Bankruptcy shenanigans: Difference between revisions
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Amwelladmin (talk | contribs) Created page with "{{a|banking|}}“Bankruptcy shenanigans” is a handy label JC has contrived to describe all the phantoms, phantasms and night sweat horrors that plague the deep oubliettes in the minds of Basel Committee members when contemplating what might happen in a foreign jurisdiction when a failing company goes through the phase transition from solvency into bankruptcy. Zero-hour rules, disappearing safe harbors, ERISA netting, mendacious Cherry-pick..." |
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{{a|banking|}} | {{a|banking|}}{{d|Bankruptcy shenanigans|/ˈbæŋkrəptsi ˈʃænən əˈɡɛnz/|n|}}{{drop|A| collective noun}} to describe all the phantoms, phantasms and night sweat horrors that plague the deep oubliettes in the minds of Basel Committee members when contemplating what might happen in a foreign jurisdiction when a failing company goes through the [[phase transition]] from solvency into bankruptcy. [[Zero-hour rule]]s, disappearing [[safe harbor|safe harbors]], [[ERISA netting]], mendacious [[Cherry-pick|cherry-picking]] bankruptcy administrators: any of that catalogue of hypothetical horrors that propel and justify the worldwide military-industrial netting complex. | ||
{{sa}} | {{sa}} | ||
{{gb|[[Zero-hour rule]]s<li>[[ERISA netting]]<li>{{isdaprov|Automatic Early Termination}}<li>[[Cherry-pick|Cherry-picking]]}} | {{gb|[[Zero-hour rule]]s<li>[[ERISA netting]]<li>{{isdaprov|Automatic Early Termination}}<li>[[Cherry-pick|Cherry-picking]]}} | ||
Revision as of 11:05, 3 October 2024
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Banking basics
A recap of a few things you’d think financial professionals ought to know
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Bankruptcy shenanigans
/ˈbæŋkrəptsi ˈʃænən əˈɡɛnz/ (n.)
A collective noun to describe all the phantoms, phantasms and night sweat horrors that plague the deep oubliettes in the minds of Basel Committee members when contemplating what might happen in a foreign jurisdiction when a failing company goes through the phase transition from solvency into bankruptcy. Zero-hour rules, disappearing safe harbors, ERISA netting, mendacious cherry-picking bankruptcy administrators: any of that catalogue of hypothetical horrors that propel and justify the worldwide military-industrial netting complex.