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Saturday, December 24, 2005

Bankruptcy Law - Defendant pleads not guilty in Thaxton Group fraud trial


Defendant pleads not guilty in Thaxton Group fraud trial
Columbia State - The man charged with being the architect of Thaxton Group Inc. s disastrous $120 million junk bond sale says the true blame rests with the company s president. That is the shape the defense of James T. Garrett Jr., 51, appears to be taking, after

In Brief
Modesto Bee - ATLANTA The federal mediator overseeing negotiations between UPS Inc. and its pilots union on Friday called for an indefinite recess in contract talks. The recess comes a day after the Independent Pilots Association threatened to ask to be

Delphi Shareholders May Not Get Anything
WANE-TV - (Washington-Dow Jones/AP) Delphi says its shares are worthless. The auto supplier said in a regulatory filing that it's "highly unlikely" that holders of common shares will receive anything in the reorganization. Delphi also says a shareholder

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