Horse-track owner Magna Entertainment Corp. filed a reorganization plan in Delaware bankruptcy court on Thursday after reaching a settlement with unsecured creditors who accused its parent company of sham financial… Link: Magna Entertainment files reorganization plan (Channel 8 San Diego)

DOVER, Del. – Horse-track owner Magna Entertainment Corp. has filed a reorganization plan in Delaware bankruptcy court after reaching a settlement with unsecured creditors. Read the original here: Magna Entertainment files reorganization plan based on creditors dropping lawsuit (Minneapolis-St. Paul Star Tribune)

Horse-track owner Magna Entertainment Corp. filed a reorganization plan in Delaware bankruptcy court on Thursday after reaching a settlement with unsecured creditors who accused its parent company of sham financial transactions. According to a filing by MEC… Magna Entertainment – Delaware – United States bankruptcy court – Law – United States Originally posted here: Magna...

WASHINGTON: The Federal Reserve decided Thursday to boost the rate banks pay for emergency loans. The action is part of a broader move to pull back the extraordinary aid it provided to fight the worst… Here is the original post: US Fed ups rate banks pay for emergency loans (MalaysiaNews.net)

WASHINGTON — The Federal Reserve is boosting the rate banks pay for emergency loans. The move won’t affect borrowing costs for millions of Americans, but it brings the Fed’s crisis lending program closer to normal. The Fed has agreed to bump up that rate by one-quarter point to 0.75 percent. The increase takes effect Friday. Read the original: Fed bumps up rate banks pay for emergency...

The Fed is boosting the rate banks pay for emergency loans. The move won’t affect borrowing costs for millions, but it brings the Fed’s crisis lending program closer to normal. Here is the original post: Fed raises rate banks pay for emergency loans (MSNBC)