Debt Management News Archive

03-Jan-2009

 

  • GMAC Debt Deal Falls Short Of Goal (Washington Post)
    NEW YORK, Dec. 31 -- The financing arm of General Motors completed a complicated debt deal that fell short of the goal it set for the amount of fresh capital needed to help it ride out a historic collapse in auto sales.


  • Investing in debt might beat stocks (The News & Observer)
    Mark Yusko is an experienced hand at managing big money.


  • Yale?s Swensen Sees ?Extraordinary? Opportunity to Snap Up Debt (Bloomberg)
    Jan. 2 (Bloomberg) -- Yale University , whose endowment dropped $5.9 billion in six months because of the recession, is pursuing a recovery by acquiring distressed debt.


  • Highland Capital Management, L.P. Announces Changes to Portfolio Management Teams of Highland Credit Strategies Fund ... (Business Wire via Yahoo! Finance)
    DALLAS----Highland Capital Management, L.P. announced changes, effective January 1, 2009, to the portfolio management teams of Highland Credit Strategies Fund and Highland Distressed Opportunities, Inc. .


  • More people expected to seek help: Debt agency (Business Times (Malaysia))
    CREDIT Counselling and Debt Management Agency (AKPK) expects more people to knock on its door next year to seek advice and counselling on financial management, setting up budgets and tracking expenses.


  • Debt diet (Cadillac News)
    DROWNING IN DEBT? Does it seem like you can never get ahead? Here are some tips to deal with your situation and start making some financial progress in 2009.


  • Clearance of power-related circular debt: President directs ministries to work out plan (Business Recorder)
    ISLAMABAD : President Asif Ali Zardari on Friday directed the concerned ministries to devise a workable plan to clear the whole circular debt and huge money owed to private power producers by June this year. Following the direction by the President, Fi ....


  • FDIC To Sell IndyMac To IMB Management Holdings (Fox News)
    FDIC To Sell IndyMac To IMB Management Holdings


  • Valuation of debt securities by mutual funds: CCP asks SECP to withdraw circular (Business Recorder)
    ISLAMABAD (January 03 2009): The Competition Commission of Pakistan (CCP) has asked the Securities and Exchange Commission of Pakistan (SECP) to withdraw a circular pertaining to valuation of debt securities by mutual funds.



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