Debt Management
Debt Management News and Debt Management Information.

Troy Clarke Named President of GM North America 
The Auto Channel - May 30 8:23 PM
DETROIT May 30. 2006; Troy Clarke has been appointed president of GM North America and GM group vice president, effective July 1, General Motors Chairman and CEO Rick Wagoner announced today.Save to My Web

Daewoo Founder Is Sentenced for Fraud Charges 
New York Times - May 30 8:33 AM
Kim Woo Choong was sentenced today to 10 years in prison and ordered to forfeit 21.4 trillion won, or $22.57 billion.Save to My Web

South African Manganese goes for a spin 
Mineweb - May 31 7:30 AM
MOSCOW (Mineweb.com) — Victor Vekselbergs commitment to invest in South African mining, through Renova and a group of black empowerment companies created in league, appears to be heading for a fork in the road, less than a year after the Renova alliance acquired a manganese mining concession at two sites in the Kalahari, Heuningdraai and Mooidraai.Save to My Web

Briefing 
The Ledger - May 31 4:07 AM
GM Appoints New Operations ChiefSave to My Web

CEO leads US$134bil bid for Kinder Morgan 
The Star Online - May 30 4:29 PM
NEW YORK: The chief executive of oil and gas pipeline operator Kinder Morgan Inc said on Monday that senior management and investors, including a unit of Goldman Sachs, have proposed buying the company for US$100 a share and taking it private.Save to My Web

Eurotunnel to detail debt deal with creditors 
Tiscali - May 31 2:35 AM
“We will give details on our debt agreement with the ad hoc committee (of creditors) and on financing,” a spokeswoman said. Chairman Jacques Gounon is due to host a news conference in Paris at 0930 GMT (10:30 a.m. British time).Save to My Web

Strategic Global Income Fund, Inc. — Dividend/Distribution Characteristics for May 2006 
[Press Release] Business Wire via Yahoo! Finance - 1 hour, 16 minutes ago
NEW YORK—-May 31, 2006–Strategic Global Income Fund, Inc. , a non-diversified, closed-end management investment company seeking a high level of current income as a primary objective and capital appreciation as a secondary objective through investments in U.S. and foreign debt securities, today announced its dividend/distribution characteristics for the month of May 2006.Save to My Web

Tribune May Repurchase 25% of Stock 
Los Angeles Times - May 31 12:24 AM
The buyback could cost the media company, owner of The Times, $2.4 billion. The firm’s stock leaps, as intended, but its debt rating sinks.Save to My Web

Federal Diary Live 
Washington Post - May 31 10:25 AM
The Post’s Stephen Barr is the author of The Federal Diary , which runs Monday through Friday in the Business news section. Steve has been a reporter and editor at The Post since 1979, including stints as Federal Page editor, congressional editor and a National staff writer covering federal management and workplace issues. He began writing the column in May 2000, and takes the column live to Save to My Web

SUZE ORMAN: Test your money management know-how
Detroit Free Press, United States - May 28, 2006 make the grade when it comes to smart money management. can handle a variety of types of debt; it's another your money to compound is going to help your bottom

Korean Bonds Rally as Won Gains; 20-Year Sale Planned (Update1)
Bloomberg - May 28, 2006 will sell 6.6 trillion won of 20-year debt this year allow their currencies to appreciate to help ease global $2 billion at Hanil Investment Trust Management Co

Tuesday Newspaper Review - Irish Business News and International
FinFacts Ireland, Ireland - May 30, 2006 by paying down old dollar-denominated debt and instead will be taken by the management committee of and inviting foreign oil companies to help expand output.

SOFFRONT RELEASES SOFFRONT CRM VERSION 8.6
TMCnet - 22 hours ago back office applications and configuration management software such customer service and employee help desk Soffront is privately held, debt-free, and profitable

Pakistan sets sights high on GDP
International Herald Tribune, France - May 29, 2006 by President Pervez Musharraf in 1999 to help turn around $1.9 billion in three foreign-currency debt offerings since plans to start an asset-management company

Market volatility makes gilt suffer
Telegraph.co.uk, United Kingdom - May 23, 2006 The Debt Management Office has suffered the worst gilt auction in over three years as investors shied away from a 50-year government bond in the light of

One Travel Management Co Happy to Grow Smaller
Scoop.co.nz (press release), New Zealand - 10 hours ago came with the assumption of considerable debt. We recognised that the trend towards globalisation and centralisation of corporate travel management wasn t

MFs to unveil arbitrage, derivative funds
Sify, India - 1 hour ago ten per cent (which is twice as much as the conventional short term debt funds) from The Tata Equity Management Fund seeks to moderate the downside risk to the

Hanger Orthopedic Group, Inc. Successfully Completes Global
PR Newswire (press release), NY - 21 hours ago strong cash flow generation enabled us to refinance our debt on favorable In addition, the participation of Ares Management provides further indication of the

UK DMO to auction 2.75 bln stg 40 year gilts June 7
Forbes - 13 hours ago LONDON (AFX) - The Debt Management Office said it will auction 40-year gilts worth some 2.75 bln stg on June 7. The Treasury gilt

POST OF THE DAY
Motley Fool - 14 hours ago very conservatively, despite some slight concerns we might have over debt and current I think this all paints a picture of a management very much interested in

The heart is their soul
The Herald, WA - 9 hours ago Merging the companies eliminated that debt and created a stronger company the wake of the merger, Cardiac Science's newly combined management slashed between

Columbus McKinnon Reports Significant Increases in Net and
MSN Money - 17 hours ago increasing effective capacity on a reduced manufacturing footprint, * Pay down debt to reduce 2006 at 10:00 AM Eastern Time at which the management of Columbus

Bombardier Announces Financial Results for the First Quarter Ended April 30, 2006 
SYS-CON Media - May 30 7:20 AM
(All amounts in this press release are in U.S. dollars unless otherwise indicated.)Save to My Web

Kinder Morgan may go private 
The Globe and Mail - May 30 5:43 AM
HOUSTON Richard Kinder, the chairman and CEO of Kinder Morgan, Inc., made an offer Monday to take the company he heads private in a cash-and-debt deal worth $22-billion (U.S.).Save to My Web

S&P, Moody’s may cut Kinder Morgan to junk status 
Reuters - May 30 1:21 PM
NEW YORK (Reuters) - Standard & Poor’s and Moody’s Investors Service on Tuesday said they may cut their ratings on Kinder Morgan Inc. KMI.N to junk status, citing an expected increase in leverage to fund a proposed buyout of the oil and gas pipeline operator.Save to My Web

Rich Kinder Leads $13.4 Billion Bid for Kinder Morgan (Update2) 
Bloomberg.com - May 30 1:07 AM
May 30 (Bloomberg) — Richard Kinder is leading a $13.4 billion bid for Kinder Morgan Inc., the pipeline company he co- founded in 1999, as rising energy prices boost returns.Save to My Web

Management Group and Investment Partners Propose to Take Kinder Morgan, Inc. ‘Private’ at $100 Per Share 
Boursorama - May 29 2:53 PM
HOUSTON, May 29 /PRNewswire-FirstCall/ — Richard D. Kinder, the Chairman and CEO of Kinder Morgan, Inc. , today announced that he, together with other members of management, co-founder Bill Morgan, current board members Fayez Sarofim and Mike Morgan, and investment partners Goldman Sachs Capital Partners, American International Group, Inc., The Carlyle Group and Riverstone Holdings LLC, has Save to My Web

Treasurer: Mississippi on better fiscal footing
Meridian Star, MS - May 22, 2006 focused and prioritized our new debt issuance, such that we could help accomplish the some things being done in respect to the state s debt management policy

State treasurer's office to conduct conference at YSU's
Youngstown Vindicator, OH - May 24, 2006 include budgeting, credit and debt management, estate planning planning and effective money management for children. valuable insight to help women navigate the

Hedge funds in a spin
Independent, UK - May 27, 2006 from normal company stocks, to distressed debt to commodities Gordon McAra, of the Alternative Investment Management Association, a "It will help remove the

Foundation rock-solid for Mexico's cement giant
Chicago Tribune, United States - 11 hours ago paying down the $10 billion in debt weighing on good strategy, good organization and good management," Roberts said 2009, which analysts say could help ease US

CEO wants to take Kinder Morgan private 
Market Watch - May 29 5:30 PM
SAN FRANCISCO (MarketWatch) - A group led by the chief executive and co-founder of Kinder Morgan Inc. said Monday it is offering take the major midstream energy company private in a $22 billion deal that would be the largest management buyout in U.S. history.Save to My Web

Fitch estimates China bad loan losses at $220 billion 
Market Watch - May 30 4:45 AM
HONG KONG (MarketWatch) — China’s financial system could face $220 billion in losses due to bad loans, according to a report released Tuesday by Fitch Ratings.Save to My Web

S&P Assigns ‘BB’ Ratings to Harbor Point’s Bay Point Re 
Insurance Journal - May 30 3:01 AM
Standard & Poor’s Ratings Services has assigned its ‘BB’ counterparty credit rating to Bay Point Re Ltd. and its ‘BB’ senior secured debt rating to Bay Point’s term loan debt facility of up to $Save to My Web

NNPC, Others Owe NPA N13bn 
This Day - May 29 5:52 PM
Nigerian Ports Authority will on June 16, stop ship and harbour services to ships calling at the nation’s ports, including those of the Nigerian National Petroleum Corporation (NNPC) over a debt profile of N12 bn.Save to My Web

Spending discipline, boosting revenue priorities in budget policy 
Interfax - 40 minutes ago
MOSCOW. May 30 (Interfax) - Improving the management of finances, increasing the transparency and effectiveness of budget spending, and boosting revenue by stimulating business activity in the regions are the priorities of budget policy announced in the presidential budget message.Save to My Web

Govt is now after the MFs; to impose service tax
Economic Times, India - 13 hours ago are requested to indicate whether service tax is being paid by your organisation on the fund management charges indicated Debt funds are not charged any loads.

ARM wrestling with your mortgage
Chicago Sun-Times, United States - May 29, 2006 translates to higher rates on everything from credit-card debt to car certified financial planner and portfolio manager for Cozad Asset Management in Champaign

Wealth management more than just a portfolio
Parksville Qualicum News,  Canada - May 12, 2006 By Jim Grant. One of the most important aspects I stress in helping investors accumulate, grow, and ultimately preserve wealth, is debt management.

Insider Tips on Maintaining a Good Credit Score During Credit
CardRatings.com, AR - May 25, 2006 consumer. Interest rates in a Debt Management Program (DMP) vary widely from one financial institution to another. Therefore why

Debt Management Operation Settles FTC Charges - Companies
Community Dispatch (press release) - May 3, 2006 that they deceptively marketed themselves as a not-for-profit enterprise to entice financially distressed consumers to enroll in debt management plans, and

Look for debt help with care
San Antonio Express (subscription), TX - May 21, 2006 In Texas, a debt management firm must have a 501c(3) designation from the IRS to serve consumers. Choose an agency that holds a state license.

Default Risks in Brazil, Mexico, Peru Rising in Credit Markets
Bloomberg - 55 minutes ago default swaps is an obvious way,'' said Boris Segura, who helps manage $900 million in emerging-market debt at Standish Mellon Asset Management in Boston.

UK DMO schedules 8 gilt auctions for July-Sept; 5 to be for long
Forbes - May 23, 2006 LONDON (AFX) - The Debt Management Agency said it has scheduled eight gilt auctions for the period from July to September, at least five of which will be

Insider Tips on Maintaining a Good Credit Score During Credit
CardRatings.com, AR - May 25, 2006 consumer. Interest rates in a Debt Management Program (DMP) vary widely from one financial institution to another. Therefore why