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His point is banks are holding more capital even though their risks have fallen.
This appeased David Einhorn, who heads Greenlight Capital, even though it fell short of his even bolder original suggestion.
He is happy for the chance to live in the capital, even though it is 2,000 miles from home.
In the late 1990s there was no sign that technology or telecoms start-ups were lacking in capital, even though they were unlikely to pay dividends for years.
The Capetians chose Paris as a capital, even though the secret truth is that Paris was never a very good choice for a capital.
Street demonstrations have sparked violence outside the capital, even though they were banned by the government for the duration of the games, Aug. 1 to 17.
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It does allow Mr Djukanovic to drive up the Adriatic coast to the Croatian port of Dubrovnik, whence he can then fly to western capitals, even though he has been branded a traitor by the official Serbian press.
Venture capitalists, for example, lobby for lower capital gains tax rates, even though, as a growing body of research (including our own) shows, it is taxpayers who often set the stage for venture capital investments by funding the riskiest investments in the "knowledge economy" – in areas such as the internet, biopharmaceuticals and clean technology.
Money literally did "flow" between countries (which is why we still speak in terms of "capital inflows" and "capital outflows" even though the reality of current modern monetary operations is that we electronically credit and debit bank accounts).
But on their share of the profits, which is called "carried interest," they usually pay only long-term capital gains — even though they put up hardly any of the fund's actual capital, most of which comes from outside investors.
Osborne does not want to borrow for capital spending even though he could raise the money at bargain interest rates.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com