By Douglas Holtz-Eakin
The young drop coverage to avoid higher premiums
Kodak has reached an agreement to borrow $793 million, potentially allowing it to exit bankruptcy protection early next year, a person with knowledge of the arrangement said Monday.
Kodak says it has reached an agreement to borrow $793 million, an important step in letting it leave bankruptcy protection in the first half of next year.
Crisis talks on a debt deal for Greece among the three leaders of parties supporting the coalition government were suspended and will continue Monday.
In a sweeping move, the government Friday sued 17 financial firms, including the largest U.S. banks, for selling Fannie Mae and Freddie Mac billions of dollars worth of mortgage-backed securities that turned toxic when the housing market collapsed.
In a sweeping move, the government on Friday sued 17 financial firms, including the largest U.S. banks, for selling Fannie Mae and Freddie Mac billions of dollars worth of mortgage-backed securities that turned toxic when the housing market collapsed.
