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Bankrupt in sentence

240 examples of Bankrupt in a sentence

New Managing Director Christine Lagarde’s recent call for forced recapitalization of Europe’s bankrupt banking system is a good start.
To have any chance of re-opening on Monday morning, a bankrupt bank’s billions of dollars in long-term debt would already have to be structured in such a way that a bankruptcy court could eliminate it over a weekend.
In the mouth of this serially bankrupt billionaire and con artist with possible mafia ties, they have become the bottom line of the American creed – so much mental junk food full of fatty thoughts, overwhelming the lighter cosmopolitan flavors of the myriad traditions that have formed the great American pastoral.
If the banks went bankrupt now, the CBC would have to record the total amount – estimated at up to €12 billion ($15.7 billion) – as a loss, delivering a potentially fatal blow to the eurozone’s credibility.
Banks are bailing out bankrupt companies, while private firms – especially small and medium-size enterprises – continue to get squeezed.
These considerations should lead us to focus on how to develop open societies and how to encourage greater and better integration of global markets, rather than seek to resuscitate bankrupt theories of economic autarky, self-reliance and protectionism which impede growth and inflict untold damage.
Even so, Argentina went bankrupt, because wealthy Argentines had spirited their assets out of the country, and thus out of the reach of the government, while poor Argentines refused to pay the taxes needed to satisfy foreign creditors’ claims.
These bankrupt women are better educated than their male counterparts: most have some college; and more than half own their own homes.
Similarly, the fact that many debt-burdened shale producers will go bankrupt if the oil price stays below $50 is no reason to expect a rebound.
By most accounts, Lehman’s derivatives portfolio was a winner when it went bankrupt, but bankruptcy exemptions for derivatives allowed Lehman’s counterparties to close out their positions rapidly, in ways that were costly for Lehman, chaotic for financial markets, and damaging to the real economy.
US regulators, for example, cannot first try bankruptcy before deploying their expanded powers under the 2010 Dodd-Frank financial-reform legislation; if they did, the bankrupt firm’s counterparties in the derivatives and repo markets would close out their contracts and dump their collateral as soon as they could.
The regulators’ letter to the ISDA asked the derivatives industry to rewrite its standard contracts, so that a bankrupt firm’s portfolio is not ripped apart as soon as it files.
Disintegration in the Arab Middle East reflects the region’s failure to find a path between the bankrupt, secular nationalism that has dominated its state system since independence and a radical brand of Islam at war with modernity.
If women’s football teams started paying their players the same as men’s teams, they would go bankrupt.
This rebalancing will require the central government to help relieve the debt burdens resulting from bankrupt projects in the losing regions, much like it did in the 1990s, when it wrote off the losses that SOEs incurred during the Asian financial crisis.
When the US housing market started to turn south, the biggest underwriters (such as Countrywide) did not go bankrupt right away, because they had sold the vast majority of their loans to the CDO market.
Many companies and households would go bankrupt.
In the process, old firms go bankrupt, workers are laid off.
Yet if the provider of such a service goes bankrupt or runs into difficulties, there is little likelihood that any national government would be called on to bail it out.
If a country is bankrupt, it must let its creditors know that it cannot repay its debts.
They knew that if the true conditions at many big banks were publicly revealed, many would have been immediately declared bankrupt, necessitating government receivership to stop a tsunami of bank runs.
One major company has already gone bankrupt; another is laying off staff.
Communism had left Poland politically and economically bankrupt.
Yet he left his people in a terrible situation, with no state, in the midst of a losing war, and with a bankrupt economy.
But nor does a country go bankrupt without serious mistakes by its creditors – first in lending too much money, and then in demanding excessive repayments to the point of the debtor’s collapse.
Much of it involved costly churning of portfolios, while increased leverage implied fragility for the financial system as a whole and imposed severe social costs as over-exposed households subsequently went bankrupt.
Outside shareholders had little influence over the powerful individuals who ran the chaebol, and creditors lent money freely, assuming that the leading chaebol were too important for the government to allow them to go bankrupt.
Consider what happens when a large bank goes bankrupt in the US – an economic union where the Sandbu and Eichengreen rules already apply.
It also has people who do set up 401(k) accounts and then invest them badly – for example, Enron workers whose 401(k) money was overwhelmingly invested in company stock lost not only their jobs when the company went bankrupt, but also their pension assets.
Many more economic agents face serious credit and solvency problems, including millions of households in the US, UK, and the Eurozone with excessive mortgages, hundreds of bankrupt sub-prime mortgage lenders, a growing number of distressed homebuilders, many highly leveraged and distressed financial institutions, and, increasingly, corporate-sector firms.
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