Exact(5)
Two weeks after he was sentenced to Allenwood, Randell gave what investigators call "bad collateral" to Maryland National Industrial Credit Corp. in order to get a loan for NCCC.
"It would be a different story if Goldman conspired with Paulson to put bad collateral into the structure in order to take advantage of an unsophisticated investor, but I myself have seen no evidence of it yet," Duffie said in an interview after the discussion.
That's pretty technical, but it boils down to this: A debt-ceiling crisis could throw sand — a whole lot of sand — into the gears of the financial system, making it impossible for market participants to tell "good" collateral from "bad" collateral.
And why were the banks able to give them easy credit on bad collateral?
"Obviously, a positivity is emerging.... Why should we pick up the bad collateral damage for a stupid decision taken in London?" In Northern Ireland, 56percentt of voters wished to remain in the EU in last month's Brexit referendum — but the country will be dragged out along with the rest of the UK anyway.
Similar(55)
By Richard Brody December 16, 2016 Will Smith stars as a grief-stricken advertising executive in the fascinatingly bad fantasy "Collateral Beauty".
Greek departure from the eurozone is now pretty much priced in by the markets, with the focus of attention on how bad the collateral damage will be.
In their fascinatingly bad fantasy "Collateral Beauty," which opens today, the evil they depict is one that's of the moment, and that weaves itself into the very fabric of the story they tell: gaslighting.
A year later, the government began auctioning off their roughly $22 billion in bad loans and collateral.
It's too soon to tell, but this year's crop of Almost Christmas, Office Christmas Party, Bad Santa 2, Collateral Beauty, and Why Him? seems destined to suffer the same fate of consignment to the trash heap of cinematic history.
It's too soon to tell, but this year's crop of Almost Christmas, Office Christmas Party, Bad Santa 2, Collateral Beauty, and Why Him? seems destined to suffer the same fate of consignment to the trash heap of cinematic history.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com