Greece is clearly insolvent.

Time to Nationalize Insolvent Banks

This company became insolvent in early 2002.

For some, low prices would render them insolvent.

Under Koizumi s leadership, insolvent banks were made whole again.

So, the US banking system is effectively insolvent in the aggregate most of the British banking system looks insolvent, too, as do many continental European banks.

Coercive restructuring of insolvent banks unsecured debt would be next.

The reason is simple both Greece and Ireland are likely insolvent.

Commercial banks loaded with weaker countries government bonds became potentially insolvent.

The markets are fully aware that Greece, being insolvent, will eventually default.

NEW YORK The eurozone crisis is reaching its climax. Greece is insolvent.

Banks had reassured themselves with the belief that countries could not become insolvent.

This approach requires judgment and resolve in separating insolvent institutions from solvent ones.

This needs to be carried out for insolvent governments, households, and financial institutions alike.

Because the banks made their investments with too little unborrowed money, they became insolvent.

But no one will bail out these super sovereigns if the sovereigns prove to be insolvent.

Similarly, super sovereigns cannot continue to bail out distressed sovereigns that are insolvent rather than illiquid.

a rapid reduction of insolvent households debt burden, preceded by a temporary freeze on all foreclosures

If these countries became insolvent and curtailed their expenditure, a new worldwide recession would be likely.

This is why Greece is insolvent and a coercive restructuring of its public debt is inevitable.

So it should be reserved for cases when the country as a whole has grown insolvent.

Although countries can become insolvent, they have many ways to reduce their sovereign debt before this happens.

It means establishing a common deposit insurance scheme and a mechanism for closing down insolvent financial institutions.

At some point, investors will realize that bank losses are massive, and that some banks are insolvent.

ATHENS The point of restructuring debt is to reduce the volume of new loans needed to salvage an insolvent entity. Creditors offer debt relief to get more value back and to extend as little new finance to the insolvent entity as possible.

In addition, in Australia, the insolvency legislation provides for the liability of a holding (parent) company for the debts of a subsidiary company that became insolvent if it is established that the subsidiary was permitted by the parent to engage in insolvent trading.

First, it aims to ensure that obligations are fairly and regularly met when a debtor becomes financially insolvent.

Could it be that people think that a country becomes insolvent when its debt exceeds 100 of GDP?

Greece is likely to find itself insolvent, and questions surround the solvency of Ireland and Portugal as well.

Clearly, back in 2009, the ECB did not make the controversial call that Greece was insolvent, not illiquid.

But if the scheme is used to bail out insolvent banks, what will the taxpayers get in return?

Greece s GDP, moreover, has shrunk by 25 since the start of the crisis in 2009. Its government is insolvent.

And governments must respond to the banks threats by declaring their willingness to let insolvent banks be judged accordingly.

And Greek banks and firms lose their creditworthiness alongside their government if markets perceive the latter to be insolvent.

When Greece imploded, the investments turned sour, and the Cypriot banks that had engaged in this strategy became insolvent.

Government debt must be restructured. Bank debts have to be converted into equity and, where banks are insolvent, written off.

Because insolvent banks were kept alive through government bailouts and guarantees, Japan provided the wrong incentives to its financial institutions.

By this standard, many US and foreign banks are effectively insolvent and will have to be taken over by governments.

But if the ECB takes over entirely the role of lender of last resort, it will ultimately become insolvent itself.

That could cause their interest rates to spike upward and their national debts to rise rapidly, thus making them effectively insolvent.

BRUSSELS The first act of the eurozone debt drama was about whether any European Union member country could ever become insolvent.

But Europe s banking union also requires uniform rules for winding up insolvent financial institutions and this has become a sticking point.

Most of the world s largest banks are essentially insolvent, and depend on continuing government aid and loans to keep them afloat.

But, as with Argentina, Russia, and Ecuador, Greece may also be insolvent if adjustment fails to restore debt sustainability and growth.

Yes, the financial system is insolvent, but it has nominal liabilities and either it or its borrowers have some real assets.