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Blackstone Said to Attempt to Cut Hilton Debt

Posted by on Oct 28th, 2009

The Blackstone Group is in talks with lenders about slicing off as much as $5 billion from Hilton Worldwide ’s $20 billion debt load, in an effort to protect the firm it bought during the buyout boom, The Wall Street Journal reported, citing people familiar with the matter.

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Blackstone Said to Try to Cut Hilton Debt – DealBook Blog …

Posted by on Oct 28th, 2009

Blackstone Group is in talks with lenders about slicing off as much as $5 billion from Hilton Worldwide’s $20 billion debt load, in an effort to protect the firm it bought during the buyout boom, The Wall Street Journal reported.

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CIT Group increases, extends debt exchange offer

Posted by on Oct 26th, 2009

In the latest sign CIT Group Inc.

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CIT Group increases, extends debt exchange offer

Posted by on Oct 26th, 2009

In the latest sign CIT Group Inc.

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Amending tax return to report direct rollover from annuity to IRA?

Posted by admin on Oct 24th, 2009

Jules asked: I forgot to report a direct rollover (no tax liability, $0) on 16a of IRS Form 1040. Does anyone know how to amend the tax return to reflect this information? I don’t see a line for it on 1040x. Any advice is appreciated. Thanks.
Thanks so much for this response. Will do!

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Our romance with debt will cost us

Posted by on Oct 24th, 2009

Unless we value fairness, reciprocity, and honest dealing, and the concept of balances — for debt and credit depend on them — and unless we are able to trust our systems, we would not be able to have debt and credit — no one would lend, because there would be no expectation of ever getting paid back.

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How to file tax for my kid? file seprately or include in my tax return?

Posted by admin on Oct 24th, 2009

yhooiscool asked: My kid has about $1700 LT capital gain, $250 Interest and $150 dividend. What is the best way to handle this situation?
1. Include everything in my tax return?
2. File separately?
Please advise with pros and cons.
Thanks.

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Arcadia Year Profit Up And Debt Reduced

Posted by on Oct 22nd, 2009

Arcadia , the fashion group owned by billionaire Philip Green, on Thursday posted a 13 percent increase in full-year profit along with solid current trading and said it had significantly cut its debt.

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Arcadia Year Profit Up And Debt Reduced

Posted by on Oct 22nd, 2009

Arcadia , the fashion group owned by billionaire Philip Green, on Thursday posted a 13 percent increase in full-year profit along with solid current trading and said it had significantly cut its debt.