(S (S (S (NP (QP (ADVP (RBR More) (IN than)) (BASENP (NN two) (NN dozen))) (BASENP (JJ sub-prime) (NNS lenders))) (VP (VBP have) (VP (VP (VBN closed) (CC or) (VBN sold)) (BASENP (NNS operations))))) (SBAR (IN as) (S (NP (BASENP (NNS defaults)) (PP (IN on) (BASENP (DT those) (NNS mortgages)))) (VP (VBP have) (VP (VBN risen)))))) (PERIOD .))