The Irish Times reports that Council for the regulator said that the company had "significantly breached" its solvency ratios in recent months.
Which a report of Ernst & Young illustrated with a solvency of -47.5% and low credit ratings for its parent company Finmeccanica.
GMT900 had been called a "Hail Mary pass" for the General Motors Corporation — the company needed the revenue from these large trucks to ensure their financial solvency.
In 2011 the US Department of Education determined Northcentral was one of 75 US institutions failing its 2009-2010 financial responsibility test (a measure of the institution's financial solvency), and would be required to post a letter of credit in order for students to receive federal financial aid.