Is Boehner’s debt ceiling saber-rattling a boon or bust for Romney?
Posted on 17 May, 2012
News from msnbc.com:
>>> bring back our panel and continue the political conversation. with me in new york is joanne reed and in washington michelle cottle and julien epstein. julian , what do you think of mitt romney hitching his wag ans to john boehner , the most disastrous speaker in recent history?
>> well, again, they’re [...]
TEXT-Fitch rates Kellogg’s notes
Posted on 15 May, 2012
News from Reuters:
Mon May 14, 2012 4:26pm EDT
May 14 – Fitch Ratings has assigned a ‘BBB+’ rating to Kellogg Company’s
(Kellogg) $ 1.45 billion senior unsecured notes issuance in the following
tranches:
–$ 350 million due in 2015;
–$ 400 million due in 2017; and
–$ 700 million [...]
Credible debt reduction plans essential: IMF’s Lagarde
Posted on 13 May, 2012
News from Reuters:
WASHINGTON | Mon May 7, 2012 2:47pm EDT
WASHINGTON (Reuters) – The world’s advanced economies must take steps to cut their huge public debt, but the right mix of policies will vary by country, International Monetary Fund Managing Director Christine Lagarde said on Monday.
“The most important element is to lay out a credible medium-term [...]
Houghton Mifflin Plans $3.1 Billion Debt Reduction, FT Reports
Posted on 12 May, 2012
News from Bloomberg:
Houghton Mifflin Harcourt Publishing Co. plans to eliminate $ 3.1 billion of debt in its second restructuring in a little more than two years, the Financial Times reported, without saying where it got the information.
The Boston-based educational publishing and services company’s Chapter 11 bankruptcy will convert debt held by groups including Paulson [...]
Germany’s Merkel: Debt Reduction Lays Foundation For Sustainable Growth
Posted on 10 May, 2012
News from NASDAQ:
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Germany says debt reduction goals not up for negotiation
Posted on 08 May, 2012
News from Irish Times:
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The Irish Times – Wednesday, May 9, 2012
DEREK SCALLY in Berlin
GERMANY INSISTED yesterday that European austerity efforts were not voted out on Sunday night with French president Nicolas Sarkozy.
After reviewing “au revoir austerity” reports in European newspapers yesterday, German chancellor Angela Merkel sent out her foot soldiers to [...]
Mangano Unveils Debt Reduction and Sewer Stabilization Plan
Posted on 07 May, 2012
News from Elmont Community Web Page:
To protect taxpayers and our bays and ocean, Nassau County Executive Edward P. Mangano today announced a historic Debt Reduction and Sewer Stabilization Plan to eliminate $ 750 million, or 25%, of the County’s $ 3 billion in debt. The plan also stabilizes Nassau County’s Sewer Authority which [...]
Watch Dog Committee Backs Debt Reduction Plan
Posted on 04 May, 2012
News from Patch.com:
Pick a number. Any number. Just pick a number.
That request by Town Treasurer Floyd Carman at the Warrant Committee’s weekly meeting Wednesday, May 2, was an invitation for Town Meeting representatives to approve a Special Town Meeting article creating a new policy that each year diverts a small stream of town funds in [...]
CME says targets net debt reduction below 5x OIBDA
Posted on 02 May, 2012
News from Reuters:
PRAGUE | Wed May 2, 2012 9:15am EDT
PRAGUE May 2 (Reuters) – Television broadcaster Central European Media Enterprises (CME) aims to cut its net debt burden to below five times operating income before interest, tax, depreciation and amortisation (OIBDA), the company said on Wednesday.
CME has announced a series of transactions involving subscription of [...]
Reading fine print can help consumers, if they can understand
Posted on 30 April, 2012
News from Debtmerica Relief:
Monday, 30 April 2012 12:00
Consumers who want to avoid making serious missteps when it comes to dealing with their credit card debt and other types of credit would likely do well to take the time to read the fine print of their lending agreements.
Experts say that taking the time to read [...]
