Unlike foreign investors, many of whom bought the securities at reduced prices, the Greek banks would not reap big profits if they sold their bonds — which were restructured earlier this year — at about 33 cents a euro.
With resistance hardening among congressional Republicans, the White House is escalating efforts to get Social Security restructured this year.
Regional newspaper business Northcliffe, which includes the Derby Evening Telegraph, Nottingham Evening Post and Leicester Mercury, was restructured last year.
Mr. Lastman took over as the leader of Canada's largest city when it was restructured three years ago.
"If Lucent would have restructured a year ago it would have dodged the bullet," said Jeffrey Kagan, an independent telecommunications analyst.
The banks put much of the money into Greek government bonds, only to absorb big losses when those bonds were restructured last year.
That is what happened when Greece's debt was restructured this year: Private bondholders suffered big losses, while the E.C.B. theoretically stood to make a profit.
Europe's premier competition has been restructured this year but the importance of getting results in the group stage remains.
The service has been restructured since last year, when council figures showed it had a total of 494 frontline social worker posts.
One $2.9 million grantee, Helicos BioSciences Corp. of Cambridge, Massachusetts, restructured this spring, shedding half of its workforce and shifting its focus to diagnostics.
However, the company restructured last year and cannot pay the fine, or £175,000 in legal costs, because it has ceased trading and has no assets.
