Your English writing platform
Discover LudwigExact(2)
The much-criticised CDO, which pools and tranches income from various securities, is really just a capital structure in miniature.
This was reflected in a preliminary 2006 and more detailed 2009 Memorandum of Cooperation between Avahan and the National AIDS Control Organization (NACO) that clearly stated the time frame and tranches for transition [ 23, 24].
Similar(57)
"By pooling and tranching, you are not amplifying systemic risks in the underlying assets".
Then mortgage pools are sliced, diced and tranched into complex derivative instruments that no one understands — and that are owned by banks and funds all over the world.
Investors could still be found to buy the supposedly less-risky senior and mezzanine tranches, but the bottom tranche containing the riskiest loans, known as the equity tranche, was becoming unmarketable.
In fact they got volatile and esoteric CMOs and CDO tranches.
In the video, his back is covered in the red and welted tranches of baton swipes, and two lumped bruises protrude on his forearm.
Many CDOs are backed by subprime loans and other toxic waste, and are divided for investors into senior and junior tranches.
A share scheme for postal workers is being devised and further tranches could be sold later (as at Eni and Enel, the electricity company, in the 1990s), but the government will keep a controlling stake.Francesco Giavazzi, an economics professor at Bocconi University in Milan, dismisses the programme as focused too much on filling the state's coffers and not enough on improving competitiveness.
All the above created a city mainly covered with apartments, streets, and concrete tranches not allowing water to penetrate into the soil and recharge the aquifer.
The bad assets would be broken into two types – those that need to be managed, such as defaulted loans in which the bank would own the underlying asset, and those that could be held, such as the AAA -and subordinated tranches of asset-backed securities.
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