The requirement that a corporation provide contraception coverage can no more be considered a burden on its individual owners than the requirement that a corporation repay a contractual debt.
Investors, fearing recession and greater difficulty repaying debt by corporations and homeowners, would put a premium on higher-quality instruments like Treasury bonds, he said.
In a measure of Russia's economic troubles, corporations here must repay $117 billion in debt to Western banks this year, in a stark reversal from the inflow of foreign investor money that buoyed Russia's economy in recent years.
The corporation's move to repay Sunpoint customers was swift indeed.
Mr. Corzine needs to prevent the state's future leaders from undoing his toll increases because the credit ratings of the bonds he wants to issue are based largely on the public corporation's ability to repay them.
The mountain of debt is so huge — the Central Bank calculates that corporations and banks in Russia must repay $128 billion this year alone — that many oligarchs will be unable to repay the loans, bankers say.
"If we have any energy left after the trials of a competitive American college, we turn to private corporations if we have debt to repay, and to the non-profit sector if we want to make the world better," says Robert Ochshorn, who has just graduated in computer sciences from Cornell University.In simple numerical terms, the personnel gap opening up is vast.
Renewed strength in the dollar means Chinese corporations likely missed their best opportunity to repay $430 billion in debt.
"We saw 84 different tax returns, because each business was a separate corporation, so we knew his ability to repay," Mr. Savitt said.
The short period meant, among other things, that the parent corporation had to be sure it could repay the money to its subsidiary in time to qualify for the tax break.
