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Jean-Claude Juncker, the prime minister of Luxembourg and president of the Eurogroup, a forum of euro zone finance ministers, told the parliamentary committee in Brussels that there should soon be a proposal to resolve the "collateral guarantee difficulty".
Americans running distressed-securities investment boutiques pressed the trustee to sue its half-owner over the collateral guarantee.
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It also can lend against the collateral guaranteed by these governments.
The charge stemmed from losses that the company has said were the result of fraudulent collateral guarantees.
And the Fed did lend into continuing runs at both Bear Stearns and A.I.G., although officials argued then that those companies had adequate collateral to guarantee repayment.
(1) The Office shall review the adequacy of the bonds for those operators who posted reclamation bonds with the State of Tennessee under its permanent regulatory program prior to the effective date of this program,who gave the State collateral to guarantee reclamation, or who was required to take either of these actions.
Worried about the speculative run-up and the increased volatility of the silver market, the officials concluded that it was time to raise the amount of money that buyers and sellers had to put down as collateral to guarantee their trades.
When we're talking unsecured personal loans, on the other hand, there's no physical "collateral" to guarantee your loan.
Second, access to external funding sources is hindered by the lower availability of explicit guarantees (collateral) and implicit guarantees (cash flow expected from the project) for small innovative firms compared to traditional firms.
In exchange for the financing, the members of the Exide Group granted additional collateral and guarantees.
Additional collateral and guarantees were given by Exide and certain subsidiaries to the Prepetition Lenders just outside of the 90-day non-insider preference period.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com