Posts Tagged ‘Government’

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Chrysler CEO seeks government loan refinancing

Chrysler CEO seeks government loan refinancing
SAN FRANCISCO (AP) – Chrysler CEO Sergio Marchionne says he hopes to reach a deal with banks to refinance the company’s high-interest government loans by the end of the first quarter.

Read more on Your Hometown Lima Stations

Government to audition bankers for AIG offering – report

Government to audition bankers for AIG offering – report
The U.S. government will audition bankers to manage a public offering of its stake in insurer American International Group according to a report on Saturday in the Wall Street Journal.

Read more on Reuters via Yahoo! UK & Ireland News

Drop-side baby cribs banned as government changes standards

Drop-side baby cribs banned as government changes standards
When Kate Grybb Yates of Plymouth shopped for a crib as a mother-to-be nearly four years ago, she relied on reviews in a book titled “Baby Bargains” to help her discern which manufacturers to avoid and which features to covet.

Read more on Detroit Free Press

220,000 Government files destroyed

220,000 Government files destroyed
More than 220,000 files relating to payments from the Government’s Social Fund, which administers loans and grants, were accidentally destroyed by jobcentre staff in the past year in a paper reduction exercise, it has been revealed.

Read more on Evening Standard

US, EU airlines decry government aid to rivals

US, EU airlines decry government aid to rivals
US and European airlines on Wednesday joined forces to press governments to halt assistance to rival carriers buying Boeing and Airbus jets, an official said Wednesday.

Read more on AFP via Yahoo! News

Government should front up on student loans

Government should front up on student loans
The Government should front up to the public on its plans for collecting and managing student loans, which could mean increased costs for borrowers as private companies seek to make money out of the student loan scheme, Grant Robertson Labour Tertiary Education Spokesperson said today.

Read more on Scoop.co.nz

Government dumps Green Loans after scathing reports

Government dumps Green Loans after scathing reports
Climate Change Minister Penny Wong is to dump the Government’s Green Loans scheme, after three scathing independent reports exposed extensive mismanagement.

Read more on Yahoo!7 Finance

Private Mortgage Modifications Overshadow Government Program

Private Mortgage Modifications Overshadow Government Program
Struggling homeowners are obtaining revised loans offered by servicers in much higher numbers than those who turn to HAMP. Foreclosure – Chief Executive Officer – Loan – Mortgage – Wells Fargo

Read more on The Atlantic

Irish government bails out top savings and loans bank

Irish government bails out top savings and loans bank
One of Ireland’s leading saving and loans institutions, the Educational Building Society (EBS), has been bailed out by the Irish government to the tune of $1 billion dollars after failing to attract private capital.

Read more on Irish Central

Manufacturers Commend General Motors for Repayment of Government Loans

Manufacturers Commend General Motors for Repayment of Government Loans
In response to company’s announcement, NAM President John Engler said organization commends General Motors for repaying government loans ahead of schedule. Citing this as positive step on road to economic recovery, Engler said, “The American auto industry represents the country’s largest manufacturing base and is critical to manufacturing renewal, which will create quality jobs and grow the …

Read more on ThomasNet