Debt Management News Archive

30-Nov-2008

 

  • Brookfield Asset Management strikes deal to refinance US$800 million in debt (Canadian Business)
    TORONTO - Brookfield Asset Management Inc. (TSX:BAM.A), a Toronto-based investment company formerly known as Brascan, says it has struck a deal to


  • (AFX UK Focus) 2008-11-29 00:16 GM eyes debt swap; some directors sour on CEO: WSJ (Interactive Investor)
    NEW YORK, Nov 28 (Reuters) - General Motors Corp is pushing some bondholders to swap their debt for equity, as Chief Executive Rick Wagoner tries to keep the automaker out of a Chapter 11 bankruptcy that would likely cost him his job, The Wall Street Journal said late Friday, citing people familiar with the plan. GM's board has also ratcheted up pressure on Wagoner in recent weeks, the newspaper ...


  • General Motors eyes debt swap: report (Reuters via Yahoo! News)
    General Motors Corp is pushing some bondholders to swap their debt for equity, as Chief Executive Rick Wagoner tries to keep the automaker out of a Chapter 11 bankruptcy that would likely cost him his job, The Wall Street Journal said late Friday, citing people familiar with the plan.


  • Eagle family makes jump to debt-free living (The Idaho Statesman)
    Many Americans are taking a hard look at their finances during the current economic crisis. One Eagle couple who faced their own crisis in 2001 turned to a money management program, and now lives debt free with less stress. They say it's something everyone can do. | GO...


  • Asset manager strikes deal to refinance debt (Toronto Star)
    Brookfield Asset Management Inc., a Toronto-based investment company formerly known as Brascan, says it has struck a deal to refinance $800 million (U.S.) in debt of its Australian real estate unit and plans to combine all European operations into a single operating company.


  • Get help managing and consolidating debt (The State)
    Mounting debt can put ever-increasing pressure on a household?s finances and lead to possible long-term credit problems. Finding a solution to personal debt is not always easy. But it can be done, often through a careful debt management and consolidation program. Several Web sites provide insights on how to manage and consolidate debt: Bankrate.com ( ...


  • College students in more debt (The News Journal)
    Ailing economy means Delaware unlikely to expand student aid



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