Friday, September 19, 2008

Did BCSI do their job regarding NCFE?

National Century Financial Enterprises
I think not...they have missed the boat on this one!
NCFE...still ongoing trial in OHIO, yet DOJ states 'end of an era'and the CEO and Key Executive James K Happ has yet to go on trial.
How could that be?
Whois James K Happ? Well, he is the ex-employee of NCFE, who came to NCFE from HCA after DUMPING their losing assets financed by NCFE.

BCSI needs to take another DEEPER LOOK!

BCSI is Publishing Lehman Brothers Bankruptcy News


Last update: 11:19 a.m. EDT Sept. 18, 2008
FAIRLESS HILLS, Pa., Sept 18, 2008 /PRNewswire via COMTEX/ -- Bankruptcy Creditors' Service, Inc., published the fourth issue of LEHMAN BROTHERS BANKRUPTCY NEWS this morning. The newsletter tracks the chapter 11 proceeding and ancillary foreign proceedings undertaken by Lehman Brothers Holdings Inc. (Pink Sheets: LEHMQ) and its various affiliates.
"Lehman Brothers' bankruptcy has set and will set many records," Peter A. Chapman, president of Bankruptcy Creditors' Service, Inc., commented. "It's the largest chapter 11 filing in U.S. history and it promises to be the most complex. Our newsletter is designed to help creditors, counterparties, investors, competitors, their lawyers, and other parties-in-interest efficiently and affordably wade through the mountains of court documents, regulatory filings, and hours of courtroom proceedings a multi-billion dollar bankruptcy case like Lehman Brothers' generates."
Copies of the first four issues of LEHMAN BROTHERS BANKRUPTCY NEWS are available at http://bankrupt.com/lehman/ at no charge and report in detail about what's happened in the chapter 11 proceeding over the past four days.
LEHMAN BROTHERS BANKRUPTCY NEWS is distributed on a subscription basis by e-mail for $45 per issue. New issues are published as significant activity occurs (generally every 10 to 20 days) in the company's chapter 11 case. Single issues can be purchased at http://bankrupt.com/newsstand/ using a major credit card.
Since 1990, BCSI has published similar newsletters tracking billion-dollar insolvency proceedings. Currently, BCSI provides similar coverage about the restructuring proceedings involving Bear Stearns Co.'s High-Grade Structured Credit Strategies Master Fund, Ltd., and High-Grade Structured Credit Strategies Enhanced Leverage Master Fund, Ltd., Canadian ABCP Trusts, Refco, Inc., Cadence Innovation LLC, Progressive Molded Products, Inc., BHM Technologies Holdings, Inc., Delphi Corp., Plastech Engineered Products, Inc., Blue Water Automotive Systems, Inc., Dana Corp., Meridian Automotive Systems, Inc., Tower Automotive Inc., Boscov's Department Store, LLC, Mervyn's LLC, Steve & Barry's Manhattan, LLC, Kmart Corp., Linens 'n Things, Inc., Hancock Fabrics, Inc., Sharper Image Corp., Movie Gallery, Inc., Tweeter Home Entertainment Group, Inc., SemGroup L.P., Enron Corp., Calpine Corporation, Mirant Corp., Vertis Holdings, Inc., American Color Graphics, Inc., Quebecor World, Inc., Tricom, S.A., Adelphia Communications and Adelphia Business Solutions, Winstar Communications, Werner Holding Co. (DE), Inc., SIRVA, Inc., Sea Containers, Ltd., Allied Holdings, Performance Transportation Services, Frontier Airlines Holdings, Inc., ATA Airlines, Inc., Delta Air Lines, Northwest Airlines, US Airways, UAL Corporation and United Airlines, Mesaba Aviation, LandSource Communities Development LLC, Kimball Hill, Inc., TOUSA, Inc., Levitt and Sons LLC, Neumann Homes, Inc., American Home Mortgage Investment Corp., New Century Financial Corp., Delta Financial Corporation, HomeBanc Corp., Mortgage Lenders Network USA, Inc., The Education Resources Institute, Inc., Vesta Insurance Group, Inc., and its six insurance units, National Century Financial Enterprises, Greektown Holdings, LLC, Tropicana Entertainment, LLC, PRC, LLC, Wellman Inc., Propex Inc., Solutia, Inc., Exide Technologies, Bennigan's and Steak and Ale restaurants, Buffets Holdings, Inc., Interstate Bakeries Corporation, Parmalat Finanziaria, S.p.A., Bally Total Fitness Holding Corp., Saint Vincent Catholic Medical Centers, ASARCO LLC, Federal-Mogul Corporation, W.R. Grace & Co., Owens Corning, USG Corporation, the Roman Catholic Church in the United States, and the city of Vallejo, California.
Additionally, BCSI co-publishes the TROUBLED COMPANY REPORTER. The TCR provides daily news by e-mail about approximately 3,000 companies tumbling down the credit quality curve and restructuring their balance sheets and operations. Go to http://www.bankrupt.com/freetrial/ to sign-up for a 30-day free trial subscription to the TCR.
SOURCE Bankruptcy Creditors' Service, Inc.
http://bankrupt.com/lehman

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