It's because they're bankrupt and that's what happens to bad banks.
One of the proudest names in English soccer will, essentially, be bankrupt.
Unfortunately, using stock price as a proxy for company performance is a bankrupt idea.
If he feels that the community is bankrupt, then he needs to go somewhere where he'd like it.
On The Real Housewives of New Jersey, Giudice has gone from financially solvent and popular to bankrupt and under attack.
The bankrupt gathered courage as he felt the indulgences shown to him, and he got into the coach with his uncle and Ragon.
You may be punctual in that to half a second on the clock, and yet be bankrupt.
Therefore, even a bona fide purchaser from a bankrupt will get nothing.
"I'm not bankrupt, either," said old Uthoug, fixing his red eyes on her face.
A bankrupt is not a person who breaks the bank, as is popularly supposed.
1560s, from Italian banca rotta, literally "a broken bench," from banca "moneylender's shop," literally "bench" (see bank (n.1)) + rotta "broken, defeated, interrupted" from (and remodeled on) Latin rupta, fem. past participle of rumpere "to break" (see rupture (n.)). "[S]o called from the habit of breaking the bench of bankrupts" [Klein]. Earlier in English as a noun, "bankrupt person" (1530s).
1550s, from bankrupt (adj.). Related: Bankrupted; bankrupting.