On January 24, bankruptcy was on the minds of the editors of the New York Times with the venerable “Old Gray Lady” posting 2 bankruptcy articles: In
Also tagged bankruptcy-court, federal-judge, filed-because, judge-on-feb, minds, the-editors, venerableFive consumer and civil rights groups issued a joint statement Jan.
Also tagged ability, bankruptcy-court, citigroup, civil-rights, federal-judge, forcing-lenders, groups-issued, judges-the-ability, quick-action, take-losses, the-editors, venerableLike many people, I assumed that the Treasury Department, as part of its the bailout plan for the financial industry, would buy up bad debt at less than market value. I wondered how firms would make up for the hole that would leave in their balance sheets
Also tagged bad-debt, citigroup, debt-at-less, federal-judge, financial, forcing-lenders, hole, the-editors, treasury, treasury-department, venerable, wondered-how