Thursday, December 26, 2013

Oleo e Gás Creditors Face Tough Decision

Creditors owed $5.8 billion by the distressed oil company of Brazilian entrepreneur Eike Batista are facing up to yet another tough decision: whether to provide some short-term cash to keep the company afloat for the next year, knowing it will still need much more money further down the line.



from WSJ.com: US Business http://online.wsj.com/article/SB10001424052702303799404579282581058171514.html?mod=pls_whats_news_us_business_f

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