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One way of doing this is to stop extending credit, which is, unfortunately, what many banks have done.
NEW YORK TIMES JPMorgan Curtails Student Lending | Starting in July, the bank plans to stop extending private student loans to people who are not customers, Bloomberg News reports.
"If we don't stop extending our troops all around the world, and nation-building missions, then we're going to have a serious problem".
It also made a "freeze for freeze" proposal whereby the international community would stop extending sanctions if Iran stopped expanding its enrichment facility in Natanz.
If bond investors, spooked by deposit losses in Cyprus and the recent wiping out of bondholders in a Dutch bank takeover, decide to stop extending loans to Italian banks then a bailout might be the necessary next step.
Armin Pfurtscheller is one of those restless souls who can never stop extending and improving their home; under his watch a comfortable village hotel has grown into a palatial pleasure dome.
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In March, banks simply stopped extending credit.
Saab has been unable to produce cars at its factory in Trollhattan, Sweden, since early April, when suppliers stopped extending credit.
Immigration offices in China have stopped extending the visas of many people from those countries, forcing them to leave.
Mr. Muller's efforts to keep Saab afloat became increasingly desperate after suppliers stopped extending credit in the spring, forcing production to halt.
Saab, which Spyker bought from General Motors in 2010, has so far lost six weeks of production after suppliers stopped extending credit in early April amid a funding crunch.
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