Sentences with phrase «bankrupt during a financial crisis»

Not exact matches

This means that they are exposed to counterparty risk, which became an issue during the Financial Crises when several banks that acted as counterparties for those derivative contracts went bankrupt.

The bursting of the CDO bubble inflicted losses running into hundreds of billions on some of the biggest financial institutions, resulting in them either going bankrupt or being bailed out through government intervention, and contributing to escalation of the global financial crisis during this period.

This is the fate of many fast - growing young companies, and in fact, Tesla almost went Bankrupt during the 2009 financial crisis.

It is your financial backup that saves you from going bankrupt during a crisis.

The company persevered after some missteps in the mid-2000s — including backing the $ 8.5 billion purchase of Station Casinos, which ended up going bankrupt, and getting crushed on Xanadu, the trouble - plagued $ 2 billion retail and entertainment complex in New Jersey's Meadowlands, during the financial crisis — and Barrack now has a personal fortune that's estimated at $ 1.3 billion, according to the Bloomberg Billionaires Index.