This occurred, he says, "after shares in Enterprise Inns collapsed from 770p in 2007 to 26p in January 2012, a decline in value of 96.6%".
Best Buy wrote off $348 million in the quarter ended June 1 because of a decline in value of its Musicland and Magnolia Hi-Fi businesses, the company said.
At midday the Indonesian currency, the rupiah, was trading at 13,000 to 14,000 to the dollar, a decline in value of nearly half of the 8,000 it traded at just a few weeks ago.
Substantial vacancies inflict an additional decline in values of as much as 30percentt, he said.
We have also shown an age-associated decline in values of both sRAGE and esRAGE in the teens and early twenties of both T1D patients and healthy control subjects.
But in 2006 his investments fell by 2percentt, largely because of a trio of stocks and a decline in the value of one of his real estate properties.
Investor concerns over J. P. Morgan's conflict with the insurers have contributed to a sharp decline in value of its shares since Enron's December bankruptcy filing.
American Airlines said yesterday that it would take a $900 million charge to reflect a decline in the value of some of the rivals it has acquired, including parts of the bankrupt Trans World Airlines.
"They didn't cost 50,000 jobs, people's savings and a decline in market value of trillions of dollars," Mr. Rohatyn said.
And it took an analyst's question to make Bank of America admit that $2.2 billion of its first-quarter 2009 revenue came courtesy of a decline in the value of Merrill Lynch debt.
The William and Flora Hewlett Foundation lost more than $1 billion in 2002, largely because of a decline in the value of its stakes in Hewlett-Packard and Agilent, which it has been gradually selling off to diversify.
