Relevant:
- Has Obama Committed Future Administrations to an Explicit Indirect Guarantee on Agency Debt?
- Ally Financial's ResCap Wants to End Foreclosure Review Process
- You're not STUCK with a low credit score. And you CAN'T afford to ignore it.
- ResCap to Start Exchange Offer on $14 Billion of Debt
- Greece moves to quell default fears, pledges to meet 'all obligations'
2008-05-05 — bloomberg.com
"
``There is a significant risk that we will not be able to meet our debt service obligations, be unable to meet certain financial covenants in our credit facilities, and be in a negative liquidity position in June 2008,'' ResCap said in a filing to the Securities and Exchange Commission today. "
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
