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.

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.

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

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.

Another 1.5 trillion is needed to bring banks capital back to pre crisis level, which is needed to resolve the credit crunch and restore lending to the private sector. So, the US banking system is effectively insolvent in the aggregate most of the British banking system looks insolvent, too, as do many continental European banks.

A bankrupt Conference on Disarmament will eventually lead to an insolvent Treaty unless other multilateral channels are found to advance its disarmament agenda.

Otherwise you're in trouble.

I couldn't do otherwise.

One of the company's employees entered a third party challenge to this ruling in an attempt to show that the company was not insolvent.

(d) Guidelines allowing an insolvency representative in the insolvency of a holding company to steer the actions to be taken by the (insolvent) subsidiary

How could it be otherwise?

Otherwise, it can't be done.

He's otherwise completely wheelchair bound.

Otherwise that would introduce bias.

It provides specific rules of jurisdiction, applicable law and recognition of judgements, while enhancing coordination of the measures to be taken regarding an insolvent debtor's assets.

unless the arbitration agreement otherwise provides.

Returns FALSE on success, otherwise TRUE.

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Otherwise it was only Christian countries.

You won't make the key otherwise.

otherwise supporting acts or activities of

In an environment of zero or near zero interest rates, creditors have an incentive to extend and pretend that is, roll over their maturing debt, so that they can keep their problems hidden for longer. Because the debt can be refinanced at such low rates, rollover risk is very low, allowing debtors who would be considered insolvent under normal circumstances to carry on much longer than they otherwise could.

CAMBRIDGE The Greek government needs to escape from an otherwise impossible situation. It has an unmanageable level of government debt (150 of GDP, rising this year by ten percentage points), a collapsing economy (with GDP down by more than 7 this year, pushing the unemployment rate up to 16 ), a chronic balance of payments deficit (now at 8 of GDP), and insolvent banks that are rapidly losing deposits.

Returns TRUE if var exists FALSE otherwise.

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Otherwise these secrets will be lost forever.

The truth of the matter is otherwise.

Because otherwise it can get quite claustrophobic.

Otherwise they'll never get out of poverty.

History suggests otherwise, despite a vulnerable dollar.

Let s go now. Otherwise, we'll be late.

Only New Zealand and Portugal reported otherwise.

Australian legislation also provides for the avoidance, in summary fashion, of pre bankruptcy transactions entered into by an insolvent company with another company to which it is related.

The lesson of history is always that things have been otherwise in different times and places and thus could now be otherwise as well.

Returns TRUE if var is null, FALSE otherwise.