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It has no place for debt, asset prices or even banks.
The authors also have a healthy reverence for the work of Charles Kindleberger, who did much to explain the cycles of debt, asset bubbles and recessions.
The choices are plain-vanilla equity, debt, asset sales, and a new equity-linked derivative known as FELINE PRIDES, offered by Merrill Lynch.
Excluding restructuring costs at its electronics unit, early retirement of debt, asset costs and an accounting change, Tyco said, profit would have been $1.68 billion, or 86 cents a share, more than the 84 cents expected by analysts surveyed by Thomson Financial/First Call.
For the participation model we used the mean of each of the ranges asked to create a debt asset ratio variable.
Our affiliated advisors make private equity, public equity, leveraged debt asset, venture capital, and absolute return investments across multiple sectors, industries, and asset classes.
Similar(53)
"In our view, now is the time to look to buy debt assets and securities".
A C.D.O. is a combination of different debt assets that are then sliced into a number of pieces with varying risk and sold.
Many large buyers of debt assets have simply disappeared, such as "structured investment vehicles", or SIVs, that used short-term financing to buy up asset backed securities, often from banks seeking to free up capital.
In fact, EM debt assets outperformed U.S. high-yield assets during the August 2007 subprime crisis.
We also calculated returns for traditional equity and debt assets in the USA to compare with other timber-land investments.
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