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The latest initiative is a bank recapitalization plan.
Any recapitalization plan would add more risk to the company in the form of higher debt.
Once the recapitalization plan is complete, Knight will resume its duties.
In April 2000, for example, it advised Ford on a complicated recapitalization plan.
As details of the American recapitalization plan emerged, fears grew over the impact on smaller countries.
Any bank recapitalization plan would also have to be in line with European Union rules guarding against unfair state subsidies.
The European Commission played down suggestions Wednesday that a large-scale recapitalization plan was already taking shape.
Trump Hotels said it expected its recapitalization plan to be completed by the first quarter of 2005.
Implementation of the recapitalization plan is expected to result in continuance of investment-grade credit ratings for the company.
"Who is going to pay for this?" asked Spyros Pagratis, a financial markets specialist at Athens University of Economics and Business, in a paper criticizing the recapitalization plan.
Simon said it would be willing to offer a recapitalization plan similar to Brookfield's if its takeover plan ran into antitrust problems, a possibility General Growth has raised.
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