What's more, I demanded daily collateral settlement — if positions moved in our favor, I wanted cash posted to our account the next day.
Those loans are backed by collateral, and in settlement agreements the bank has typically paid pennies on the dollar of actual losses.
In their last legal challenge of the city's funding practices, they obtained a settlement that required the city to pledge assets as collateral for the promised settlement payments.
I'd risk analyse all the trades, which was a truly privileged position as I could see everything that went into a decision to trade or not, as well as get to see the process from trade through settlement to collateral management.
Mr. Lawsky's office added that the S.E.C. had anticipated that Mr. Falcone's settlement "may have collateral consequences under federal or state law and the rules and regulations of self-regulatory organization, licensing boards, and other regulatory organizations".
Generally, there are three essential processes through which borrowers are put into default: continuing their business activities in line with a restructuring, an amicable settlement (redemption), and the liquidation of the loan and the provided collateral.
Altogether, $80,000 was loaned to the Icelandic settlers, for which the 160 acre of settlement lands per settler was used as collateral.
And have blacks in such instances of settlements gone from a past of being "money --as actual collateral--to being "collateral" damoney --as
The rationale for the settlement policy is rooted in a doctrine called "collateral estoppel," by which a party can use the outcome in one case against the losing side in a second proceeding.
As a former top partner of the firm says, Mr. Blankfein's resignation could be the "collateral for a trade" that authorities eventually seek as a settlement — or, in extremis, to head off an indictment.
