Money Snatchers

The debt has implications for savers and investors:

Government debt is growing, as is the deficit. The economy is struggling to get out of recession and there is talk of spending cuts or higher taxes

Centerline Capital Group said Monday it has completed a series of deals that allows the real estate asset management firm to substantially restructure its outstanding debt.

Greek Prime Minister George Papandreou confronted more anti-austerity protests Thursday and tested international support for his battle against debt with a new multi-billion-euro bond.

Greece’s debt agency announced Thursday that it would issue 8 billion euros in five-year bonds a day after its government announced new austerity measures worth 4.8 billion euros to battle its rampant deficit.

The Crow Creek Sioux Tribe has settled its tax debt with the IRS and lined up a loan that will enable it to buy back the 11 square miles of land the IRS sold at auction in December, the tribal chairman said.

China remained the top holder in the ballooning US debt last year, revised data showed, after earlier indications it had been eclipsed by Japan drew speculation about Beijing’s motives.

Secretary of State Hillary Clinton warned Thursday that the record US budget deficit and national debt are matters of national security rather than just economics.

Private equity giant Blackstone Group has come to an agreement to restructure its Hilton hotels chain debt, a source familiar with the situation said on Friday.

3rd UPDATE:Fed’s Hoenig: Rising US Debt May Bring Next Crisis