Sentence examples for purchase troubled from inspiring English sources

Its president, Mario Draghi, and his colleagues have stretched the rule book in order to open the money spigots to purchase troubled nations' debts.

Treasury officials, meanwhile, suggested using Citigroup as a test case for a public-private investment fund that would purchase troubled assets from banks.

This changed with the passage of the Emergency Economic Stabilization Bill on Oct. 3, 2008, which provided $700 billion in TARP financing to be used to purchase troubled assets (used in the end mostly to purchase preferred shares in banks).

Fathom wants the Treasury to set up a "bad bank" through which the government can purchase troubled mortgage-backed assets that are weighing down commercial banks' balance sheets, at an appropriate discount.

The current rout appeared to have gained momentum after Treasury Secretary Henry M. Paulson Jr. announced last week that the government would abandon its original plan to purchase troubled bank assets.

It was thereby enabled to receive emergency financing through the Troubled Assets Relief Program (TARP a program created under the Emergency Economic Stabilization Act of 2008 that allowed the Treasury secretary to purchase troubled assets from banks in order to restore stability and liquidity to U.S. credit markets.

During the Great Depression he purchased troubled oil companies, continuing to build a nationwide network of oil fields, pipelines, and refineries.

From 1980 until 1997 Mr. DeGeorge successfully managed his own venture capital company which purchased troubled companies and restructured them to profitability.

Lewis became chief executive in 2001 and continued the acquisition streak, with successively bolder deals culminating in the two most controversial of his career: the 2008 purchase of beleaguered mortgage lender Countrywide Financial and this year's purchase of troubled brokerage firm Merrill Lynch.

The purchase became troubled as the Great Recession hit, and Kushner refinanced it, leaving the company with a $1.2 billion debt that comes due in January 2019.

A SENIOR HSBC executive reminisces fondly about the day he was parachuted into Latin America, a decade or so ago, to help run a recently purchased but troubled local bank.