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Most of these companies were liquidated to pay creditors.
The advisers said no investments were liquidated to make the loan.
I excluded companies which were created solely by the university or were liquidated to date.
When Guccione's empire crumbled – General Media went bankrupt in 2003 – his personal assets were liquidated to pay off debts.
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When a firm is struggling, the risk of its assets eventually having to be liquidated to pay creditors increases.
"Any assets of the corporation are liquidated to cash and used to buy back as many shares of stock owned by the 401(k) plan as possible," she explained.
According to this argument, it is necessary to repeal the tax to ensure that these small enterprises do not have to be liquidated to satisfy the demands of the tax.
"If the L.L.C. owns the machinery and somebody sues me, that's an asset of the company that can be liquidated to pay off this person," he said, referring to his limited liability company.
Since Bernie never really bought anything, at least his portfolios didn't have to be liquidated to throw more fuel onto the inferno.
Existing tax-free bonds could be liquidated to invest in paid-up life insurance if there is little or no gain on their sale.
Financial capital is made up of available stocks (anything that can be liquidated to meet cash requirements) and regular inflows of cash (income from farm produce sales, wages and remittances from household members working away from the homestead).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com