From MarketWatch.com:
The New York Times reported Wednesday that the Irvine, Calif., company’s trying to find financing that would allow it to reorganize under Chapter 11 status or sell itself through a prepackaged bankruptcy filing.New Century’s most valuable asset, the Times said, is the software platform it uses to make loans.
Last 3 posts by Morgan
- Subprime Bananas - June 28th, 2009
- Roubini: No confidence in government exit strategy - June 24th, 2009
- Goldman bonuses largest in firm's 140-year history - June 21st, 2009
Related posts:
















