San Diego Discount Apparel Retailer Files for Chapter 11; Stores Stay Open
Jan. 14--Factory 2-U, the discount apparel retailer, filed for Chapter 11 bankruptcy protection yesterday after enduring a threadbare holiday season and a series of quarterly losses.

Fighting bankruptcy
HealthSouth Corp. is not the only rehabilitation provider working to stave off bankruptcy protection. Sun Healthcare Group last week announced it would sell its rehabilitation businesses to post-acute competitor Beverly Enterprises for $34 million.

U.S. Pension Insurance Director to Leave, Warning of Need for Reforms
WASHINGTON, Jan 09, 2004, (A. M. Best via COMTEX) -- The director of the federal government's pension insurance program is leaving after two years on the job, warning that taxpayers will have to foot the bill for the ailing program if its record deficit...

MCI WorldCom Close to Emerging From Bankruptcy
Existing WorldCom and MCI Shares to Be Cancelled, Reports Parker & Waichman-Feb. 20, 2004 Deadline to Opt-out of Worldcom Class Action Approaching


With Revenues Down 25% Since Bankruptcy, Whistleblower Blasts "Premature and Unjustified" U.S. Reversal on MCI Contracting
JACKSONVILLE, FL, Jan. 08, 2004 (MARKET WIRE via COMTEX) -- Mitch Marcus, a WorldCom whistleblower and founder of the independent BoycottMCI.com (http://www.BoycottMCI.com), issued the following statement today in the wake of the U.S. government's decision...

Atlantic Express Emerges from Bankruptcy: New Credit Facilities in Place
STATEN ISLAND, N.Y., Jan 8, 2004 (BUSINESS WIRE) -- Atlantic Express Transportation Group Inc. and its subsidiaries today announced their emergence from Chapter 11 reorganization proceedings and the raising of $145 million in new financing. The Company's...