Sentences with phrase «holding company fail»

The government could have protected regulated subsidiaries of the banks, and derivative counterparties, and let the holding companies fail.
If the Fed hadn't stepped in, who knows who could have been insolvent — and that's what should have happened, with the regulators letting holding companies fail, but protecting regulated subsidiaries, so that ordinary people would not be harmed.
If the holding company failed, I can't imagine that the creditors would lose much on the $ 27B of debt, nor would it cause a chain reaction among other financial companies.
Rather than bail out holding companies, we could have let holding companies fail, and protected the few operating subsidiaries that people and institutions rely upon.

Not exact matches

-- Com Mirza, «The $ 500 Million Man» and CEO of Mirza Holdings; failed in eight companies back to back and today, runs a nine - figure empire with over 600 employees
A Quebec Superior Court judge awarded a group of Dunkin' Donuts franchisees $ 16.4 million in damages, plus legal costs, after ruling that parent company Dunkin' Brands failed to heed 15 years» worth of warnings that Tim Hortons was poised to topple the U.S. chain's long - held dominance of the Quebec market.
Last month, Swiss regulators announced that the group had failed to disclose that company executives held stakes in the conglomerate during HNA's $ 1.5 billion takeover in 2016 of airline caterer Gategroup.
That money, which is mostly held in short - term U.S. bonds and money market funds, was kept in Ireland for years, until an investigation by the European Union into whether the company failed to pay taxes caused it to move its holdings to Jersey, a small island off the coast of Normandy that rarely taxes corporations.
-- Com Mirza, «The $ 500 Million Man» and CEO of Mirza Holdings; failed in eight companies back - to - back and today runs a nine - figure empire with over 600 employees
There was no way, under prevailing law, to wind down the systemically important bank - holding companies that were at risk of failing.
SCMP Group Ltd., which has posted three years of profit declines, has been suspended from trading since February 2013 after the company failed to have at least 25 percent of shares held by minority investors, the minimum proportion required for a company to trade its shares in Hong Kong.
In another case at the Villa, a resident awoke one day last October to find her bed soaked in urine, after staff failed to wake her for a bathroom visit.The Villa is owned by Retirement Concepts, a privately - held Vancouver - based company.
If the FDIC had authority over insolvent non-bank financials and bank holding companies, it could wipe out equity and an appropriate amount of bondholder capital, and sell the fully - functioning residual to an acquirer, as is typically done with failing banks, without any loss to depositors or customers.
Dept - to - GDP of whole countries has paralleled the debt leveraging of systemically Too - BIG - to - Fail Bank Holding Companies which means that the TBTF banks have to be broken up, and so too does the overtly overleveraged Central Banking System that currently controls the servicing of debts that are no longer actually serviceable from a mathematical standpoint.
TNW published a statement from Visa Europe confirming it had terminated its partnership with WaveCrest Holdings, a global payment solutions company, after it had failed to comply with Visa's operating rules.
Raitt raised the ethical bar in Bill Morneau's mandate letter, and with that having been failed by the fine for forgetting to declare the holding company that owned his villa, it was enough for him to resign.
Under the measure, owners of a company would be held responsible if they knew about sexual harassment and failed to take corrective action.
If you don't, there is no way to stay long term and you will fail at holding your companies for a long time.
VICTORIA — Two years after promising to stand «shoulder to shoulder» with communities affected by the Mount Polley disaster the Christy Clark government has failed to address the disaster's impacts on the local economy and failed to hold the company accountable...
However, Yandex failed to say whether and how it tracks users across the internet (P9), or if users can access all the information the company holds about them (P8).
VICTORIA — Two years after promising to stand «shoulder to shoulder» with communities affected by the Mount Polley disaster the Christy Clark government has failed to address the disaster's impacts on the local economy and failed to hold the company accountable for polluting Quesnel Lake, says New Democrat Leader John Horgan.
In the ideal scenario, you should be able to replace every part in your packaging line immediately if it fails, but in reality most companies avoid holding expensive parts inventory.
Inglewood Farms was purchased in late 2013 from receivers for the failed R.M. Williams Agricultural Holdings company.
My record in international play is spotty — I failed to break 90 on a windswept tour of Scotland — and since I carry a well - worn nine - wood, I generally lack the golfing gravitas necessary to hold the respect of the individual FORTUNE 500 companies who would be under my command.
After a loooong hiatus that included losing the attachmentmama.com URL for eight months because I failed to renew with the host and some company swiped it, put it in no - man's web - land and then held it for ransom — I'm happy to take another crack at the Mommy Blogging thing.
At present, there are only civil society campaigns such as the Nestlé boycott and DanoNO campaigns to hold these companies to account when governments fail to do so.
Last April, news surfaced that Sigmundur David Gunnlaugsson, the then prime minister, and his wife owned Wintris, an off - shore company that held debt from failed Icelandic banks — a fact he failed to disclose upon entering parliament in 2009.
When the U.S. EPA failed to hold the polluters accountable, New York stepped in to force the companies to clean up their mess.
State Comptroller Tom DiNapoli slammed Gov. Cuomo's primary economic - development engine Sunday, saying it has failed to hold companies that get state tax breaks accountable.
Comptroller Tom DiNapoli has filed a lawsuit against Wynn Resorts, alleging top officials at the company knew of sexual misconduct and harassment by ex-CEO Steve Wynn, but failed to investigate or hold him accountable.
The value of stock in a multiple sclerosis drug company - which includes large holdings by members of Congress - collapsed Tuesday when company officials announced the drug failed during recent clinical trials.
Companies who fail to conduct a background check or disclose information such as prior arrests can possibly be held liable for illegal acts committed through their platform, said Maureen Mapp, a lecturer at the University of Birmingham Law School in the United Kingdom.
Over the years other speed dating companies have tried and failed at holding fun, innovative and successful speed dating events never to be seen or heard again.
The movie's central character Steve Butler (Matt Damon), a salesman for a natural gas company, is firmly on the side of the latter; he has seen too many small towns hold true to their values, only to wind up left behind when the local economy inevitably fails.
But rather than holding Perry accountable for his failings, Governor Malloy's Commissioner of Education, Stefan Pryor, has supported his taxpayer - supported entrepreneurial efforts by pushing through approval of a plan that would allow Perry to use his private company to a charter school in New Haven.
The company said that licenses held by its failed partner should not be included in the bundle of Borders assets.
And for that reason when a big company fails, there may be collapse on stock exchange because many other companies hold shares and their stock price is significantly affected by the «bad investment».
Pension assets are held in trust, so a failing company can't grab them to pay other bills when it's trying to stave off bankruptcy.
The incumbent Board has presided over a company that has failed to file its financial statements for any period since the quarter ended March 31, 2008, failed to hold an annual meeting since 2007, and failed to file an Annual Report for the year ended 2008.
The idea that these companies could fail on a whim, or that their business models have too many holes for the average investor to feel confident about, I don't think holds up.
The view of the government toward financial holding companies should be this: we don't care if you fail.
We do care if your subsidiaries fail, so if the solvency of any of them is getting marginal, dividends to the holding company will be cut off.
We can protect the payments systems by protecting the regulated subsidiaries of banks, and letting the holding companies bear the losses, which is what we failed to do in 2008 - 2009.
As a brief overview, the Management and Board have embarked upon a failed merger that garnered virtually no support from its shareholders, and was opposed by ISS, and continued on that path until the date of the special shareholders meeting and scheduled vote, spending lavishly in a failed effort to close it; attempted to implement substantial new options to itself, a plan opposed by ISS and the shareholders, which was withdrawn; continually paid itself outrageous sums of the shareholders money over the past three years; rejected highly qualified outside board members with deep, broad healthcare company experience supported by its shareholders; held many Board and Committee meetings with nothing to show for it; formed a new Strategic Transactions Committee that is highly paid but that has produced no deals for the shareholders to consider or for any outside valuation experts to formally review; spent lavishly on accountants, auditors and counsel; failed to successfully hire any outside professional negotiators and finally extinguish or remove the outstanding lease obligations; distributed no cash to the shareholders despite holding excess amounts; formed no special purpose entity to hold any royalty and milestone rights and payments for the benefit of its shareholders; and thus generally failed in its fiduciary duties to shareholders.
Across sectors, the government has so far failed to hold corrupt or negligent officials, politicians and companies accountable, thus undermining its own laws governing natural resource use.
That measure, which gives investors with 3 percent of shares who have held them for three years the right to nominate directors, passed at many oil and gas companies last year but narrowly failed at Exxon, which opposed it.
Companies in carbon - heavy industries such as energy and mining face the highest pressure, as investors fear being stuck holding stranded assets: companies who fail to plan for the future and whose valuations will likely plummet as Companies in carbon - heavy industries such as energy and mining face the highest pressure, as investors fear being stuck holding stranded assets: companies who fail to plan for the future and whose valuations will likely plummet as companies who fail to plan for the future and whose valuations will likely plummet as a result.
Indeed, our embattled Prime Minster wants to hold companies criminally liable if they fail to stop their employees from facilitating tax evasion.
If a trucking company fails to follow these regulations, they may be subject to sanctions by the FMCSA, as well as be held liable in personal injury lawsuits stemming from truck accidents caused by their dangerous trucks.
If they fail in that duty, the company could be held liable for the driver's negligence.
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