Original sentence: Nelson Hunt declared bankruptcy and was convicted in 1988 for trying to corner the market in silver through International Metals Investment Company Limited.The Hunts lost hundreds of millions of dollars through this incident but the family fortunes survived
Edited sentence: However the value of their assets (mainly holdings in oil, sugar and real estate) decline steadily during the 1980s, and their estimated net wealth declined from $5billion in 1980 to less than $1billion in 1988.In 1988 the brothers were found guilty on federal charges of conspiracy to corner the market in silver.The Hunts lost over a billion dollars through this incident but the family fortunes survived.They pledged most of their assets, including their stake in Placid Oil, as collateral for the rescue loan package they obtained.They were ordered to pay $134million in compensation to a Peruvian mineral company that had lost money as a result of their actions.This forced the brothers to declare bankruptcy, in one of the biggest such filings in Texas history