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Bankruptcy in sentence

561 examples of Bankruptcy in a sentence

At least in the end reality hits them in the nose and after a stint in bed together they realize the moral bankruptcy of their "new thinking".
The Detroit SyndromeSINGAPORE – When the city of Detroit filed for bankruptcy last week, it became the largest such filing in United States history.
Alas, however bipartisan the Iraq Study Group’s report may be, it is too much to expect that Bush will endorse all of its recommendations and admit the bankruptcy of his entire foreign policy.
The “troika” of creditors – the International Monetary Fund, the European Central Bank, and the European Commission – simply do not enjoy the kind of leverage over Greece that, say, the Municipal Assistance Corporation wielded over New York City when it teetered on the edge of bankruptcy in the mid-1970s.
The disruption of trade flows would only be temporary, because Britain would eventually negotiate the necessary WTO agreements, but even a brief interruption could be devastating, as evidenced by the “sudden stop” in bank finance that lasted only a few weeks after the bankruptcy of Lehman Brothers in 2008.
The ESM's resources belong to everyone, just as one country's bankruptcy affects everyone.
The House Republicans propose to fix that by amending the bankruptcy code.
The viability of the Republican bankruptcy proposal boils down to this: who will provide financing to a large complex financial institution – operating globally – while it is being restructured in bankruptcy?
Are IMF policies too tough, even perverse, pushing economies into bankruptcy?
But there is one important component missing from the government’s reform agenda for 2015: improved bankruptcy procedures for failed borrowers.
With Trump, it seems that fortune has turned into bankruptcy.
The Fed cannot even provide credit to specific regions, let alone states on the verge of bankruptcy (for example, California).
While this prospect seemed real enough at the time, we now know that such an outcome was highly unlikely, given the economic and political bankruptcy of the system.
But, while this “lighthouse” foreign-policy approach increased Indonesia’s international clout, it led to encirclement by hostile Western powers – and to bankruptcy.
Although such restructuring so far often takes the form of mergers and bankruptcy, a great many SOEs have been converted into some kind of share-holding corporations, with the majority of shares held by workers in the firms.
For starters, countries need to reform their bankruptcy laws.
The IMF endorsed legal standards and codes of best practice developed by other institutions, but also promotes the development of new standards, including accounting and auditing standards, securities market regulations, bankruptcy law, codes for corporate governance, insurance and banking regulations.
Sarkozy’s Société Générale MyopiaSAN FRANCISCO -- The French government should be honoring Bank of France Governor Christian Noyer for saving Société Générale from certain bankruptcy in the current rogue trader scandal, not criticizing him, as some high government officials have done.
Is a forced bankruptcy in extremely fragile global financial markets what the French government wanted for Société Générale?
Expedited debtor-friendly bankruptcy procedures could ensure quick restructuring and provide a framework for renegotiating debts.
Instead of continuing to hope that bureaucratic intervention can repair flawed projects, officials should take a market-based approach, allowing losses to be allocated through the bankruptcy process, thereby enabling all stakeholders to move on to more productive activities.
Similarly, in case of bankruptcy, federal laws and courts readily adjudicate claims among creditors, and do so without regard to state borders.
The war not only caused millions of deaths; it also left a legacy of revolution, state bankruptcy, protectionism, and financial collapse that set the stage for Hitler’s rise, World War II, and the Cold War.
In national jurisdictions, a bankruptcy mechanism is used to corral creditors.
They want to abolish it, and insist that failing financial firms simply go through a court-supervised bankruptcy process.
House Republicans, drawing on work by scholars at the Hoover Institution, have argued that modifying the bankruptcy code – creating a so-called Chapter 14 – would allow such firms to fail without the risk of adverse systemic consequences.
Treasury recognizes, albeit implicitly, that no bankruptcy court can deal with the complex globally interconnected liabilities of JPMorgan Chase, Citigroup, Goldman Sachs, or other bank holding companies with over $500 billion on their balance sheets.
The Treasury report makes a big deal of demanding that bankruptcy must be the first and preferred option when a big bank is in trouble.
The main problem with the bankruptcy approach is the lack of Debtor-In-Possession financing for a complex global financial institution with an enormous balance sheet; without access to operational funding from the private sector, the entire process collapses – exactly the Lehman scenario.
The second problem with the bankruptcy approach is that international regulators would find themselves unable to cooperate – for their own legal and procedural reasons – with a US process that affects a major part of their own economies.
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