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On Monday, US Airways filed for a $900 million federal loan guarantee as part of a $15 billion aid package put together by Congress last fall.
It hinted that the company would probably be better off requesting the loan guarantee as part of a future plan to emerge from bankruptcy.
Mr. Silver has long insisted that Mr. Bloomberg provide such a guarantee as part of any school governance deal, but the mayor has resisted, saying it would unfairly limit his spending choices.
In her recent account of the crisis, "Bull by the Horns," Sheila C. Bair, the former chairwoman of the Federal Deposit Insurance Corporation, wrote that it took Citi almost one year to itemize the troubled assets that it wanted the government to guarantee as part of its various bailouts.
Mr. Montgomery said that the board would consider granting the loan guarantee as part of "exit financing" from the bankruptcy proceeding -- after the company presents a business plan to the court and its creditors, a process that will take many months.
The Vogtle project has the support of the Obama administration through a Department of Energy loan guarantee as part of the administration's clean energy initiatives.
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Its funding is guaranteed as part of the legislation that creates it.
The city is in the process of ending some seniority-based job guarantees as part of its request for competitive bids for 1,100 routes transporting special education students; the current contracts expire in June.
When the government helped save General Motors by providing money and guarantees as part of its bankruptcy, "they absolved G.M. of all prior legal liability," Mr. Dimon said in an earnings conference call with investors and analysts on Friday.
In Merrill's case, for instance, the coming bonus round will be a test of Bank of America's ability to retain key Merrill employees — whose payouts last year were controversially guaranteed as part of the acquisition — while also satisfying its home-grown talent, who did much less well last year.
Even with access to emergency Fed lending, banks will have no choice but to move their derivatives dealing operations into an independently capitalized affiliate, and that affiliate will not be able to fund derivatives with cheap taxpayer guarantees as part of the basic business model.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com