U. S. Motor Vehicle Industry

U. S. Motor Vehicle Industry PDF

Author: Stephen Cooney

Publisher: DIANE Publishing

Published: 2011

Total Pages: 53

ISBN-13: 1437939279

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This is a print on demand edition of a hard to find publication. In 12/08, Pres. George W. Bush provided financial assistance to GM and Chrysler -- $13.4 billion to GM and $4 billion to Chrysler from the Troubled Assets Relief Program (TARP). Ford did not need such assistance immediately but might require a line of credit in 2009. A further $6 billion was loaned to GM Acceptance Corp. (GMAC), and $1.5 billion to Chrysler Financial, the two manufacturers¿ respective credit affiliates. Contents of this report: Intro.; Auto Industry Loan Develop. in 12/08; Impact on the National Economy; The Domestic Motor Vehicle Market; Financial Issues in the Auto Industry; Financial Solutions: Bridge Loans and Restructuring; Pension and Health Care Issues; Stipulations and Conditions on TARP Loans to the Auto Industry.

Restructuring of the Federal Government (Classic Reprint)

Restructuring of the Federal Government (Classic Reprint) PDF

Author: United States Congress House Service

Publisher: Forgotten Books

Published: 2018-02-09

Total Pages: 124

ISBN-13: 9780656174669

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Excerpt from Restructuring of the Federal Government The rif costs are more substantial because, of course, we have to pay severance pay and unemployment costs. We have to pay the salary for those who are bumped, and they keep their same level of salary, and the transfer of station costs, as opposed to a buyout, which will only be a severance pay lump sum cash allow ance and a 9 percent payment to the retirement fund. So, again, the difference to rif 850 employees in the Forest Service is million, as opposed to buyout of million, and that is an incredible difference. If reduction in force is used, there will be a disproportionate loss to women, minorities, and our younger workers in general, and we have been striving over the last several years at the usda to in crease our representation of women and minorities in our work force. Regrettably, if we have to resort to rifs, we will lose some of these gains. In fact, California, Region 5 of the Forest Service, has been under a consent decree to increase the numbers of its women employees. So at the usda, we would like to have authorization for use of this buyout as early as possible this year if we are to be able to finance the payments and avoid salary and benefits expenses for Fiscal Year 1995 and beyond. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Auto Industry

Auto Industry PDF

Author: Gene L. Dodaro

Publisher: DIANE Publishing

Published: 2009-11

Total Pages: 48

ISBN-13: 1437915329

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In Dec. 2008 the Dept. of the Treasury established the Auto. Industry Financing Program under the Troubled Asset Relief Program. From Dec. 2008 through March 2009, Treasury has allocated about $36 billion to this program, including loans to Chrysler and GM. Three principles should guide fed. assistance to large firms: define the problem, determine the national interests and set goals and objectives, and protect the gov¿t. interests. This report discusses: (1) the nature and purpose of assistance to the auto industry; (2) how the assistance addresses the 3 principles; and (3) important factors for Chrysler and GM to address in achieving long-term viability and the challenges that they face to become viable. Charts and tables.

Sovereign Debt Restructurings 1950-2010

Sovereign Debt Restructurings 1950-2010 PDF

Author: Mr.Udaibir S. Das

Publisher: International Monetary Fund

Published: 2012-08-01

Total Pages: 128

ISBN-13: 1475505531

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This paper provides a comprehensive survey of pertinent issues on sovereign debt restructurings, based on a newly constructed database. This is the first complete dataset of sovereign restructuring cases, covering the six decades from 1950–2010; it includes 186 debt exchanges with foreign banks and bondholders, and 447 bilateral debt agreements with the Paris Club. We present new stylized facts on the outcome and process of debt restructurings, including on the size of haircuts, creditor participation, and legal aspects. In addition, the paper summarizes the relevant empirical literature, analyzes recent restructuring episodes, and discusses ongoing debates on crisis resolution mechanisms, credit default swaps, and the role of collective action clauses.