcy Institute reports that as of February 2009, personal bankruptcy filings reached 111693, a 14% increase from only a year ago, …

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