Annaly and its brethren are helped by rock-bottom lending rates.
"Countrywide went from close to the bottom in lending to minorities to near the top," Gnaizda said.
Though, for good measure, there's also Silicone Polycarbonate on the top and bottom to lend some durability to the product.
Bond funds have had inflows of $191 billion.The rush to bonds reflects both expectations of lower inflation and a longer period of rock-bottom central-bank lending rates.
"Hitting rock bottom, at times, lends itself to fully examining everything that you do," said Bill Geivett, the Rockies' senior vice president for major league operations.
At the bottom, microfinance institutions lend only small amounts at high rates to micro-enterprises.
The company is a bit of a bottom feeder in mortgage lending, as it targets sub-prime borrowers with poor credit who have difficulty finding loans elsewhere.
With savings on payroll and legal bills dropping straight to the bottom line — and business lending and investment banking picking up — the Charlotte, N.C., bank earned $6.6 billion in the first half of 2013.
BOTTOM LINE The kitchen lends a nice air of authenticity, but is standing against "old ways" and "political machine" too generic?
But industry executives complain that the only way to increase their reserves is to sell assets at rock-bottom prices and curtail lending, amplifying an economic slowdown already under way in the euro zone.
