Tag Archives: debt obligations


Fed orders CIT to submit capital plan

Reuters – The U.S. Federal Reserve has ordered CIT Group Inc, the cash-strapped corporate lender struggling to avoid bankruptcy, to submit a plan for raising capital and meeting debt obligations within 15 days. The order from the powerful regulator comes […]

Government Considering GM Debt/Equity Swap

New York (HedgeCo.Net) – The Obama administration is considering a deal in which they would forgive part of the $13.4 billion owed to them from General Motors Corp. in exchange for an equity stake in the company, according to a […]

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