It is likely that both companies would retain small teams to handle their life assurance assets, or substantial stakes in their subsidiaries, if they opted to make such a move.
"We believe the loan, which is backed by profitable, well-capitalized operating subsidiaries with substantial value, will protect all AIG policyholders, address rating agency concerns and give AIG the time necessary to conduct asset sales on an orderly basis," it said in a statement.
At the same time, he said, NBC's owner, General Electric, through its GE Capital subsidiary, already lends substantial amounts of money to cable operators.
Despite optimistic signals that Rupert Murdoch's UK subsidiary had made a "substantial" offer that was close to being accepted by the Welsh singer and her family, crucial differences between the two sides have not been sufficiently resolved.
Mr. Kumar also pleaded guilty to providing information on a continuing basis about A.M.D.'s financial performance and about an eBay subsidiary that was planning substantial layoffs in fall 2008.
This week, GMAC said there is "substantial doubt" that its Residential Capital mortgage subsidiary can continue as a "going concern" without additional help.
The guarantees are valid for all banks operating in the eurozone countries and for subsidiaries of foreign banks "with substantial operations".
Baker and the folks at Mozilla might not put it this way, but the subsidiary will begin to unlock the substantial value at Firefox.
"The credit facilities are being provided by Alexander Easdale, a shareholder in the company and director of The Rangers Football Club Limited, the wholly owned subsidiary of RIFC, and Laxey Partners Ltd, a substantial shareholder in the company.
Two of Cyprus' biggest banks were among the largest holders of Greek bonds in Europe and had a substantial presence in Greece through bank branches and subsidiaries.
