Mr. McEntee warned the council's leaders that unless they figure out how to cooperate to help the union move ahead, he might send in three outsiders to help run and restructure the district council.
Robert Kost, 43, formerly a restructuring banker at Lazard, has joined the boutique investment bank, Gleacher Partners, where he will run the restructuring advisory business.
Last year, when Wolfgang Bernhard called Mercedes (which he was about to run) a "restructuring case", Mr Schrempp had him fired, unhappy with talk of "blood on the floor".The spoke in Wagoner's wheelUnlike Mr Schrempp, Mr Wagoner does not have to deal with workers in the boardroom.
In an unusual move, the F.D.I.C. allowed some of ShoreBank's executives to continue running the restructured bank.
A growing chorus of economists and commentators — including this page — are urging the Obama administration to adopt a more comprehensive solution: a government-run restructuring, or nationalization.
Two of the Czech Republic's biggest steel companies -- Nova Hut and Witcowice -- are virtually bankrupt and are being put through a government-run restructuring.
Such a rescue would be led by a state-run restructuring fund, which was set up in 2009 and has so far disbursed almost 12 billion euros to help ailing cajas.
An unattributed report published Friday in El Confidencial, an online newspaper, said that the government was ready to inject €30 billion to €80 billion more into ailing cajas, after the €11.5 billion in aid provided by a state-run restructuring fund over the past year.
The competition would continue to be run by a restructured European Rugby Cup Ltd with possibly a change of headquarters from Dublin to Geneva and a new name, although the word "European" is sacrosanct.
It was rumoured at the time that he had been enticed to stay at RBS by the promise of a bigger job – he was running risk and restructuring – in the future.
In the 1990's, he ran the restructuring groups at Salomon Smith Barney, Prudential Securities and, most recently, at Dresdner Kleinwort Wasserstein.
