Debt Management News Archive

01-Jun-2009

 

  • GM Bankruptcy to Bring Taxpayer Ownership, Less Debt (Update5) (Bloomberg)
    June 1 (Bloomberg) -- General Motors Corp. , the world?s largest automaker for 77 years, will file for bankruptcy today, a landmark for an industry that defined American economic might.


  • SOE debt ?should also be regulated? (Vi?t Nam News)
    HA NOI ? The proposed Public debt Management Law must regulate the debt of State-owned enterprises (SOEs), National Assembly deputies argued yesterday.


  • Bondholders agree debt-for-equity swap as GM heads for bankruptcy (Business Day)
    A MAJORITY of General Motors bondholders agreed to support a plan to exchange debt for an ownership stake in the company as high as 25 per cent, The New York Times reported over the weekend.


  • Don't Get Burned by Debt Settlement Offers (HispanicBusiness.com)
    Aimee and Mark SooSoo owed so much money on their credit cards that the minimum payments alone added up to $2,000 a month. Or put another way, the Sterling Heights, Mich., couple paid about $700 more a month for ugly card debt than they paid on their mortgage.


  • TREASURIES-Slide in Asia on stock rally, debt worries (Reuters via Yahoo! Asia News)
    TOKYO, June 1 (Reuters) - U.S. Treasuries slid in Asia on Monday, hurt by a rally in regional stocks and persistent concerns about snowballing U.S. government debt issuance.


  • GM Bankruptcy Filing Will Bring Taxpayer Ownership, Less Debt (Bloomberg)
    June 1 (Bloomberg) -- General Motors Corp. , the world?s largest automaker for 77 years, began filing for bankruptcy by putting a New York affiliate into Chapter 11, a landmark for an industry that defined American economic might.


  • Chinese economists see risks in U.S. debt (UPI)
    BEIJING, May 31 (UPI) -- A majority of Chinese economists, in a survey released as U.S. Treasury Secretary Timothy Geithner visits China, see China's U.S. debt holdings as risky.



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