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Ambac got involved because the transaction required an insurer to enter into two credit-default swaps guaranteeing that the lease payments would be made to John Hancock over the life of the deal.
If A and B enter into a cooperative agreement where A gives B $100 for a book that is worth a lot to A (because it completes a collection) but is worth little to B, we do not say that B has been harmed by the transaction just because B has lost her book any more than we say that A has been harmed because the transaction required A to pay $100.
Similar(58)
The transaction requires F.C.C. approval.
The transaction requires multiple financial contortions.
The transaction requires shareholder and regulatory approvals.
The transaction requires Canadian and Chinese government approval.
The transaction requires approvals from regulatory agencies and shareholders.
Completing or refunding the transaction requires two of the three parties to sign the transaction.
The transaction requires government approval.
Early users on Reddit claim $0.049 for forty two transactions, including the initial Bitcoin transaction required to open the channel.
The latest transaction requires approval from regulatory agencies and shareholders.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com