Word: bankrupts
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Dates: during 2000-2009
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...market share continuing to fall, General Motors Corp. is hoping more than 35,000 blue-collar workers will accept an early retirment package and, as a result, help expedite the floundering company's much-needed restructuring. It also hopes the packages will help bail out its principal supplier, the bankrupt Delphi Corp. But as so often happens with GM's attempted comeback, the announcement raised as many questions as answers...
...wage cuts at Delphi, which is also covered under the buyout agreement. The buyouts give the union a little more room for bargaining on future concessions, says McAlinden. With the buyout agreement in place, representatives from the UAW and Delphi Corp. are slated to resume discussions on rewriting the bankrupt company's existing contract with the union. GM representatives also are expected to participate in the talks, suggesting that GM plans to keep a close eye on the discussions in an effort to head off any possibility of a strike that could cripple the automaker's operations across North America...
...scene were the value players, who saw in the crash the opportunity to find treasure. And diamonds there were aplenty; after all, Japan has a massive and highly sophisticated economy. Some of the early successes in recovery, such as Nissan, and Shinsei Bank, created from the shell of the bankrupt Long-Term Credit Bank, served to create an inkling of confidence. Companies began to clean house. Entire sectors of the economy were reorganized. Twenty steel businesses became four; nearly two dozen banks became three. Then China's explosive growth and a rebound in the U.S. kicked the fabled Japanese export...
...scene were the value players, who saw in the crash the opportunity to find treasure. And diamonds there were aplenty; after all, Japan has a massive and highly sophisticated economy. Some of the early successes in recovery, such as Nissan, and Shinsei Bank, created from the shell of the bankrupt Long-Term Credit Bank, served to create an inkling of confidence. Companies began to clean house. Entire sectors of the economy were reorganized. Twenty steel businesses became four; nearly two dozen banks became three. Then China's explosive growth and a rebound in the U.S. kicked the fabled Japanese export...
...program is all with the aim to enable people to take action on their ideas.” St. Louis Rams’ guard Adam Timmerman, an 11-year veteran of the NFL, said he does not want to join the ranks of NFL players who he said go bankrupt following retirement. Over the next month, the players will develop potential business plans on their own, which they will workshop and refine during the second module of the program from April 3-5. The same number of players will participate in the program next year while the NFLPA sizes...