Sentence examples for massive default from inspiring English sources

Only five years have passed since Russia's massive default left a clutch of western banks burnt and out of pocket.

Most of the home loans linked to these programs were financed through Fannie Mae and Freddie Mac, and they didn't lead to massive default rates.

After all, claims under the Alien Tort Claims Act usually end with a massive default judgment after the defendant skips the country, never to pay up.

This global project of the Bush regime was paralleled by a housing bubble inside the country through extension of debt in the form of mortgages and equity financing, which ensured high levels of consumption to keep a booming economy, despite the risks of massive default and foreclosures in the future.

"There was a massive default wave in 1980s and 1990s," says Reinhart.

One City trader, who declined to be named, admitted that he and his sizeable team were running through "war games" exercises on a "weekend scenario": massive default on a Friday, then making the phantom trades on Saturday and Sunday that would let them come out on top.

The authority, in turn, filed a lawsuit claiming "massive defaults" on Mr. Sapir's part and got an injunction preventing eviction.

Massive defaults that resulted in credit crunches, like ones that hit Taiwan and South Korea in the early 2000s after credit card issuers freely offered cards to consumers, remain another risk.

They are: 1. Fall off in sales 2. Unsold inventories build up 3. Speculators throw in the towel 4. Massive defaults or deliquencies of mortgages I'd add No. 5: Prices drop sharply.

In countries where non-recourse loans allow borrowers to walk away from a mortgage when its value exceeds that of their home, the housing bust may lead to massive defaults and banking crises.

I see massive defaults in the next decade.David Champeau...and on Berkshire HathawaySIR - The performance of Berkshire Hathaway relative to the S&P 500 speaks more to the value of sound corporate governance than it does to the detriment of efficient markets ("Still earning after all these years").