insolvent

The new bill bans such fire and rehire practices in most circumstances, but a company could still use it if it is at risk of becoming insolvent.

If Hamas, like the insolvent card player, were eliminated, the “process” would be revealed as a sham.

Even if a higher insurance limit reduces the risk of bank runs, it won’t prevent deeply insolvent banks from failing.

Most investors seem convinced that Western governments, including the U.S. government but also many others, are effectively insolvent.

Earlier Thursday, Canadian Public Works Minister Joel Lightbound said state-owned Canada Post “is effectively insolvent,” and required a onetime $700 million loan earlier this year to stay afloat and meet payroll requirements.