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More than half (55 per cent) said they expected not to fully repay the loans they had taken out to cover the fees.
Ms. Geller said that if the government offered to fully repay the bonds of ordinary holdouts, but not those of big hedge funds, she'd refuse.
The firm has now written down the holdings by 75 percent — an acknowledgement that the embattled country will most likely be unable to fully repay its loans.
"This cast has carried me around, and made me feel alive, and I will never be able to fully repay them," Mr. Kazee said.
Hurricane Katrina put the program so deeply into debt that federal officials have acknowledged they will never be able to fully repay the $18 billion Treasury-financed loan that bailed the program out.
The most acrimonious debate has been over the amount of losses banks should suffer for lending hundreds of billions of euros to countries that may not be able to fully repay.
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In a recent paper Ms Reinhart and Mr Rogoff say: "Even countries that are committed to fully repaying their debts are forced to dramatically tighten fiscal policy in order to appear credible to investors and thereby reduce risk premia .Governments may thus find their political decisions driven by the need to keep markets onside.
WASHINGTON — Edward M. Liddy, the chairman of the American International Group, said on Wednesday that the company would probably need three to five years to carry out its restructuring plan and fully repay the taxpayer bailout money.
In Chapter 13, "The Nisei" (whom Mashbir used as translators in ATIS) he pays tribute to Military Intelligence Service MISsoldiersers in these words: "The United States of America owes a debt to these men and to their families which it can never fully repay".
As a state senator and then a congressman, I've had the privilege of trying to do good things for people to whom I owe so much and can never fully repay.
Amerco will amend its recovery plan by Nov. 27 to reflect an accord reached last week that would fully repay bondholders $714.6 million.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com