News tagged with “creditors”. Found:
2 tagged news reports.
Your Search Returned 2 tagged news reports
Timothy Geithner: FED must be stripped of its AIG-like bailout powers
Would you like the hard earned taxpayer's money be put in a bottomless bowl in the name of bailing out a bleeding financial firm? The like that the US Federal Reserve put in the case of financial behemoths Bear Stearns and AIG? Or, Ctibank if you like....
Tags: Timothy Geithner, FED, strip, AIG-like, bailout powers, US Federal Reserve, AIG, Bear Stearns, Citibank, bottomless bowl, taxpayers, Obama, administration, financial behemoths, authority, Treasury department, failure, economy, creditors, shareholders, mediocrity, insurance fund, Federal Deposit Insurance Corp, myVox
U.S. Plan Sees Easing of G.M. to Bankruptcy
The government may seek to ease General Motors into what it calls a “controlled” bankruptcy, somewhere between a prepackaged bankruptcy and court chaos, by persuading at least some creditors to agree to a plan that would cleave the company...
Tags: government, Detroit, Lehman Brothers, Barclays, deteriorate, pension, Ford, Continental Airlines, Delphi, CorporationChrysler, liquidation, unequivocal, June, lawyer, Fritz Henderson, automaker, Bankruptcy, General Motors, controlled, creditors, administration, officials, taxpayer, financing
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