This week,CIT,a lender to small and medium sized businesses, sought bankruptcy protection from its creditors so it can reorganize.

VOA: special.2009.11.06

If the company gets too leveraged then there's too high a probability that the company will fail and there are costs to bankruptcy.

如果公司的杠杆率太高,那么公司倒闭的可能性会极高,然后会产生破产费用

耶鲁公开课 - 金融市场课程节选

A company, according to Modigliani and Miller, has to weigh their tax considerations against their bankruptcy costs and get an optimum debt-equity ratio out of that.

根据MM理论,一家公司,必须在租税考量与破产成本之间进行权衡,然后得出最有利的负债权益比

耶鲁公开课 - 金融市场课程节选

The big three automakers - General Motors, Ford and Chrysler - told Congress that they needed loans or they faced bankruptcy.

VOA: special.2009.01.02

Bankruptcy laws will protect the company from legal action while it continues operations and reorganizes its finances.

VOA: special.2009.05.01

He says the combination of credit card debt and big student loans is burying young people in debt and driving many of them to bankruptcy.

VOA: special.2009.04.10

Chrysler and General Motors sought bankruptcy protection from their creditors.

VOA: special.2010.01.01

But lately bankruptcy became less and less of a surprise.

VOA: special.2009.06.05

Geithner says he wants to help General Motors do whatever works to restructure, even if it means filing for bankruptcy, and emerge stronger from the recession.

VOA: standard.2009.04.05

"We are pleased to see that GM and Chrysler have gotten out of bankruptcy.

VOA: standard.2009.07.14

Last year,its new owners, who took over in a leveraged buyout, filed for bankruptcy in order to stay in business and restructure a debt of more than $2 billion.

VOA: standard.2010.03.08

Mr.Obama says the U.S.auto industry has added 45,000 jobs since General Motors emerged from bankruptcy, and Chrysler has reported a profit for the first time since the economic crisis began.

VOA: standard.2010.04.24

"We must keep in mind how even apparently unsuccessful attacks on Western mass transportation systems can bring major cities to a halt, cost the enemy billions and send his corporations into bankruptcy."

VOA: standard.2010.04.01

It offends our values,". The president says the goal now must be to ensure that these kinds of abuses do not happen again, and that regulations are imposed that prevent the kind of risky deals that drove AIG to the verge of bankruptcy in the first place."

VOA: standard.2009.03.19