Page 284 - Restructuring News Today

By 60%. the 50.4% owned by the bulgari family is being sold to lvmh and the current ceo of bulgari will remain on or will move to the board of lvmh. now, lets have a quick look at the greek economy. weve got news there from rags to riches only two weeks ago the protests in greece turned violent. and now the country has suffered another blow. moodys has slashed greeces credit ratings by three points. the ratings agency has downgraded greece from b-1 to ba-1. and moodys says the restructuring is...

Economy. and this $165 million loss -- if it is not met tomorrow is real. and there will be layoffs. governor walker isnt choosing to lay off people because he wants to. its because we are broke. and president obama mentioned vilifying public employees. we are not vilifying public employees and teachers. we value their service. but what we are trying to do is what the voters told us they wanted to do in the last election, get control of our spending, our debt and our deficits and get the state b...

And the when. in 165 million dollar loss, if it is not met tomorrow is real and there will be lay-offs. governor walker isnt choosing to lay-off because he wants to, it is because we are broke. as president obama mentioned vilifing public employees. we are not, we value their service. what we are trying to do is what the voters told us they wanted in the last election. get control of our spending, debt and deficits and get the state back on the right track. we have to deal with our labor costs. ...

Very did you have than president obamas decision. >> as you know from your last time out. at aation is a big issue. you talk in the book about a flat tax system. up yesterday, there are three ways to answer a question about taxes. yes, no, not now, yes, no, or not now. this is not now. so you do believe it is possible a president would have to raise tax, i assume because of the deficit in the country. >> i dont think thats necessary. i really dont think there is a need for more revenue in the go...

What we -- what needs to be done now is that we need to increase the accelerator on the -- on the reform side. and that will only be positive for our future. >> now, you sold a minority stake in alba to international investors. is it unreasonable to believe that other investors will come in to take other stakes that you hold in the country? >> i am sure -- i am sure we will have a lot of interest. we will emerge out of this problem we have today a much stronger country and much stronger economy....

Do with failure of the democrats to articulate a narrative that made sense to people and a plan how to get us out of here. >> the governor you heard him say in the press conference theres a friday deadline looming on restructuring of the states debt. if that isnt met, that could lead to some layoffs, fairly quickly. do you think that deadline is real, and do you think it might force the hand of the democratic senators? >> i dont know how real it is, and i dont know whose hand it forces. i think ...

How to get us out of here. >> the governor you heard him say in the press conference theres a friday deadline looming on restructuring of the states debt. if that isnt met, that could lead to some layoffs, fairly quickly. do you think that deadline is real, and do you think it might force the hand of the democratic senators? >> i dont know how real it is, and i dont know whose hand it forces. i think it is complicated. either side, for walker, hes already been given the money now. he cant say le...

>> the governor you heard him say in the press conference theres a friday deadline looming on restructuring of the states debt. if that isnt met, that could lead to some layoffs, fairly quickly. do you think that deadline is real, and do you think it might force the hand of the democratic senators? >> i dont know how real it is, and i dont know whose hand it forces. i think it is complicated. either side, for walker, hes already been given the money now. he cant say lets try to vote on the colle...

Negotiating table. he didnt use that word. even said the country has 48 hours to sit down and talk. some restructuring that would be made. the question is tonight will that be enough to satisfy the protesters and the people in tripoli who as we heard from your guest on the line just before from the libyan capital said theres gunfire and clashes this evening. >> everyone we have cell phone here from libya, even libyans living here in america say they dont believe what he said. they shouldnt wait ...

Gadhafi. i think what is really interesting if you were a demonstrator in libya today watching that, having anticipated it for so many hours, which was the carrot and which was the stick. he offered to meet within 48 hours and said it would be essentially a restructuring of the country, warning it was at a national crossroads now. and warning again and again about civil war. warning that investors would pull out. warning that a libyan would go back to civil war, that they had seen in the 1930s i...