Rightly, he describes the FT as "a classic trophy asset" with "cachet".
There is no global champion for historic cities, sites and landscapes, now a classic wasting asset; Unesco is next to useless.
(Giacchetto had used a version of the classic "asset-kiting scheme", in which one asset is borrowed to cover the disappearance of another).
The Article next shows our current difficulties indeed to have stemmed from a classic credit-fueled asset price bubble first in the stock, then in the housing markets over the decade ending in 2006.
Arguably the most beautiful city in North America, Vancouver, British Columbia, is also distinguishing itself as home to a classic real estate asset bubble.
It is a classic case of undervalued assets and of net earnings that fail to do justice to the potential.
A classic example of a risky asset is a student loan.
Software is a classic example of a time asset.
AIG, in approaching the Fed, was attempting to buy time to sell assets and avoid a classic downward spiral.
