Hints and tips:
...Kroll Bond Rating Agency last week wrote that it expected delinquency rates in the consumer loans it tracks to rise, but it added that “the passage of the $2tn federal stimulus package on March 27, as well...
...At the end of last year it was involved in an attempt to rescue Woolworths, seeing the potential to turn round a slimmed-down version of the pic’n’mix chain....
...The past decade’s dizzying gentrification of many of New York City’s once-rough neighbourhoods – from 125th Street in Harlem to the old piers of Brooklyn’s Red Hook – has passed E.N.Y. by....
...Graffiti images of the Belgian flag above the words, “This is not a country” – a take on Magritte’s “ Ceci n’est pas une pipe” – are just one sign of the tensions....
...Simon Freakley, administrator of T&N and chief executive of Kroll, said the negotiations with bondholders had been tough....
...Kudos should rightly be extended to two people in particular; Simon Freakley, chief executive of Kroll and administrator to the insolvent T&N business, and Tim Culverhouse of Alexander Forbes Trustees....
...That has been the task facing Simon Freakley of Kroll, the joint UK administrator of T&N, since Federal-Mogul went into Chapter 11 bankruptcy protection in 2001 because of asbestos liabilities and a restructuring...
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