Sentence examples for fictitious assets from inspiring English sources

The result: fictitious assets.

As Mr. Raju put it in his letter, "The aborted Maytas acquisition deal was the last attempt to fill the fictitious assets with real ones".

Especially once they find that, lacking a strong advertising market, all the data they have accumulated is of little value – hence all those fictitious assets on their balance sheets.

Satyam Computer Services nose-dived after Chairman Ramalinga Raju Ramalinga Raju resigned amid an scandal in which fictitious assets were used to prop up Satyam's balance sheet.

He characterized an aborted deal to buy two construction companies controlled by his relatives, which had riled investors in December, as a last-ditch attempt to substitute fictitious assets with real ones (See: "Satyam Tries To Make Ammends").

my last column, describing techniques of corporate fraud, omitted one method also favored by Enron: the fictitious asset sale.

The European Union, in its rush to create yet another refuge for financial speculators and to commit to creating yet another mechanism for generating billions from fictitious financial assets, has opted for a market approach instead of a regulatory approach, which could and should have been used.

Investors need to be confident that their returns are not fictitious and that their assets have not been misappropriated.

When the banks realised a large proportion of their assets were fictitious, there was a panic (the credit crunch).

So with no real markets left that could produce the desired profit margins, Wall Street invented a fictitious market in mortgage assets.

That is, by rising asset prices (fictitious capital) which has been possible due to the printing of US dollars & the fiat currency regime.