Debt Management News Archive

12-Apr-2009

 

  • Israel Chemicals mulls alternatives to debt issue (Globes Online)
    The company has NIS 1.58 billion in debt that is due to mature in 2009.


  • Russian state bank takes over Dynamo Moscow for debt (Reuters via Yahoo! Philippines News)
    MOSCOW, April 10 (Reuters) - Russian state bank VTB took control of Dynamo Moscow, one of the country's oldest soccer clubs, which gave up its shares to the bank in exchange for debt forgiveness, VTB's chief said Friday.


  • Loan for toxic bank to hike national debt (Irish Examiner)
    THE EU could force the Government to include borrowings to fund the toxic bank it is setting up as part of the national debt.


  • Some advice after paying off a $46 thousand credit card debt (9 News Denver)
    JEFFERSON - Sherrie Muldoon was laid off from her full-time job in November and yet, threw a party on Saturday to celebrate her family's finances. That's because after three years and seven months, the Park County resident and her husband, Dan, made the final payment to officially retire $46,244.78 in credit card debt.


  • Marty Whitman Buys American Distress (Forbes)
    Marty Whitman of Third Avenue Management sounds off on credit, distressed debt and regulation.


  • Chrysler Creditors Disagree on Treasury's Proposal to Cut Debt (Washington Post)
    A dispute has erupted involving the creditors of Chrysler who are negotiating with the federal government to reduce the beleaguered automaker's debt load.


  • Debt offering to net BorgWarner Inc. about $362.2 million (Crain's Detroit Business)
    BorgWarner Inc. said Thursday it expects to net $362.2 million from its now-completed debt offering the company issued Monday.


  • Dear Anna Debt collection: an indiscriminate pursuit (Guardian Unlimited)
    Debt collection agencies feed on live flesh. In these dark times there must be a surplus of legitimate prey to nourish them, but they will swoop just as greedily on unfortunates who happen to share a name or an ex-address of a defaulter. And once they have sunk their teeth into you, it is frighteningly hard to break free, as Gareth Stanton has spent five years discovering. The Lowell Group is ...


  • RP in deeper debt hole?Escudero (Philippine Daily Inquirer)
    Filipinos will find themselves mired in a deeper hole because of the Arroyo administration?s borrowing binge, Senator Francis ?Chiz? Escudero has said in a statement.



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