BANKRUPCY

  • Cyprus details heavy losses for major bank customers March 31, 2013

    Nicosia: Major depositors in Cyprus's biggest bank will lose around 60 per cent of savings over 100,000 euros, its central bank confirmed on Saturday, sharpening the terms of a bailout that has shaken European banks but saved the island from bankruptcy. Initial signs that big depositors in Bank of Cyprus would...
  • Bankruptcy to Billions, how Lalu milked the jersey cow February 19, 2009

    How did the man who bankrupted Bihar turn around railway finances to deliver a cash surplus of Rs 25,000 cr in 2008 from bankruptcy under Mamata Bannerjee in 2001? Lalu Prasads rustic wisdom and native intelligence is celebrated in the book, Bankruptcy to Billions by Sudhir Kumar, his IASqualified...