Summary
With the summer already two-thirds over and the dog days of August about to seep in, I'll bet you didn't notice that ...
About the time troubled New York lender CIT Group started coughing up blood two weeks ago, a trustee for one of its former clients, Meadowbrook Farms Cooperative, was alerting a federal bankruptcy judge in East St. Louis of an offer to dump most of the busted Illinois pork packer.See the full content of this document
Extract
Ag's Mainstays Feeling the Pinch
Recall that Meadowbrook took the Chapter 7 swim in mid-March, pulling nearly 200 Midwestern hog farmers underwater with it. At the time, it listed $28 millio...
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