Depfa seized the underlying collateral supporting its $163 million loan.
If the Christmas match in no man's land was an implicit rebuke to the warmongers, an England-Afghanistan match at Wembley is likely to turn into an implicit pat on the back for their successors, using the injuries, deaths and suffering of the soldiers they placed in harm's way as a form of moral collateral, as "support the troops" shades once again into "support our wars".
In this case, that was impossible — there simply wasn't enough collateral to support the lending...
In this case, that was impossible — there simply wasn't enough collateral to support the lending..
The insurer (which could be a bank, an investment bank or a hedge fund) is required to post collateral to support its payment obligation, but in the insane credit environment that preceded the credit crisis, this collateral deposit was generally too small.
As cold war operations go, this was one of the good ones: relatively little collateral damage; support for literature; international fame for the main protagonist, who thought his work deserved it; and, for the Soviet intelligentsia, a perhaps salutary lesson that, thaw or not, the old Stalinist traditions of scapegoating and collective persecution had still to be overcome.
Banks also often have to post more collateral to support derivatives trades when they are downgraded.
Real estate was the collateral that supported their debt-financed capital spending.
In particular, axotomized CST neurons located in the rostral smHL cortex form cervical axonal collaterals, which support recovery of motor functions after thoracic SCI (Fouad et al. 2001; Ghosh et al. 2010).
