Wall Street Journal: Corinthian Colleges Closes Remaining Campuses – For-profit college operator ending operations, affecting 16,000 students
Reuters: UBS chairman says Greek default increasingly seen by IMF as controllable
Bloomberg: Louisiana State Cancels Muni-Bond Deal After Talk of Insolvency
FactSet Insight: For Q1, More than Half of S&P 500 Companies Have Reported Sales Below Estimates to Date
The Bond Buyer: PREPA Calls Bondholders’ Plan Overly Optimistic
Debtwire/Forbes: Family Christian Seeks New Path After Failed Attempt at Redemption
Bloomberg: How Two Debt Investors Scored Big in Fortescue’s Junk-Bond Deal
Dayton Business Journal: Standard Register to leave big hole in Dayton community if it leaves
Fashionista: Do Department Stores Have a Future?
TakePart: McDonald’s Closes Hundreds of Stores as Worldwide Sales Continue to Plummet
Bloomberg: Salus Capital CEO Said to Leave Firm Following RadioShack Losses
Debtwire: City of Branson’s Riverside Development to Draw on Reserve Fund
Bloomberg: It Already Looks Like This Quarter Will Be an Economic Disappointment
Commercial Bankruptcy Alternatives: 90 Second Lesson – Is Bankruptcy Needed if Creditors Will Just Agree to Take Less?
AlixPartners: Creatively Overcoming Disruption