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"This means a serious restructuring of the company," said Richard Bove, an analyst with Hoefer & Arnett, an independent research firm.
It should consider doing so only if Mr. Mori agrees to a serious restructuring of the banking industry.
But Darryl Jenkins, the director of the Aviation Institute at George Washington University, said $9 billion seemed to be the minimum amount necessary to begin a serious restructuring.
In fact denying the inevitable has undermined pledges about solvent governments.Instead of austerity and pretence, a credible rescue should start with growth and, where it is unavoidable, a serious restructuring of debt.
But once the stability facility is ratified, he said, he sees the possibility of using it to finally undertake a serious restructuring of unsustainable levels of Greek debt by the end of the year.
C1 Long Road Ahead for Ford Few analysts are optimistic that Ford Motor will be able to prosper without a serious restructuring and one has even said that Ford would be bankrupt without its blue-chip brand name.
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As I addressed in a recent TEDx talk, colleges are so enslaved to the high tuition model that any serious restructuring threatens quality.
We are going to have to do some serious restructuring to deal with our debt and recapitalize with a different capital structure but at the end of the day we should be able to create a healthier company with a MUCH lower burn rate, with the IP intact and a significant distribution channel.
And serious restructuring is almost impossible because it is stigmatised as "state planning".
But two things have got in the way of serious restructuring.
Lobby groups from America's retailers say that, without serious restructuring, the end of quotas is likely to kill domestic textile-makers, which make much of their money by exploiting current trade rules that, among other things, heap costs on foreign firms by forcing production to be spread across many countries.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com