Page 288 - Restructuring News Today

You cant have men do it. >> in some of the structuring weve done with the afghans this year, weve pushed the insertion of women much further ahead than we would have done otherwise. but its a big problem and theres societal challenges. the ability for a woman to stay for a long period of time in a training institution. married women with children are the predominant part of the population that come out here. and its very hard for them to leave their families to train. >> sure. >> but they are ve...

Protests against arizonas new immigration law are planned for today when governor jan brewer arrives for the annual governors meeting in boston. as a three day meeting, governors have one clear message. their states are being plagued by budget deficits. >> structuring government which is part of our discussion this weekend is really going to be part of what every governor is going to have to look at in the next legislative session. >> i think we all recognize that were not going to be able to ta...

Try and fight hunger, and people in america get hungry, so i decided to go in the restaurant business. you could go into it with a reasonably small investment, as small as you want to make, and i wanted to still keep working. ive worked all my life. and after i got let go, you know, i was let go on a restructuring, and so i really enjoy the restaurant business. i like to have happy customers. >> youre referring to when turner and time warner got together. >> right. >> turner broadcasting, time w...

Reduce the debt. so i propose greece should be restructured. there have been episodes of restructuring in emerging economies. it can be done instead of using official support to waste money. its better to restructure the death. >> how close or far away is america from finding itself in a similar or identical situation with its at the time? >> debt? >> not yet because europe is leading people to invest into dollar and treasury. but with a trillion dollars bet, 22012 another trillion. the u.s. sys...

Might have come from a big firm mental who appoints a trustee to handle the bankruptcy. the trustee hire hires the lawyers which belongings to this collapsed corporation and you dont have bidding. any bidding the lawyers and accountants or restructuring? or is it just paid? >> it is just paid. the u.s. trustees office tries its best. they are understaffed, overworked there are huge bankrupt sees out there, not just lehman, general motors, chrysler. the list goes on and on. theres really no one m...

Restructuring experts who come in and consult, they are billing hundreds of millions as well. >> greta: it is stunning. some of these things, billing for $2.54 for a stick of gum i read in the article, unbelievable. leaving a message, $48. limousine $2,100 for one partner for one month. photocopyties, $263. does anyone have a guilty conscience on this? >> not that i talked to. several didnt want to talk at all the ones that did say they are providing the best representation and good representati...

In and consult, they are billing hundreds of millions as well. >> greta: it is stunning. some of these things, billing for $2.54 for a stick of gum i read in the article, unbelievable. leaving a message, $48. limousine $2,100 for one partner for one month. photocopyties, $263. does anyone have a guilty conscience on this? >> not that i talked to. several didnt want to talk at all the ones that did say they are providing the best representation and good representation doesnt come cheap. were stun...

Might have come from a big firm mental who appoints a trustee to handle the bankruptcy. the trustee hire hires the lawyers which belongings to this collapsed corporation and you dont have bidding. any bidding the lawyers and accountants or restructuring? or is it just paid? >> it is just paid. the u.s. trustees office tries its best. they are understaffed, overworked there are huge bankrupt sees out there, not just lehman, general motors, chrysler. the list goes on and on. theres really no one m...

For those above 100,000 and a national insurance rise. but it also includes spending cuts in key areas. but we have one principal that we are adopting, and it is clear. we are not going to allow the front line national health service or schools. we will find the cuts in other areas as we have set out, including in public sector pay and pensions and including the restructuring of government. i do say one thing that is crucial. dont believe we can fail to support the economy this year. if we fail ...

So theres not any major refinancing any time soon. what it really comes down to, is there a credible plan to pay down the debt? its likely -- just as you and me having a mortgagor overdraft, does our bank manager think that we can pay it back and have we proved our ability to do so? and what theyre basically saying in greeces case at the moment is that thats not the case. if there was to be a restructuring and default, the ramifications are so colossal in europe with the youeuro zone t nobody wa...