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In recent weeks, that collateral has been downgraded, sending institutions across Wall Street reeling, and regulators are scrutinizing how the banks are valuing their positions.
He says he doubts that all bad debt has been properly classified and that real estate collateral has been properly valued.
Once A.I.G. buys the securities back from its trading partners, it will no longer have to provide cash as collateral under the terms of its insurance contracts — and collateral has been eating up more of A.I.G.'s cash than anything else since the broad financial crisis began.
It must be recognized, therefore, that the replacement of good commercial loans by vulnerable loans on stock collateral has been harmful alike to our banking system and to the vast army of stockholders.
The following analysis of the recovery rate for debtors (borrower level) in Sect. 3 only includes the 499 debtors whose workout-processes had been completed.7 The workout-process is considered to be completed when collateral has been processed entirely, or when an amicable agreement has been reached.
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UICI said some reports about the collateral had been misstated, and some collateral did not comply with loan requirements.
Schering and Collateral have been co-developing products that encourage the growth of more blood vessels, relieving heart ailments.
A receipt given to someone who signed for the bond, Elmira Tashkent, indicated that no collateral had been paid.
A default by any particular counterparty would not have created credit exposure for us if adequate collateral had been posted, which was the case.
The Senate Committee on Banking and Currency which made a favorable report on the Enabling Amendment gave information to the Senate in its report that millions of dollars worth of collateral had been pledged by national banks as security for public deposits.
The new RSM Tenon report also appears to suggest that although the bank was seeking further personal collateral from Morris, this did not breach the key rule that any such loan could be made only when all other personal collateral had been exhausted.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com