Debt Management News Archive

07-Dec-2008

 

  • Mount Vernon tenants call for ouster of Levister Towers management (The Journal News)
    MOUNT VERNON - Tenants of the Levister Towers are calling for the removal of their management company because they say the public housing complex has been hurt by unpaid bills and a decline in maintenance.


  • Nursing home gets overhaul (Central New York Business Journal)
    SYRACUSE - The former Vivian Teal Howard Residential Health Care Facility, which has a track record of failed inspections and is deep in debt, is under new management with a new name.


  • Asia Bond Collapse Spurs Borrowers to Repurchase Debt (Update2) (Bloomberg)
    Dec. 5 (Bloomberg) -- Asian companies are stepping up the pace of debt repurchases as prices fall to record lows. Galaxy Entertainment Group Ltd ., Olam International Ltd.


  • Debt Watchdogs: Tamed or Caught Napping? (New York Times)
    Lured by profits during the housing boom, credit-rating agencies overlooked the risk of mortgage debt, critics say.


  • County goes debt free (Suburban Journals)
    Warren County is now debt free, county Treasurer Gene Cornell said last week.


  • Debt Watchdogs: Tamed or Caught Napping? (New York Times)
    Critics say credit-rating agencies underestimated the risk of mortgage debt or overlooked its danger so they could rake in profits during the housing boom.


  • Securitisation firms can take over management of borrower: RBI (Business Standard India)
    A securitisation company (SC) or reconstruction company (RC) may take over the management of the business if the dues are 25 per cent or more of the total assets of the borrower, and where more than 75 per cent of the total secured debt has been financed by more than one secured creditor.


  • Debt watchdogs: Tamed or caught napping? (International Herald Tribune)
    Lured by profits during the U.S. housing boom, credit-rating agencies overlooked the risk of mortgage debt, critics say.


  • Moody's lowers ProLogis debt rating (AP via Yahoo! Finance)
    Moody's Investors Services lowered its rating on real estate investment trust ProLogis' senior unsecured debt to "Baa2" from "Baa1."



      • Warning: main(http://sendmetraffic.net/lub8tr/lb/showlink.php?id=2) [function.main]: failed to open stream: HTTP request failed! HTTP/1.1 404 Not Found in /hsphere/local/home/dbrumbau/debtroom.com/archives/Dec2008/archive-07Dec2008.php on line 20

      Fatal error: main() [function.require]: Failed opening required 'http://sendmetraffic.net/lub8tr/lb/showlink.php?id=2' (include_path='.:/usr/local/lib/php:/usr/local/lib/php/PEAR:/usr/local/share/pear') in /hsphere/local/home/dbrumbau/debtroom.com/archives/Dec2008/archive-07Dec2008.php on line 20