August 23, 2007  
INDYMAC BANCORP: Fitch Places Ratings Under Negative Watch
On Aug. 16, 2007, Fitch Ratings placed the ratings of Indymac
Bancorp Inc. and related subsidiaries on Rating Watch Negative...
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NEW YORK RACING: Bankruptcy May Continue Until Mid-2008
The New York Racing Association's bankruptcy case may continue
until mid-2008 even if it manages to retain the franchise to run
the Saratoga Race Course, Belmont Park, and Aqueduct, Paul Post of
the Associated Press reports citing NYRA President Charles...
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RINKER BOAT: Moody's Junks Corporate Family Rating
Moody's Investors Service downgraded the ratings of Rinker Boat
Company based on its continuing moderating operating performance
as a result of the worse than anticipated downturn in the marine
industry and violation of financial covenants in the LTM...
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MEDICOR LTD: Court Okays Greenberg Traurig as Delaware Counsel
The U.S. Bankruptcy Court for the District of Delaware gave
Medicor Ltd. and its debtor-affiliates' authority to employ
Greenberg Traurig, LLP as their Delaware counsel...
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PARMALAT SPA: Boschi Food & Beverage Acquires Business Assets
Boschi Luigi & Figli S.p.A., a subsidiary of Parmalat S.p.A., has
executed the transfer of all of its business assets to Boschi Food
& Beverage S.p.A., following the receipt of the approval of
certain Antitrust authorities, according to Parmalat's company...
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JR & AR: Involuntary Chapter 11 Case Summary
Alleged Debtor: J R & A R Services Inc.
                6308 West 89th Street, Suite 260
                Los Angeles, CA 90045...
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ENHANCED MORTGAGE: Fitch Junks Rating on $30MM Class B Jr. Notes
Derivative Fitch downgraded one class of notes issued from
Enhanced Mortgage-Backed Securities Fund V Ltd. and placed three
classes on Rating Watch Negative...
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PARMALAT SPA: Sells Spanish Operations to Lacteos Siglo
Parmalat S.p.A. disclosed in a press release that it has executed
an agreement selling all of the Spanish operations to Lacteos
Siglo XXI s.l. (Group Nueva Rumasa) for about EUR188,000,000,
following the signing of the sale and purchase agreement in May...
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