Sentences with phrase «fire sale of assets»

But loosely speaking, what has happened in the western world (not just the US, we have plenty going on in Europe) is something that has been done to the rest of the world since the 1970s; a debt fueled boom is induced, government ends up borrowing too much on the back of it, the boom turns to bust, and in the fallout there is a savaging of various government programs and a fire sale of assets.

CEFC China Energy, the once high - flying conglomerate that is now conducting fire sales of its assets following an investigation into its chief, appears to be hitting rock bottom.

Not exact matches

After receiving a $ 10 - billion bailout from the Dutch government in 2008, ING embarked on a fire sale of foreign divisions and «noncore» assets that continues today.

The causes of the crisis that nearly killed Bilinkis's company were many: a patronage system, started by Juan and Eva Perón in the 1950s, that grew into a bloated government bureaucracy; a corrupt privatization of government services that sold off some of the country's most valuable assets at fire - sale prices; and a reactionary monetary policy that exacerbated both of these problems.

Past looks at the value of GE's individual businesses — also known as a «sum - of - the - parts» analysis — cast doubt on whether a fire sale of GE's assets would even fetch today's price at $ 13.28 per share.

Despite having share prices that move with market prices, these funds can give rise to first - mover advantages for redeeming shareholders and create the potential for destabilizing waves of redemptions and asset fire sales if liquidity buffers and other tools to manage liquidity risk prove insufficient.

More broadly, the regulatory agencies in the United States and the Financial Stability Board internationally have work under way focusing on possible fire - sale risk associated with the growing share of less liquid bonds held in asset management portfolios on behalf of investors who may be counting on same - day redemption when valuations fall.

The New Democrats have repeatedly attacked what they deride as a «fire sale» of valuable assets, arguing it's irresponsible to count revenue from such sales before they've happened and suggesting the estimates themselves are unrealistic.

In simple terms, a bank must have enough liquid assets that can be easily liquefied (not at fire - sale prices) to meet any of its liabilities that fall due within that 30 - day period.

Khosromshahi and his companies have donated close to $ 1 million to the B.C. Liberal party since 2000, and a quarter of a million dollars just since the B.C. Liberals began their fire sale of public assets.

That ranges from Mueller's past professional relationship with former FBI Director James Comey, whom Trump fired in May over the investigation into Trump's former national security adviser; Mueller's role in a controversial uranium asset sale to Russia in 2010; and members of Mueller's staff who have been critical of Trump in private communications, including an FBI agent assigned to the team who texted a colleague that Trump was an «idiot.»

Yelich, J.T. Realmuto, and Starlin Castro, the top assets left after the beginning of Miami's fire sale, would very much like to get out of Miami at the earliest possible opportunity.

In his book, Dark Days in Ghana, Kwame Nkrumah said that was no possible justification for the abandonment of Ghana's 1963/4 Seven Year Development Plan and the fire sale of Ghana's assets after the illegal overthrow of his government in 1966.

This is absolutely not privatisation or a «fire sale» but a reinvestment of wasted assets to improve patient care, stresses Naylor.

Management was unhappy about at having to liquidate carefully accumulated assets at fire sale prices, lenders were getting near the end of their tolerance for further cure period extensions, and erstwhile bondholders were wondering what the heck they were doing holding a penny stock.

Fire - power covers a host of tactics: Sometimes it's just sheer weight of money (and they become the largest shareholder), but it also includes nominating directors to the board, conducting proxy fights, deposing and / or appointing management, suggesting operational changes and / or asset / business sales, scaring up bidders for a company (or even bidding themselves), demanding strategic reviews or even wind - downs or liquidations, etc..

Assets are at fire sale prices because there is not enough balance sheet capacity to buy and hold them over a period where the realization of value is likely.

Uncertainty in housing markets and the economy are forcing financial institutions to mark mortgage securities at fire - sale prices, rather than their value if held to maturity, effectively creating a vicious circle of more write - downs that further depress asset values, Mr. Bernanke explained.

Many funds, including the famed Citadel, are restricting withdrawals in order to avoid fire sales (or forced buy - ins) of assets.

«One of the big problems that we see is a lack of any new plan for good jobs, we see a fire sale of public assets, we see huge implications around cuts to jobs.

Looking back, we enjoy the benefit of hindsight... but let's not under - estimate the existential threat to the company at the time: Operating free cash flow was minimal, there was little opportunity to realise assets (except at fire - sale prices) in 2009 - 11, almost EUR 400 million of net losses, investment write - downs & goodwill impairments were recorded in the five years ending in 2012 (which actually understates a near - 85 % collapse in net equity), as the banks kept shrinking their committed facilities & imposing harsher terms (and seriously considering pulling the plug).

It's important here to highlight we really can't blame the new CEO / team for these losses: a) they're attributable to legacy assets acquired before they arrived (e.g. the original $ 30 mio Arcapita loan was a ludicrous over-commitment for a bank of EIIB's size), and b) I suspect a fire - sale of these assets might ultimately have produced similar losses.

This fire - power covers a host of tactics: Sometimes it's simply sheer size (they become the largest shareholder), but it also includes nominating directors, conducting proxy fights, deposing / appointing management, recommending operational changes & asset / business sales, finding bidders for the company (or even bidding themselves), demanding strategic reviews or even wind - downs / liquidations, etc..

Vivendi has had an interesting past plagued by what seems to be fire sales of some of their properties, most recently a $ 35 million asset dump over the past two - years.

The move unambiguously signalled that the firm had failed as an independent commercial concern and was now locked into an effective fire - sale of its assets and practice.

Because of the vast number of problem loans on their books, some lenders want appraisers to value troubled assets at unreasonably low levels in order to serve their agendas of «dumping» troubled assets at fire - sale prices.

In other words, a quick sale might indicate a fire sale situation, a previously agreed - upon price between a seller and buyer, an underpriced listing manipulated by a trusted but nevertheless unscrupulous Realtor in search of a quick commission, a low price designed to settle up a disposition of assets during a divorce proceeding, a sale designed to settle up a Will proceeding etc., etc..

Banks initially tried to avoid a fire sale of their loan assets by issuing billions of dollars in new equity to strengthen balance sheets.

Japanese banks have been holding «fire sales» of property assets since regulations were enacted in March making it more difficult for Japanese banks to keep problem assets on their books.