Page 262 - Restructuring News Today

>> romney wrote a now famous op-ed in "the new york times." romney called for detroit to go bankrupt and said if the government loaned money to the automobilemakers, you can kiss the automobile industry good-bye. it wouldnt go overnight, but its demise will be virtually guaranteed. romney wanted a massive restructuring of detroit. >> instead, we have to help these companies restructure, stay in business, but restructure, shed the unnecessary costs, make them competitive with the transplants and ...

Not the same kind of exposure that you had that huge junk bond exposure, the huge bad debt, poisonous debt that had to be dealt with in the united states. but, hollandes big concern is that he doesnt want to cut back on the public sector the way it does in the -- that we have in the united states, or wanted to, and try to do in the united states. you know, 55% of the gross domestic product of france is public sector spending. so you start to cut that back, in the name of austerity -- >> yeah. >>...

Restructuring, firing, stripping assets, not necessarily a manufacturing company. i think that was very intentional language. some of the language to try to reframe the arguments being made against him like saying, do we want to relitigate health care? do we want to have to relitigate wall street reform? putting it in the frame of moving forward and not backward. >> erin, the president did not just stick with the economy. he talked about a bunch of things i noticed all began with "e" important t...

You wont see the governor slow jam. >> so were not going to see mitt romney slow jamming the news with jimmy fallon. >> well, that would be an interesting thing to see. you know, i think you know, i could only hear bits and pieces of what eric was saying. i do know a couple things he did say at "the washington post" conference this weekend. he said that mitt romney was glad that barack obama followed his advice on the auto bailout by you know, pushing the autos into bankruptcy and restructuring....

states. its a fascinating, troubling story. were also going to look at the war on drugs in mexico. could it actually be working? first, heres my take. a new poll in the united states shows that americans are still deeply frustrated at the slow pace of the economic recovery. thats understandable. unemployment stays stubbornly high. i was just in europe, and they think america is booming. consider this. the u.s. economy is on track to grow between 2% and 3% this year. in europe, by contr...

Romney beat on this much ballyhooed suggest to let detroit go bankrupt. thats a symbolic political win, not a substantive win for detroit. obama administration has been working to help the actual detroit, but because detroit, the actual city, not the metaphor for american economic power is, in fact, going through a very painful fiscal restructuring, teetering on the brink of bankruptcy with $200 million budget deficit and $13.2 million in debt. when we talk about detroits recovery, we need to ma...

Have a financial sector that works for the productive economy rather than have the productive economy work for the financial sector. so these are big issues -- i hope david and i and others can work on this together and get us moving again. >> first of all, david, how much do you agree with what you just heard, and to the extent you do, how much currency do the two of you have to sort of inject your paired identity into the current political culture? >> my hope was actually going for the home ru...

tornadoes. so far, it still appears no one was killed, which mike rawlings calls a miracle. heres the mayor of forney, texas, moments ago. >> it is difficult to look at the damage to the homes and look around the town and call this a situation where were blessed, but if you really think about it the fact that everybody that woke up in forney yesterday morning is still alive today in forney, thats a real blessing. zero fatalities. >> as tornadoes go, these were relatively small. but loo...

against the pilot alleged to have gone on a rampage and screamed about a bomb on boar. captain clayton osborn is accused of interfering with the flight crew. listen to this outburst captured bypass jers. >> oh, my god, imso distraught. weve got israel. weve got iraq. >> lizzie has been pouring over this new affidavit. >> a lot of details are eyebrow raising. it walks us through what happened in the cockpit and the cabin. what you realize is that pretty quickly, the first officer had a ...

From cradle to grave. that is not the commerce clause. jon: if the individual mandate is struck down by this high court, do you think the entire affordable care act goes away? >> we are hopeful that the entire statute would go down. the individual mandate, as the government itself has acknowledged repeatedly is at the heart of the statute. it is particularly tightly connected with so-called reforms of insurance industry. its connected very intimately with the restructuring of medicaid. that is a...