Sentence examples for a spate of defaults from inspiring English sources

In January, Meredith Whitney, an independent financial analyst, predicted a "spate" of defaults worth "hundreds of billions of dollars," a figure that has been widely criticized.

Even though industry lobbyists were able to persuade Congress to extend a loan program aimed at prodding the stalled securitization market back to life, several analysts said it was unlikely to head off a spate of defaults, foreclosures and bankruptcies that could surpass the devastating real estate crash of the early 1990s.

And he expects her to "be sort of right again -- munis are in for a spate of defaults, but her estimate that more than a hundred governments could do so and cost hundreds of billions of dollars is probably just another round of over-the-top mugging for the cameras".

IN THE late 1990s Indonesia's banking sector collapsed after the rupiah lost about 85% of its value against the dollar, leading to a spate of loan defaults by borrowers unable to service their foreign debts.

"There's not a doubt on my mind that you will see a spate of municipal bond defaults.

"There's not a doubt in my mind that you will see a spate of municipal bond defaults," she said in the "60 Minutes" interview.

Last summer a spate of failures kicked the default rate for U.S. speculative-grade (i.e., junk) bond issuers up to its highest level since the 1991 recession.

Because unemployment is still rising — ensuring that the initial spate of mortgage defaults, which came from loans to people who could never repay, will be followed by another spate of defaults from those who could repay but now can't because the deteriorating economy has stripped them of their jobs, their businesses or their credit lines.

The column generated a spate of emails telling me that a city "couldn't" default on its pension promises, that they were "guaranteed".

A spate of recent studies describe American prisons as mental institutions by default -- although they are institutions in which the disturbed inmates get no treatment to speak of.

But a spate of attacks a decade ago reinforced the notion of them as bloodthirsty man-eaters.