Exact(4)
True, he wasn't much of an asset back in 2008, when some cack-handed remarks he made about Barack Obama only strengthened her opponent's hand.
In this case, Enron shifted assets to LJM for a cash payment it recognized as revenue, only to shift the asset back later by repurchasing it from LJM at a profit to the partnership.
The law states that an investor may make a "deemed sale" at the value of the asset yesterday, the first business day after the five-year period took effect, and then buy the asset back at the same price.
In fact, the only difference between eBarter and our present economy is that the former would not allow subprime mortgages, securitized asset back collateralized debt obligations, and credit default swaps.
Similar(53)
Just as mortgages were being securitized into mortgage backed securities, student loans are being securitized into student loan asset backed securities (SLABS).
California Golden State Tobacco Securitization Corporation, $380.8 million of enhanced tobacco settlement asset backed bonds.
The United States super senior asset backed-security C.D.O.'s that Merrill sold were once valued at $30.6 billion.
It was concerned over low asset backing - views dismissed by brokers Brewin Dolphin, designers of many zeros.
Since 2000, McKee has been involved in almost 3,300 deals totaling $2.7 trillion, according to Asset Backed Alert, an industry newsletter.
We maintain that ITV has a rare mix of operating leverage, asset backing and significant financial headroom, with a world-class management team.
Those investors are subject to a squaring of risk; owning the riskiest slice of an asset backed by the riskiest kind of mortgages.Arguably, the dangers are cubed.
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