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RichardFeferman

  1. CIT is the largest provider of traditional SBA loans.
  2. Additional stress on banks resulting from failing businesses is predicted by credit insurer Euler Hermes.
  3. "Some of Clear Channel's largest lenders would rather wait than swap debt for equity". Wait for what - a default?
  4. Rueters speculates fight over Clear Channel Outdoors may be brewing.
  5. Bernanke says,"recovery will only gradually gain momentum and that economic slack will diminish slowly" reports CNN Money.com.
  6. Congress will be exercising jurisdictional oversight in Chrysler and GM Chapter 11 cases.
  7. 7,514 commercial bankruptcy filings in May 2009 compared to 5,354 commercial filings in May of 2008.
  8. What is the magnitude of a GM ch 11? - It is enormous!!! See this NY Times link: http://www.nytimes.com/2009...
  9. Latest on GM: http://www.reuters.com/arti...
  10. I don't see how GM can avoid Ch 11. Too many multiparty agreements to execute outside of court.