If the defaults continue to increase, "the taxpayer is going to be on the hook for losses, " he added.
WSJ: Third of Student-Loan Debt Belongs to Subprime Borrowers
"Everyone complains about the TSA, but nobody really wants to be on the hook for getting it wrong, " he said.
Whatever the final number, it looks like BP is going to be on the hook for most of the tab.
In Diebold's case, like many others, his 401(k) plan appears to be contractually on the hook for any decline in the value of collateral received in exchange for the securities it lent out.
Under the False Claims Act, if Armstrong and others are found to have violated the act, they could be on the hook for triple the amount of the total paid under the contract.
WSJ: Justice Department Poised to Join Armstrong Whistleblower Suit
So, if Romney as he now claims was not CEO of Bain Capital in 2000 and the GST CEO invested in the company stock, Romney could be on the hook to pay damages to that GST investor and all the others who bought GST stock in 2000.
FORBES: How A Prosecutor Would Attack Romney's 1999 'Retroactive Retirement'
However, if evidence surfaces that connects him to the payments directly, then he could be on the hook.
Whether or not Gordon Brown's Treasury had an excessively optimistic view of the budget deficit, he certainly severely underestimated the degree to which Her Majesty's Government would be on the hook if Britain's world-beating financial system got into trouble: The financial sector bailouts account for eight percentage points of the overshoot in our debt.
BBC: Debt and the crisis: How did governments get it so wrong?
There are so many examples of Countrywide outright fraud that it is going to be hard to convince a jury that BAC is not on the hook.
With no fresh injuries reported in Wales' backline to muddy the selection waters, Hook is almost certain to be at 10 when the team is announced on Wednesday.
Look at it from another point of view: an independent Scotland should want to be clear how much it is on the hook if the rest of the UK has another financial crisis, and comes to its northern currency partner for a big bail-out.
Five people close to Bitar are backing his bail commitments and will be on the hook if he does not honor the deal.
Which will hopefully be enough money to satisfy any money he is on the hook for as a result of his involvement with Madoff.
Yamaha PSR3000Yamaha's latest "home keyboard" models (if you were going to diss on them you'd definitely be calling them organs rather than synthesizers) come with the ability to hook up to a DSL modem and download new songs to pick out on said keyboard, karaoke tunes with lyrics to sing along to, or just muzak.
ENGADGET: Please don't buy a Yamaha Internet keyboard if you're inviting us over
It was absolutely just as important to push through Wall Street reform to ensure that the kinds of things that led to the great recession, that led to the near collapse of our financial markets, could not happen again, and that taxpayers would not be on the hook when institutions failed.
But bankers say that, with so many eyes on Pakistan, it is unlikely to be let off the hook for long.
In the meantime America's government could be on the hook for plenty more cash if it allows Chrysler to survive.
Thus, theoretically, an investor who only received interest could be on the hook for that amount and more, in addition to their loss of principal.
If that happened, the Court noted, the IRS would be on the hook for even more money in refunds from tax preparers seeking to recover unnecessary fees.
FORBES: IRS Loses Big In Court (Again), Tax Season Chugs Along
Whoever came up with the idea that trillions of dollars should be handed over to funds managed by political hacks and government employees--with taxpayers on the hook for any deficits--must have been out of their minds.
The victim, 64, who does not want to be named, was manoeuvring a crane when its hook struck the unsecured beam, sending it toppling on to him.
But the Lions are hopeful James Hook and Lee Byrne will be passed fit to face Emerging Springboks on Tuesday.
Some 20% of homes in the U.S. are estimated to be "underwater, " or worth less than the amount of mortgage debt for which their owners are on the hook.
The bank seems to be mostly concerned that, by creating inflation, it might let debtors off the hook and thereby reduce the pressure on firms to restructure and on the government to make structural reforms.
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