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It also provided a small stipend to reduce the temptation to eat or sell the asset immediately, as well as weekly training sessions to teach them how to tend to animals and manage their households.
Removing this asset immediately may initiate a cascade of thermal overloads.
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When something went wrong, an immediate need for liquidity would cause financiers to try to sell assets immediately.
Dubai World might also pre-empt its bondholders and start selling assets immediately.
President Bush has the authority to impose a freeze on external assets immediately on Mr. Mugabe and his inner circle.
On Thursday, Bank of America, the nation's second-largest bank by assets, immediately announced its intention to buy back $5 billion of common stock and pay out $5.5 billion to redeem preferred shares.
Those who own the most senior securities in CDOs and CLOs, ranked AAA or AA, might want to sell the company's assets immediately to ensure they get their money back.
These tactics involved pretending to sell tens of billions of securities to other firms just before the accounting deadline, thereby bolstering the amount of cash the firm appeared to be holding, and then buying the assets immediately after the deadline.
Another option would allow a $1 price but require funds to have a buffer of 1 percent of assets to absorb day-to-day fluctuations in the value of a fund's investments; in addition, it would permit investors with more than $100,000 in a fund to withdraw only 97 percent of their assets immediately.
A new proposal to wind the bank up was supposed to put the subject to rest, but has instead intensified the agony.The Austrian government's proposal to sell off any valuable assets immediately, and to shift the rest to a "bad bank" to unravel over time, is fairly orthodox.
According to the terms of the bailout agreement, the Treasury would be allowed to buy $250 billion in troubled assets immediately.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com