Tax shelters generate losses that are used to offset ordinary income.

But this season, it generated some painful personnel losses.

The road companies also generated large financial losses.

But despite initial heavy marketing, the channel generated significant losses in its first several years.

The problem came with the bursting of the housing bubble in 2007, which generated losses for investors and banks.

This was a company generating losses not only in its books, but also for its investors.

Analysts say it now seems that several of the firm's recent deals will generate losses or poor returns.

"Management wasn't responsible for their actions - they generated losses" and began programs that were not realistic, he said.

Unsuccessful forays into real estate and steel were generating big losses.

"So they are trying to generate huge losses on our side to get us to change our mind."