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Mr. Steeles came here because he is uninsured, and could not afford heart surgery in the United States, he said, without liquidating most of his assets.
The loan allowed the borrower to buy the property without liquidating other investments that would have meant paying capital gains taxes.
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"We're liquidating the liquidator," she says.
Yet, his businesses have filed for Chapter 11 bankruptcy – which allows businesses to find ways to restructure debt and operations without being liquidated – six times in the last 25 years.
And liquidating these non-traditional assets without huge costs to the taxpayer requires that they be money good in other words, that there will be an economic recovery.
With such a permanent, massive infusion of money, the process of liquidating unresuscitative loans could be undertaken in earnest, without bringing down the whole financial system.
She started liquidating investments.
CBS considered liquidating the company.
Olivier advised Jérôme against liquidating the position.
"They were basically liquidating themselves," Chanos said.
Lately liquidating.
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CEO of Professional Science Editing for Scientists @ prosciediting.com