The Dow Jones Industrial Average recovered half a percent in morning trading, despite ongoing market jitters that Italy's indecisive election results may herald a new chapter in the eurozone's financial crisis.
Like other recent large airline mergers that have helped U.S. carriers compete more effectively in global markets, the American-US Airways combination was, in several important respects, made possible by Chapter 11 and the legal and financial tools it offers to companies in need.
FORBES: Big Deal: Reflections on the American and US Airways Megamerger
Here Mr. Collinge does a real service with a chapter on what students need to consider when they make financial arrangements for school.
The humbling moves, which reshape the landscape of American finance, mark the latest chapter in a tumultuous year in which once-proud financial institutions have been brought to their knees as a result of hundreds of billions of dollars in losses because of bad mortgage finance and real estate investments.
The 124-year-old manufacturer of film and cameras filed for Chapter 11 bankruptcy protection in 2012, following many consecutive years of negative financial returns.
The excerpt from the second chapter on Romance and Marriage published below will discuss strategies to evaluate your financial compatibility long before you get to the engagement phase of your relationship.
FORBES: Make The Best Financial Match: The Seven Pearls of Financial Wisdom
Introducing a Chapter 11-style system in France should shift the economic burden of failed firms to the financial markets.
After agreements are made, a new chapter begins, in which new management styles need to be implemented, corporate cultures change, financial operations could be overhauled, new technologies must be put in place, and novel corporate policies will be forced upon the acquired organization.
FORBES: To Buy Or Not to Buy: Strategies That Make Sense For Apple
In a poll he did for financial services firm SunAmerica this year, 54% of people over 55 said they viewed retirement as a new chapter rather than a time to wind down.
Chapter 11 has already played a critical role in helping the U.S. economy recover from the financial crisis, and it will continue to be an important driver of U.S. competitiveness in the future.
FORBES: Big Deal: Reflections on the American and US Airways Megamerger
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