History Source | OTC Capital Partners
Thursday, February 9, 2012

Alabama’s Jefferson County OKs bankruptcy filing

Posted by Reuters: Business News on November 9, 2011

BIRMINGHAM, Alabama (Reuters) – Legislators in Alabama’s Jefferson County on Wednesday voted 4 to 1 to file for bankruptcy court protection in what would be the biggest municipal bankruptcy in U.S. history.



Source >>>

Lehman to seek creditor vote on $65 billion payout

Posted by Reuters: Business News on August 30, 2011

NEW YORK (Reuters) – Lehman Brothers Holdings Inc will ask a bankruptcy judge on Tuesday to let creditors vote on its $65 billion payout plan, a key step toward ending the biggest bankruptcy in U.S. history.



Source >>>

Blackstone latest buyout fund now $16 billion: source

Posted by Reuters: Business News on July 6, 2011

NEW YORK (Reuters) – Blackstone Group latest private equity fund is now sized at $16 billion, according to a source familiar with the matter on Wednesday, making it one of the largest buyout funds raised in history.



Source >>>

Glencore’s bumper IPO paves way for deals

Posted by Reuters: Business News on April 15, 2011

LONDON (Reuters) – Top commodity trader Glencore’s planned $12 billion London listing has long been seen as the first step to merging with Xstrata , in what could be the biggest mining takeover in history.



Source >>>

Wal-Mart gets sympathetic court bias case hearing

Posted by Reuters: Business News on March 30, 2011

WASHINGTON (Reuters) – Wal-Mart got a sympathetic hearing from several Supreme Court justices on Tuesday as the retailer sought to prevent female employees from bringing the largest class-action sex-discrimination lawsuit in history.



Source >>>

Supreme Court questions big Wal-Mart sex-bias suit

Posted by Reuters: Business News on March 29, 2011

WASHINGTON (Reuters) – U.S. Supreme Court justices sharply questioned on Tuesday whether more than a million female employees can join together against Wal-Mart Stores Inc in the largest class-action sex-discrimination lawsuit in history.



Source >>>

BP pledges Gulf of Mexico oil fields to spill fund

Posted by Reuters: Business News on October 1, 2010

LONDON (Reuters) – BP, which faces U.S. opposition to drilling for oil in the Gulf of Mexico, named fields there that it will use to help finance its $20 billion fund for victims of the worst oil spill in U.S. history.



Source >>>

BP set to replace CEO as spill cleanup resumes

Posted by Reuters: Business News on July 27, 2010

LONDON (Reuters) – BP Plc is expected to install an American known for diplomacy as chief executive, replacing Tony Hayward who has come under fire for his gaffe-prone handling of the worst oil spill in U.S. history.



Source >>>

BP set to replace CEO Tony Hayward

Posted by Reuters: Business News on July 26, 2010

LONDON (Reuters) – BP Plc is expected to install an American known for diplomacy as chief executive, replacing Tony Hayward who has come under fire for his gaffe-prone handling of the worst oil spill in U.S. history.



Source >>>

BP set to replace CEO Hayward

Posted by Reuters: Business News on

LONDON (Reuters) – BP Plc is expected to install an American known for diplomacy as chief executive, replacing Tony Hayward who has come under fire for his gaffe-prone handling of the worst oil spill in U.S. history.



Source >>>