Mon, Apr 6th, 2009
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April 7 (Bloomberg) -- MBIA Inc. was sued by Third AvenueManagement LLC, the New York company founded by mutual fundmanager Martin Whitman, over claims the insurer’s split of itsbond-insurance businesses hurts debt holders.
Three mutual funds managed by Third Avenue bought notesissued by MBIA Insurance Corp. in February 2008 based onassurances that the company was recapitalizing following lossesin its structured finance insurance business, according to astatement distributed yesterday by PR Newswire.
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Fiat, Chrysler Pushing Debt Holders, Union to Wrap Up Deal
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Karen Stabiner: The Double-Tall, Extra-Hot, Skim Cappuccino Stimulus Plan
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As world leaders ponder how to remedy the global economic mess, a shout-out to the team at the Starbucks at Third Avenue and 23rd Street in Manhattan, for acting as though life is good...
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Mar 29th, 2009 - Freep.com
As negotiations with bondholders push further into the year, General Motors Corp. faces a looming deadline to reach a deal with debt holders prior to June 1 or face possible default on $1 billion in notes.
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