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Moody's said many lenders were underwriting loans based on optimistic projections of future rent growth, even when the leases were relatively new.
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Even the governor's sobering projections, Mr. Angelides said, were based on optimistic assumptions, like savings from large-scale energy conservation, that could fail to materialize.
These values are based on optimistic assumptions.
The LP agent base class is based on optimistic synchronization and uses rollback to synchronize its event execution sequence.
"They were based on extremely optimistic projections that turned out not to be correct.
But for several months, bond ratings analysts and others have warned that competition among commercial lenders has become so feverish that many are willing to finance 90percentt or more of the cost of the transaction based on overly optimistic projections that rents will continue to rise at a furious pace.
Paradoxically, future price-to-earnings ratios may be low, based on overly optimistic projections for the next 12-month earnings.
After years of conservative budgeting, the proposed 2009 budget is based on an optimistic projection that oil will be selling at $50 a barrel, and that Iraq will be exporting two million barrels a day, about 100,000 barrels more than Iraq exported per day in January.
Today, however, some real estate specialists regard the 666 Fifth Avenue transaction as a textbook example of the risky practices that were prevalent before the current credit squeeze, when many loans were based not on the actual cash flow of the building from existing rents but rather on optimistic projections of what the space might command once those leases expired.
But G.E.'s stock rose as investors focused on optimistic projections for several divisions.
LOS ANGELES — The California Legislature passed a budget in June relying on optimistic projections of how much money the state could bring in with a growing economy.
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