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It had all of its eggs in one basket — 80percentt of its revenues came from an auto parts company that just liquidated.
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Or after 18 months we'll just liquidate it".
"The fear that you always have, when you've got a government takeover, is that the government doesn't know how to run companies and doesn't want to run companies, so it could just liquidate the company," said David Boies, the lawyer representing A.I.G.'s former chairman and chief executive, Maurice R. Greenberg.
And just last year you liquidated a sixty-eight-thousand-dollar retirement fund.
But in both cases it was just unanticipated events that liquidated the companies".
Wallace's Bookstore was liquidated for just over $31 million, and ecampus.com was sold for $2.5 million.
Colin Wright, managing director of Wright Investments, which specialises in property, transport and storage, has just had to liquidate his building division, and lay off 20 people.
For some politicians, the politically-correct answer is to liquidate, just as the Clintons did with their shares in pharmaceutical and oil companies.
Most of the time families just want to liquidate assets from the estate as quickly as possible to receive their inheritance.
But 1987 had been a great year; that October, Mr Packer had liquidated his stock holdings just before the market crashed.A gambling manHe died Australia's richest man, with a fortune of A$7 billion.
With the Federal Bureau of Investigation looking into possible missing customer money at MF Global, executives of the now-bankrupt commodities and securities firm will be hiring lawyers and dealing with questions that go beyond just how the firm will be liquidated.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com