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In 1996, the United States had international assets and liabilities of around $5 trillion.
Although the company has liabilities of around $30 billion, it has $4.1 billion of cash at hand, which it insists is more than enough to keep it flying during its restructuring.
And who becomes responsible for other assets or liabilities of around 15,000kg (15 tonnes) of plutonium from BE's advanced gas-cooled reactors (AGRs) and the spent nuclear fuel discharged from the reactors?
Creditors of Federal-Mogul, a car-parts firm in bankruptcy protection since 2001 after collapsing beneath its own asbestos liabilities, was not prepared to take over Bendix's fresh liabilities of around $2 billion.A long-awaited consolidation of America's mobile-phone market could be coming.
The chief executive: Jim Rodwell – former player, then director of football and chairman of Boston United We inherited liabilities of around £7m but while the figure now is considerably less, it would be wrong to say we are out of the woods.
Amid continuing recriminations over the scope of Germany's "political" decision to offer limitless guarantees for up to €1 trillion of deposits and Ireland's unilateral move to guarantee all Irish bank liabilities of around €400bn, the EC said it would swiftly produce guidelines on the guarantee schemes and recapitalisation.
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So California, for instance, which allocated $895m for retirees' health care in the 2005-06 budget, could have an unfunded OPEB liability of around $36 billion.
The company is in talks with HMRC over a potential tax liability of around £9.5m linked to its complex international corporate structure.
Thanks largely to council decisions in 1996 and 2002 to raise pension benefits but not pension contributions, the city now has an unfunded pension liability of around $1.37 billion (a 38% shortfall), plus a shortfall of around $550m for the retirees' medical benefits.Investigations by the FBI, the Justice Department and the Securities and Exchange Commission into how this happened are underway.
Deposits, equity and long-term debt now make up almost two-thirds of Morgan Stanley's balance-sheet liabilities, compared with around 40% at the end of 2007.
(Try explaining to your neighbor why there is a tree on top of their house or vehicle that you or "your buddy" just dropped it onto; there will be red faces and lots of liability all around!).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com