11.   They point to a slew of recent bankruptcies, including that of Yamaichi Securities Co., where the companies had been hiding massive losses for years.

12.   Tiger Woods and three other sports stars are suing Planet Hollywood, accusing the embattled theme restaurant chain of breaching endorsement contracts during its recent bankruptcy proceedings.

13.   He said the levies would notably help offset the compensation costs, retirements and other social costs caused by the recent bankruptcies of some US steel producers.

14.   British energy group BG said on Wednesday that the recent bankruptcy of Enron had allowed it to haggle for a lower price for Enron Oil and Gas India.

15.   The problem, as seen by Hyman, is that a number of major financial institutions are seeing the value of their assets being severely curtailed by recent bankruptcies.