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Almost ten years after the multilaterals first consented to the partial forgiveness of their loans, the snow has finally melted.
The Plunge Into Bankruptcy In October, the commission issued an order giving NextWave and the other financially distressed winning bidders a variety of options that let them surrender some or all of their licenses for full or partial forgiveness of their debts.
That required partial forgiveness of debt in many cases and/or a debt for equity swap.
Karen pursues David as he storms off after the ceremony, shouting his name, undoubtedly ready to alternate once more between pain and partial forgiveness, as they have done throughout their marriage.
When the company went out of business in 2007, Marietta Baking took over the cookie factory and received interest-free loans, job-training incentives, and partial forgiveness of indebtedness for job creation.
He cited as motivating factors to young voters the administration's plan for partial forgiveness of college loan interest and the extension of health coverage for students on their parents' insurance plans well into their 20s.
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He said he was worried that the pattern of lending money to such nations, and then declaring partial debt forgiveness, bred cynicism and sent the wrong signals to developing nations.
Particularly in the countryside — even with programs that offer partial loan forgiveness, it's very hard to pay off medical school debt treating Medicaid patients, much less those with no insurance at all.
President Obama has proposed $2 billion in American aid for Egypt that would be divided between loan guarantees for American businesses and partial debt forgiveness for the Egyptian government, which owes the United States about $3 billion.
According to Education Department officials, who spoke anonymously with the AP because they are not publicly authorized to speak on the in-progress plan, the agency is considering offering only partial loan forgiveness for students who were duped.
As with the partial revelations of Richard M. Nixon and company, it concedes fault and begs much forgiveness.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com