Page 268 - Restructuring News Today

Cut and decided were going to leave the pensions and medical benefits alone, by golly thats say credits, but you unions, youre going to help us cut work expenses, rules, et cetera. the problem, the unions ended up saying no and turning it down after coming out of chapter 11. drivers cant load their trucks a separate person does it and things are delivered to stores in separate trucks. >> greta: why wasnt that part of the restructuring when it came out of the first bankruptcy. why on the hope and...

Cut and decided were going to leave the pensions and medical benefits alone, by golly thats say credits, but you unions, youre going to help us cut work expenses, rules, et cetera. the problem, the unions ended up saying no and turning it down after coming out of chapter 11. drivers cant load their trucks a separate person does it and things are delivered to stores in separate trucks. >> greta: why wasnt that part of the restructuring when it came out of the first bankruptcy. why on the hope and...

2006 twinkies and -- twinkies and wonder bread is preparing to file for chapter 11. the companys reportedly facing a major money crunch of more than $800 million. i remember going to that thats in the -- nanas in the summer, and she would fill us full of twinkies, and i came home one summer, and my family looked at me and said, oh, boy. [laughter] had a little too much fun at nanas, didnt you? eastman kodak is fighting to stay out of bankruptcy, we told you about this earlier last week. the comp...

Voters but that doesnt mean they wont damage romney. it will provide fodder for similar attacks that have already started from the obama camp. romney will need answers and he will be wise to start developing them now. sure, a lot of voters get it. successful capitalism involves layoff and other cost cutting to make the businesses more efficient and profitable. they may even understand that profits are the purpose of a business and that jobs are a byproduct. that doesnt mean they like it about th...

with jon huntsman. im wolf blitzer, youre in "the situation room." the first primary beghaj at midnight in new hampshire. most polls close three hours from now. well have complete coverage. here is what were watching for. first, mitt romneys margin of victory. final polls show him with a nearly 20-point lead. if romney wins big he may see almost invincible heading into south carolina. if he doesnt win big, he may seem beatable, at least some experts predict. second, who comes in ...

Nina, at the moment most people are saying that there will be some sort of recession. it may be mild, but there definitely will be negative growth in europe this year. >> yeah, particularly considering as weve got unemployment standing at about 10.3% for the eurozone and growing every single day. 2012 it seems, as you were just saying, andrew, may not be a walk in the park for europe, but lets point out that some people are doing quite nicely. one of these people is the head of world banking sco...

man has been sentenced to death. the countrys court has found him guilty of working for an enemy country, meaning the united states, and spying for the cia. ven ne swale len president chaff vez -- mahmoud ahmadinejad is going to cuba, ecuador and nicaragua. hes hoping to shore shore up support. an american pop star surprised her fans when she announced her pregnancy to the world during the mtv video awards back in august. beyonce and her husband, jay-z, welcomed their baby girl int...

Debt. if can i print money out of thin air, i can delete a few zeros on the way out. >> we need serious debt restructuring, in u.s. and europe. in the u.s., we have mortgage debt that needs to be restructured. but we cant do those because we have these zombie banks that are so week that if we did the restructuring, they would fall apart. they would collapse. >> so yalman, if i take the premise that we have zombie banks. im sure we have lots of them, not as many as we had two years ago. we have t...

The way out. >> we need serious debt restructuring, in u.s. and europe. in the u.s., we have mortgage debt that needs to be restructured. but we cant do those because we have these zombie banks that are so week that if we did the restructuring, they would fall apart. they would collapse. >> so yalman, if i take the premise that we have zombie banks. im sure we have lots of them, not as many as we had two years ago. we have them in europe -- >> you cant even tell sometimes. >> you cant tell. but ...

And equal opportunity and the equation was the fiscal crisis that the country is under. they had to add that this was going to happen anyway with the words receding as the president put it and you quoted and the fact that as the period said exceeding in defending the nation, there is a restructuring and a cutting back and the president was quick to add at the end that this is not a cut of the defense budget. they will be growing, but its going to be a cut in the rate of growth of the defense and...