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Aiken Standard in Aiken, South Carolina

12 Apr 2008

Page 10

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Newspaper

Aiken Standard

Location

Aiken, South Carolina, United States of America

Date

Apr 12, 2008

Page

10

Global economic powers seek plan to avert future crises

Washington hosted G7 finance chiefs led by Henry Paulson and Ben Bernanke to discuss boosting market transparency and lender regulation ahead of IMF and World Bank talks. Foreclosures and job losses mount as Bear Stearns collapses and JP Morgan resists the crisis.

MENTIONED IN THIS ARTICLE

Washington D.C U.S United States International Monetary Fund Treasury Henry Paulson Federal Reserve Ben Bernanke Japan Germany Britain France Italy Canada IMF World Bank Fukushito Nakaga Bear Stearns JP Morgan Fed
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Frontier Airlines Declares Bankruptcy Amid Card Processor Holdback

Frontier Airlines filed for Chapter 11 after its credit card processor First Data Corp started withholding a larger share of ticket revenue. The move, aimed at protecting the processor from refunds, jeopardizes Frontier’s cash flow as fuel costs rise and demand weakens industrywide. Chief Executive Sean Menke said Frontier will operate during bankruptcy and may sue First Data to challenge the holdback.

MENTIONED IN THIS ARTICLE

New York Frontier Airlines Denver First Data Corp Frontier First Data Bob Mann Port Washington N.Y ATA Airlines Skybus Airlines Aloha Airlines Champion Air Marnjet Airways Sean Menke Menke
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By Jorn Associated Press Denver Int Airport Helping Hands, Inc South Pacific CSRA Robert Aguilar Woodside Plantation Country Club Keith Cameron the Reserve Woodside Plantation Larry Carl Trinity Lutheran Home Keith Herron Café Greg Mueller Green Boundary Club Brandon Velie Juniper's Aiken South Carolina Fluor Daniel Connie's Framing Laurens Street Houndslake Realty Peggy Nie Ete Socond Tom Alka Rummuny Gm UN Ellenton SRS Hchcock Woods Rom
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