Oct
5
2010
The California Supreme Court handed Gov. Arnold Schwarzenegger a victory Monday, upholding his decision to order more than 200,000 state employees to take unpaid days off to help deal with an enormous budget deficit. The unanimous decision shoots down more than 30 lawsuits filed by unions and others challenging the unpaid furloughs, The Los Angeles [...]
no comments | tags: arnold schwarzenegger, California, Court, Furlough, furlough workers, Main Category, Schwarzenegger's, Upheld, Workers | posted in Politics
Sep
8
2010
The legal sparring between Goldman Sachs and the unsecured creditors of the Bayou Group escalated late Wednesday, when the creditors asked a federal court to uphold a big award against the firm and remove seal that has been placed on the case. In June, Goldman was ordered to pay $20.6 million, the largest arbitration award [...]
no comments | tags: Against, Award, Creditors, Goldman, goldman sachs, Main Category, Sachs, unsecured creditors, Upheld, Want | posted in financial