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The result was some nasty surprises for investors who had bought "structured" products that were exposed, in complex ways, to those housing loans.
Last week, a three-member arbitration panel ordered the New York firm to pay more than $5 million to four former clients who bought structured products from Neuberger.
Commercial banks have sold off loans and bought structured credit products instead.These three factors have fed more liquidity into the capital markets, and credit spreads have fallen dramatically.
Ghost of Lehman Still Haunts Neuberger | A Finra arbitration panel has ordered Neuberger Berman to pay more than $5 million to four former clients who bought structured products secured by Lehman Brothers debt.
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In the late 1990s, an industry sprung up buying structured settlement annuities from the annuity owners.
Nassau won't use taxpayer money to buy "structures in disrepair that will cost millions to fix or tear down," Mr. Maher said.
As you gain resources or gain more capacity, buy structures and hatch more P3s to maximize your XP.
Before they were appointed to the control board, Gonzalez and Garcia moved between top positions in Puerto Rico's Government Development Bank (GDB), which issues the island's government bonds, and Banco Santander, the Spanish-owned mega-bank that was buying and structuring the vast majority of those same obligations.
Recently, a private developer bought the structure.
In 1966 the nearby St. Ann's Episcopal Church bought the structure for $365,000, for use by its school.
In 1995, the photographer Eddie Adams bought the structure and converted it into a fashion and corporate photography studio.
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