Bondholders stories:
Trump, Bondholders Reach Deal Over 3 NJ Casinos
Nov 17th, 2009 - CNBC
Bondholders battling Donald Trump for control of
' three Atlantic City casinos have reached a deal allowing the casinos to retain Trumps' trademark name.
Under the deal to buy the company out of bankruptcy...UPDATE 1-NY senate sees revenues down 1.5 pct this yr
Nov 6th, 2009 - Reuters
(Adds details, new paragraphs: 3, 5-12) NEW YORK, Nov 6 (Reuters) - New York's Democratic-ledsenate on Friday said tax revenues will slip 1.5 percent in thecurrent fiscal year to $59.4 billion...
cit's bonds rise after prepackaged bankruptcy
Nov 2nd, 2009 - Reuters
NEW YORK, Nov 2 (Reuters) - CIT Group's (CIT.N) bondsrose on Monday, a day after the lender filed a prepackagedbankruptcy that will pay bondholders about 70 cents on thedollar plus new shares...
CIT's Bankruptcy May Help Bondholders and Erase Taxpayer Stake
Nov 2nd, 2009 - Bloomberg
Nov. 2 (Bloomberg) -- CIT Group Inc.’s decision to seekcourt protection probably will keep money flowing to bondholdersand 1 million customers of the 101-year-old commercial lender.
CIT Group files for bankruptcy, among biggest in US
Nov 1st, 2009 - Reuters
* Company plans to cut debt by about $10 billion * US seen losing most of $2.3 bln TARP funds invested * Bondholders to get equity in new company plus new debt * Common stockholders to get nothing (Recasts; adds analyst quote...
Bondholders videos from YouTube:
- Small GM Bondholders: Deal...A group of individuals who rely on General Motors bonds to pay their living expenses and other costs want a better deal than what the automaker has offered them, which could leave them with pennies on the dollar. (April 29)
- GM Bondholders Revolt, No...GM bondholders reject an offer, pushing the company closer to bankrupcy. Four states ban smiling in drivers' license photos, a new Lotus supercar may get a Japanese V10 and we look at some ...
- GM bondholders likely in...For those who follow finance it's no surprise that the bondholders denied the negotiations. There's no incentive for the bondholders to take any action because there's a good chance they'll get paid in full no matter what happens to GM.
- GM's Bondholder - BloombergWith Rick Wagoner gone, GM's new CEO Fritz Henderson, long time company executive and job one for him is winning concessions from the GM bondholders. (Bloomberg News)
