To some Excite@Home partners and others in the industry, the speculation is premature, given that the company, based in Redwood City, Calif., may still obtain more funds, restructure, or seek bankruptcy protection and continue to operate.
Fitch said that even under extreme stress, Spain's fund for restructuring its banking sector would be more than adequate to cover potential losses on the domestic loan portfolio of the Spanish banking system.
Fannie and Freddie have received $145 billion in government bail-outs; Fannie's share price, which was worth around $70 in 2007, has recently been trading on the NYSE for less than $1.Back in the driving seatGeneral Motors withdrew all its applications for government loan guarantees across Europe and decided to fund the restructuring of its Opel division itself.
But "unlike Detroit, there isn't billions of unencumbered artwork to fund a restructuring" in PuertoRico, said David Tawil, whose fund, Maglan Capital, held Puerto Rico general obligation debt but has since sold it.
JJB has held discussions about securing further funds and restructuring its store portfolio but said on Thursday it now believed it would not be able to raise the level of support required to implement the turnaround.
"Policy makers have to recognize the impossibility of the trilemma of no additional funding, no restructuring of official loans, and no default and exit from the euro".
It could also potentially include a new loan from Russia, nationalising pension funds, or restructuring and selling off - or even closing down - parts of the banking sector.
News International funded quicker restructuring than would normally be allowed [via its £30m payment relating to the partial cancellation of a contract printing agreement].
The offer involves a proposal to tap the European Stability Mechanism — a $560 billion bailout fund — and restructure Greece's debt, but no other details were given.
Despite the current Government's apparent attempts to bring the NHS to its knees through funding cuts, restructuring, and back door privatisation; the organisation is still one of Britain's greatest achievements.
