Page 267 - Restructuring News Today

Want to deal with this. why the republicans dont like to talk about it at all and why the democrats when they do talk about it do so very cautiously. quite simply, if we were to reveal the potential fraud in the $13 trillion worth of debt, that could precipitate a meaningful restructuring in the banking apparatus, in the entire banking system. how do you manage the necessary ruthlessness to do this and still have the necessary compassion to know that you dont want to bring the banking system to ...

release your income tax so the people can see how you made your money. >> we know why releasing is so hard for mitt. rom nay pays a tax rate closer to 15%, and part of the reason why its a loophole. not only legal, but pretty standard, but it doesnt feel fair and square. heres the bottom line. he was the founder and partner in bain capital. when youre a partner in a private equity firm, you get a cut of the profits you make. usually, 20%. now, stay with me because what happens here add...

happened in that tax return. lets go "outfront." good evening. im erin burnett, "outfront" tonight, mitts taxes. now, romney is caving in to the mounting pressure. >> i think both president obama and hillary clinton released their taxes in 2008. just strikes me that governor romney ought to step and follow the same procedure. >> i dont know what my effective rate of tax is, but im fairly confidence its a lot higher than 15%. >> mitt, we need for you to release your income tax so the pe...

>> the damage and the cries for help. the claim their government is out to kill them. cnns nick robertson with an exclusive story. to the rescue. >> what does this now mean for you? >> i will be able to pay my mortgage every month on time. >> go back to the basics. >> solving the mortgage crisis. we find out this hour. that and more right here, right now on cnn. im don lemon and we begin with breaking news. a major shake-up in the battle for president. he said he had a ticket to ride...

help, the claims their government is out to kill them. cnns nic robertson with an exclusive story. >> what does this now mean now? >> ill able to pay my mortgage every month on time. >> solving the mortgage crisis from a very unlikely savior. could he help save your home? we find out this hour. that and more right here, right now on cnn. this is cnn breaking news. >> im don lemon. thank you so much for joining us. were going to begin this newscast with breaking news tonight. a major ...

Abo about. >> rick: but a lot of times a private equity firm comes in and do restructuring, people lose their jobs, is that not right? >> that is exactly right. sometimes that happens but, a private equity firm like bane capital and i know bain capital well, they dont show up in your door, they are invited in by the board of directors and management of these companies. they go into those companies, evaluate, figure out what they might be able to do to help the company and, again with the board o...

Is just another political ploy to put the republicans in a difficult position. and just like the same time he brought this up before. dont think we are going to see movement on it. >> bret: liz? >> politics are good. i think obama is facing a likely opponent who is casting himself as the master of restructuring and making things more efficient. today he comes out and says he wants to restructure and make the federal government efficient. its small potatoes in the larger scheme of things but some...

Is just another political ploy to put the republicans in a difficult position. and just like the same time he brought this up before. dont think we are going to see movement on it. >> bret: liz? >> politics are good. i think obama is facing a likely opponent who is casting himself as the master of restructuring and making things more efficient. today he comes out and says he wants to restructure and make the federal government efficient. its small potatoes in the larger scheme of things but some...

>> greta: so if this business is doomed, its not a restructuring and its not going to be roaring success, the idea of paying bonuses to the remaining 84 employees, it sounds like a fire sale, put it up on ebay? >> it is kind of a fire sale. they are saying, there has to be somebody around to do the fire sale. if you are a good employee and you are working for solyndra. you have no future for the company so they are worried they will leave. >> greta: where are they going to go? they would be bett...

possible. myanmar and former prime minister, they report 651 prisoners are scheduled to be released starting today. also, the government has signed a cease fire with the current ethnic group to try to end a 63-year armed conflict. u.s. secretary of state hillary clinton is calling for an end to the arab leagues work. theyve criticized the mission as ineffective and understaffed. theres been no letup in the fuel price protests paralyzing my gear yeah talks between the labor unions...