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So, an immigration law that easily drives the irregular migrants deeper underground forcing them to accept any condition in order to get an employment contract when their residence permit is close to its expiry, creates risky pockets of despair.
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Selling Bad Debt Other Wall Street firms also created risky mortgage-related securities that they bet against.
Banks and investors, eagerly seeking higher interest rates in this easy-money environment, created risky new securities like collateralized debt obligations.
The banks that created risky amalgams of mortgages and loans during the boom — the kind that went so wrong during the bust — are busily reviving the same types of investments that many thought were gone for good.
One enduring aspect of being a teenager, they said, even one with otherwise solid judgment and a bright future, is the tendency to court danger by creating risky pranks, inventing stunts and generally searching for mischief.
(I quoted the relevant passages in the post linked to above).Similarly, a working paper by Arvind Krishnamurthy and Annette Vissing-Jorgensen shows, through careful empirical study, that financial firms will create risky "safe" debt when the government does not create genuinely safe debt.
Looking beyond the immediate crisis, Mr. Lutz says he thinks the way to compete in a market where every niche has been filled and demand is expected to drop next year is to create risky "love them or hate them" designs.
Those bastards keep creating risky startups and getting all the glory.
That's why I joined former Treasury Secretary Hank Paulson and investment fund manager Tom Steyer to create "Risky Business," which is working to quantify the real costs associated with our changing climate.
The bank also said that it had been rewarding its financial wizards for creating riskier and riskier collateralized debt obligations.
However, Obama's public eagerness for negotiations creates the risky perception of a rush for the exit door.
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CEO of Professional Science Editing for Scientists @ prosciediting.com