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Any admission is likely to be seized upon by private litigants in civil lawsuits, including class actions, with potentially devastating financial consequences.
But these offers, known as pension advances, are having devastating financial consequences for a growing number of older Americans, threatening their retirement savings and plunging them further into debt.
The proper role of health insurance should be to finance necessary and expensive medical services without the patient incurring devastating financial consequences.
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Many developing countries then experienced devastating financial crises.
Facing devastating financial penalties and jail time, Swartz hanged himself.
And so, last week, as the world was dealing with the human consequences of the tsunami that devastated South Asia, investors were pondering the financial consequences — especially for insurance companies.
There were enormous financial consequences.
But working less has financial consequences.
That has financial consequences, Mr. Vail said.
A downgrade would have immediate financial consequences.
For Walt Arfons, the financial consequences were serious.
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