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Several big banks have seen their borrowing costs rise as bondholders fear that they, too, will suffer in any government restructuring.
In some cases, the arrival of federal stimulus money ("spackle," in the words of one budget expert, to patch the most immediate cracks in the state budget) seemed to have quieted the calls for wholesale government restructuring.
The charity, which received £3m in a government restructuring package a week ago, used part of its grant to pay overdue staff wages, a move reportedly against the conditions of the funding.
DETROIT A General Motors bankruptcy is looking "more probable," says the company's new chief executive, who vowed Tuesday that GM will do "whatever it takes" to meet government restructuring mandates and ensure its long-term success.
A General Motors bankruptcy is looking "more probable," said the company's new chief executive, Frederick "Fritz" Henderson Frederick "Fritz" Henderson, (See "Why Rick Wagoner Had To Go,") who vowed Tuesday that GM will do "whatever it takes" to meet government restructuring mandates and ensure its long-term success.
A General Motors bankruptcy is looking "more probable," says the company's new chief executive, Frederick "Fritz" Henderson Frederick "Fritz" Henderson, who vowed Tuesday that General Motors will do "whatever it takes" to meet government restructuring mandates and ensure its long-term success.
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In mid-November, the government restructured its loans to A.I.G., raising its total commitment to $150 billion.
The government restructured the commercial banking system in the mid-1980s, increasing the number of state-owned commercial banks in the country.
To force Portugal's energy transition, Mr. Sócrates's government restructured and privatized former state energy utilities to create a grid better suited to renewable power sources.
His government restructured the country's debt and reached an agreement with the IMF, shoring up the economy amid the global financial turmoil.
Following negotiations with creditors, in 2013 the government restructured its $550 million "superbond" debt at a cost of about $750,000 with a maturity date of 2038.
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