Time to Nationalize Insolvent Banks

But, by lowering long term interest rates, central bank purchases of government debt can help contain government debt service. In this way, QE can keep solvent a government that otherwise would be insolvent a nightmare scenario for a central bank.

In Indonesia as well, the Government has closed down a number of insolvent banks.

(a) The responsibility of any other company in the group for the external debts of the insolvent company (being all debts owed by the insolvent company except for those owed to related group companies, i.e. intra group debts )

Otherwise, I...

ATHENS The point of restructuring debt is to reduce the volume of new loans needed to salvage an insolvent entity. Creditors offer debt relief to get more value back and to extend as little new finance to the insolvent entity as possible.

In addition, in Australia, the insolvency legislation provides for the liability of a holding (parent) company for the debts of a subsidiary company that became insolvent if it is established that the subsidiary was permitted by the parent to engage in insolvent trading.

Unless otherwise agreed

Otherwise, it's worthless.

He thinks otherwise.

Otherwise, Your Majesty...

Nobody proved otherwise.

Dung heap. Otherwise

Otherwise I'm doomed.

Otherwise we'd suffocate.

Pisciotta maintains otherwise.

Greece s GDP, moreover, has shrunk by 25 since the start of the crisis in 2009. Its government is insolvent.

Otherwise you're in trouble.

I couldn't do otherwise.

I couldn't imagine otherwise

Otherwise, it makes no...

Otherwise we'll be late

Otherwise, feeling all right?

Otherwise I'll take offence.

Otherwise, I'd have remembered.

What's the use otherwise?

No, I think otherwise.

What would happen otherwise?

Otherwise, as I say...

He's no use otherwise.

And do not make your hand as chained to your neck or extend it completely and thereby become blamed and insolvent.

And do not make your hand as chained to your neck or extend it completely and thereby become blamed and insolvent.

(g) Guidelines that, in certain circumstances, provide for a parent company to be liable for the debts of an insolvent subsidiary.

How could it be otherwise?

Otherwise, it can't be done.

He's otherwise completely wheelchair bound.

Otherwise that would introduce bias.

And how how's Paris otherwise?

And you thought him otherwise?

to anyone, citizen or otherwise...

I can't do otherwise. Sure.

Otherwise, you're wasting your time.

Otherwise I would never do.

I wouldn't feel right otherwise.

I wouldn't have finished otherwise.