Hynix Semiconductor Inc., the world’s second-largest maker of computer-memory chips, plans to repay more than 1 trillion won ($888 million) in debt this year as a shortage in the industry may help the company post its biggest profit in four years.
Treasury Delay on Bank Home-Equity Debt Imperils Housing Pickup (Bloomberg)
Jan. 19 (Bloomberg) — The U.S. Treasury Department has failed to win agreements to get struggling borrowers’ home- equity debt reworked, among the biggest roadblocks to reducing foreclosures that may reach a record 3 million this year.
Treasury Delay on Bank Home-Equity Debt Imperils Housing Pickup (Bloomberg)
Jan. 19 (Bloomberg) — The U.S. Treasury Department has failed to win agreements to get struggling borrowers’ home- equity debt reworked, among the biggest roadblocks to reducing foreclosures that may reach a record 3 million this year.
Debt Repayment Plan Sparks Fiery Debate In Iceland (NPR)
Last week, Iceland’s president refused to sign a controversial bill to repay a $5 billion debt to Britain and the Netherlands, incurred when three Icelandic banks went belly up in October 2008. Now, the public may get to vote in a referendum.
U.S. Digs Deeper Into Debt – Political Punch
ABC News’ Matt Jaffe reports: Another month, another record federal deficit. The Treasury Department announced today that in July the deficit rose by $180.8 billion to a new record of $1.27 trillion. Over the course of the month, …
U.S. Raises Offer to Restructure Chrysler’s Debt (New York Times)
The Treasury Department has sweetened the terms of its offer to Chrysler ’s senior lenders on how to reduce the company’s debt with a new offer, a person with knowledge of the matter said Wednesday.
GM’s Debt Denial (Forbes)
Word they won’t make $1 billion debt payment makes bankruptcy seem more likely for Fritz Henderson’s automaker.
Recent Comments