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These asset bubbles have been most dramatic in the US and UK.
These asset owners do not need to lobby governments over such issues.
These asset bubbles were inflated by lax lending standards and an excessive willingness to borrow, which seemed similar to the Greek government's willingness to take on debt to pay lavish pensions.
These "asset deployment teams" had master plans for using government offices to prop up vulnerable G.O.P. candidates, distribute taxpayer money as party tribute, and propagandize for the administration in key battle states and media markets.
These asset intensive organizations are looking for every opportunity to improve their profitability in order to compete.
These asset accounts are already outstanding loans that serve as generators of interest income (Bangko Sentral ng Pilipinas Financial Reporting Package for Banks, 2013; Yoon and Smith 2002).
Similar(7)
It is waging a fight against mortgage originators, arguing that these asset-backed securities did not so much contain "assets" as that term is commonly understood.
These asset-management companies lift the weight of bad loans off the books of banks, at a big discount to their value when they were extended, freeing banks to provide credit for new ventures.
Investors here are nervous about further financial landmines, not necessarily at major institutions like Deutsche Bank, but at smaller banks, which analysts said were attracted to the rich returns of these asset-backed securities and might not have properly understood the risks buried in them.
Bass says the rating agencies are way behind the curve in downgrading these asset-backed securities.
The thinking is apparently that Didi's IPO, which is said to be in the planning stages, would run smoother without these asset-heavy businesses involved.
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