Word: bankrupting
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...Homesick is a featherweight farce about a an illiterate fool who stumbles into a bankrupt satellite television company in Baghdad - the Hot Hot Channel - and is mistaken for the new station manager. Its sensibility leans heavily toward slapstick of a kind that finds humor in the sight of a dwarf with an Egyptian accent being tossed offstage, and unlike in real-life Iraq, there are no car bombings or beheadings and none of the characters are kidnapped...
...David Cameron: A new era, with new challenges. Margaret Thatcher was facing a Britain that was economically bankrupt and going down the pan, and she had to give Britain back a successful economy, which she did. But today, we face very different challenges. It's much more about social breakdown, the new environmental challenges, the security challenges. It's a different environment...
...another. In the 1960s we had wage inflation, in the 1970s consumer price inflation, and now we are in the throes of breakneck asset inflation. But every type of inflation eventually ends. And when assets deflate, economic activity will suffer. Business slows, lenders call in their debts, companies go bankrupt-all of which is bad news for stocks, especially those that are priced as if risk no longer existed. Economic history is littered with periods of asset inflation that ended in tears. Just look at the bursting of the late-'90s tech bubble or the crash in homebuilder stocks that...
...potential buyer in fall 2006, according to Field Family spokesman Larry Larsen. The trust purchased the property and began renovations in 2001, looking at the building as a possible life sciences center, Larsen said. A number of parties expressed interest in the building, including Target Corp. and the now-bankrupt Globix Corp., but the property has been unoccupied since 2001, Larsen said. The Boston Business Journal reported that a possible $22 million sale of the property to Massachusetts-based Eastern Development LLC fell through earlier this summer, leading the company to contact Harvard. “We tried looking...
Everybody loves Grandma, right? But what if she's going to bankrupt the country? Every seven seconds an American turns 50, and the oldest baby boomers will reach 65 in four years. That generation accounts for 78 million Americans. They consume 40% of the federal budget through such programs as Social Security and Medicare. And policy experts fear that the coming wave of seniors could swamp those programs--leaving a gift of higher taxes and reduced benefits for their kids. "The crisis is coming--we know that," says Bill Novelli, CEO of AARP...