Sentence examples for default settlement from inspiring English sources
However, in the actual counterparty default settlement, it is the norm that trades will be re-assigned, especially on the buy side.
In the actual counterparty default settlement, it is the norm that trades will be re-assigned, especially on the buy side.
Ambac says there is evidence of more than 100 early-default settlements for batches of loans that soured quickly.
It is also unclear whether the banks had a legal obligation to pass the benefits from early-default settlements to the mortgage investors.
Interviews with more than a dozen former workers at several big banks, including Lehman Brothers and Deutsche Bank, suggest that several banks received millions of dollars at a time in such payments, known as early-payment-default settlements.
For consumers on the verge of default, debt settlement companies promise relief.
The Khans and their business, Digital Age Capital Ltd., received a summons from Deutsche Bank Securities in 2005 in connection with what appeared to have been a default in an earlier settlement.
And a synthetic CDO may be nothing more than an assemblage of naked credit default swaps for cash settlement, meaning the reference mortgage bonds need never be physically delivered when the beneficiary gets paid.
Fraud, after all, is illegal.Mr Elliott who declined when Delta asked him to serve as an expert witness notes that American has already "received default judgments or reached settlements with all but two of the defendants".
Lt. Gov. David Dewhurst says hundreds of thousands of dollars were stolen from his political treasury by his campaign manager, a prominent Republican consultant, who one month ago defaulted on a $506,000 settlement with a land developer that he has owed four times that amount to for years.
Improved information technology, as well as the shift of some trading to central exchanges, has allowed buyers and sellers to eliminate redundant contracts for credit-default swaps, the settlements bank said.
