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Start Over
Yellow's Plan To Pay Debt Meets Doubt.
- Source :
-
New York Times . 8/12/2023, Vol. 172 Issue 59878, pB1-B3. 2p. - Publication Year :
- 2023
-
Abstract
- The article raises the skepticism surrounding the plan of Yellow, a trucking company that filed for bankruptcy protection, to repay its U.S. government debt by selling warehouses, trucks and other assets. It attributes the bankruptcy of Yellow to the failure of its executives to integrate the businesses the company acquired. It reveals the U.S. Treasury's lack of objectives or finalized approval policies and procedures in place before awarding the loan to Yellow.
- Subjects :
- *DEBT
*DEBT relief
Subjects
Details
- Language :
- English
- ISSN :
- 03624331
- Volume :
- 172
- Issue :
- 59878
- Database :
- Academic Search Index
- Journal :
- New York Times
- Publication Type :
- News
- Accession number :
- 169934451