Isabella de Krassny, a leading shareholder of insolvent German home improvement retailer Praktiker is considering buying out banks in a move to save the company. deKrassny said, "An insolvency is not ... more 
Isabella de Krassny, a leading shareholder of insolvent German home improvement retailer Praktiker is considering buying out banks in a move to save the company. deKrassny said, "An insolvency is not the end. Together with other investors we are considering buying the loans held by banks." She and her husband Alain de Krassny together own about 15 percent of Germany's No. 3 DIY chain. Bank of America Corp rejected allegations that greed and bad faith drove the bank and its workers to push distressed homeowners into foreclosure, rather than help them obtain loan modifications to which they were entitled. Polish flag carrier LOT said it would continue to operate its four Boeing 787 Dreamliners after a Dreamliner operated by Ethiopian Airlines caught fire at Britain's Heathrow. less 
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Sat, Jul 13, 2013 9:42 AM EDT