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There it is, Coventree is cutting 30% of its workforce. The company has an estimated $16B of ABCP outstanding. The company is also closing its Denver office and reducing lease space in Toronto.
http://tinyurl.com/2l7xq6
Tuesday, September 18, 2007
Coventree Slashing Workforce By 30%
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2007
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September
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- ABCP Bailout Plan in Trouble
- 200 Baffinland Iron Mines Workers Almost Without W...
- On The Collapse of CDOs and ABCPs
- Coventree Slashing Workforce By 30%
- Has the DJIA Really Risen 7% in 2007?
- Tougher Rules on ABCP Rating
- Record Wheat Prices Force Italians to Boycott Spag...
- Just 50 Cool Yachts Are Needed to Reduce Global Ca...
- Aginflation, Food and Agriculture Inflation
- Red Corp CEO Blasts ABCP Process. A Matter of Lead...
- $140B in commercial paper due by the end of next week
- Holders of the"Bailed-Out" ABCP Could Lose 50%
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