Oct. 27 (Bloomberg) — Carl Icahn , who says he’s the largest bondholder of CIT Group Inc. with $2 billion of debt, is offering to limit the downside for smaller noteholders if they support him in opposing the lender’s $30 billion debt exchange.
Icahn offers to buy outstanding CIT Group debt (AP via Yahoo! News)
Billionaire investor Carl Icahn offered Tuesday to buy certain classes of debt from CIT Group Inc. bondholders as he tries to thwart a restructuring plan by the commercial lender.
Paying Down the National Debt via YouTube « Visualizing Economics
Homemade video trying to show why it is not a problem that China owns part of the U.S. government’s debt. Scroll 3 minutes into the video and you can see how he used low-tech paper to explain what would happen if we pay down the debt. …
Investor Icahn offers to buy CIT Group debt if bondholders agree …
Billionaire investor Carl Icahn offered Tuesday to buy bonds from CIT Group Inc.’s smaller bondholders at a discount as he tries to thwart a restructuring plan by the commercial lender.
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