Sentences with phrase «toxic debt for»

This is shown in economics by the potential for small initial shocks — a few hundred billions in toxic debt for instance — to cause a global economic meltdown as a result of collective emergent behaviour.

The bankruptcy attorneys at Doan Law Group have assisted thousands of clients obtain relief from toxic debt for well over the last fifteen years.

Not exact matches

The latter re-incorporated themselves as «banks» to get Federal Reserve handouts and access to the Fed's $ 2 trillion in «cash for trash» swaps crediting Wall Street with Fed deposits for otherwise «illiquid» loans and securities (the euphemism for toxic, fraudulent or otherwise insolvent and unmarketable debt instruments)-- at «cost» based on full mark - to - model fictitious valuations.

But for those who qualify, they're worth considering as a way to eliminate toxic debt.

[64] The Independent described the entity sold as the «detoxified arm» of the bank, while saying the taxpayers retained «responsibility for # 20bn of toxic assets such as bad debts and closed mortgages.»

For those struggling with toxic debt, filing bankruptcy is actually a responsible move in an economy that continues to be tied down by rising prices.

However, when other options are exhausted, a 401 (k) loan might be an acceptable choice for paying off toxic high - interest debt, when paired with a disciplined financial plan.

Pingback: How Wall Street Tobacco Deals Left States With Billions In Toxic Debt — LiberalVoiceLiberalVoice — Your source for everything about liberals and progressives!

What we can do is ask ourselves whether our debt is healthy or toxic for our financial future.

Gordon Brown, for example, was as much in denial about financial realities as any toxic debt trader.