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GGD-84-34 1 (1984-03-29)

handle is hein.gao/gaobabemo0001 and id is 1 raw text is: 


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BY THE COMPTROLLER GENERAL



Report To The Congress


OF THE UNITED STATES


Guidelines For Rescuing Large Failing

Firms And Municipalities


In the 1970s the government provided fi-
nancial aid to three large firms and one
municipality (Conrail, Lockheed, Chrysler,
and New York City) to avert potential bank-
ruptcies 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


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GAO/GGD-84-34
MARCH 29, 1984

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