Guidelines for Rescuing Large Failing Firms and Municipalities.
Abstract
In the 1970s the government provided financial aid to three large firms and one municipality (Conrail, Lockheed, Chrysler, and New York City) to avert potential bankruptcies. From its own experience and from the recollections and experiences of over 100 others that have been involved in these programs, GAO developed guidelines on structuring, implementing, administering, and overseeing this type of program. GAO developed these guidelines so they would be readily available to assist others if similar programs are created in the future.
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 29, 1984
- Accession Number
- ADA142552
Entities
Organizations
- United States Government Accountability Office