tag:blogger.com,1999:blog-8449425153344885020.post5603412503345348648..comments2023-08-11T18:01:00.801-07:00Comments on Housing Bubble Hall of Shame®: California Insolvency!Tyronehttp://www.blogger.com/profile/04226876002855072090noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8449425153344885020.post-9035246310846380782009-07-01T14:49:52.225-07:002009-07-01T14:49:52.225-07:00Gallows humor Tyrone.Gallows humor Tyrone.Rob Dawghttps://www.blogger.com/profile/10042154106850545479noreply@blogger.comtag:blogger.com,1999:blog-8449425153344885020.post-88569062547544183522009-06-29T20:27:10.808-07:002009-06-29T20:27:10.808-07:00Avoiding the legal context of banruptcy, I think i...Avoiding the legal context of banruptcy, I think it works either way. Cheers!<br /><br /><b>in·sol·vent</b><br />ADJECTIVE: <br />1. a. <b>Unable to meet debts or discharge liabilities</b>; bankrupt. <br />1. b. <b>Insufficient to meet all debts</b>, as an estate or fund. <br />2. Of or relating to bankrupt persons or entities. <br /><br />NOUN: <br />A bankrupt. <br /><br /><b>bank·rupt</b> <br />NOUN: <br />1. Law A debtor that, upon voluntary petition or one invoked by the debtor's creditors, is judged legally insolvent. The debtor's remaining property is then administered for the creditors or is distributed among them. <br />2. A person who is totally lacking in a specified resource or quality: an intellectual bankrupt. <br /><br />ADJECTIVE: <br />1. Having been legally declared financially insolvent. <br />2. <b>Financially ruined</b>; impoverished.Tyronehttps://www.blogger.com/profile/04226876002855072090noreply@blogger.comtag:blogger.com,1999:blog-8449425153344885020.post-31922168988782591042009-06-29T19:13:30.921-07:002009-06-29T19:13:30.921-07:00C'mon, man, lemme take some liberty with the t...C'mon, man, lemme take some liberty with the terminology. :)Tyronehttps://www.blogger.com/profile/04226876002855072090noreply@blogger.comtag:blogger.com,1999:blog-8449425153344885020.post-58691024089021890532009-06-29T16:22:59.084-07:002009-06-29T16:22:59.084-07:00States cannot bankrupt. California declares insol...States cannot bankrupt. California declares insolvency witihin a month. a different animal altogether.Rob Dawghttps://www.blogger.com/profile/10042154106850545479noreply@blogger.com