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Some of the money it did raise went into buying depressed assets, on the assumption they would recover quickly.
Mr. Zell, 67, made billions in real estate by buying depressed assets where others saw more risk than value, and knowing when to sell them.
Mr. Slim has a history of buying depressed assets he can later sell at a profit, and several analysts familiar with his investments say they see the purchase of the Times Company stock in that vein.
What if you bet wrong and the depressed assets you stick in a GRAT head further south?
This means you could potentially have several large ABCP programs selling their depressed assets simultaneously, putting even more downward-pricing pressure on a stressed asset-backed securities market.
And, if I could afford it, I would look to buy some of the most depressed assets, which will be vacant properties and undeveloped land because those are hit the hardest, and they're written down to 20 cents on the dollar today.
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Thus, while assets performed much better in 2003 than in 2002, giving in 2003 still reflected the depressed asset values of 2001 and 2002.
Here are several other actions to consider, given depressed asset values: CHARITY Investors often donate appreciated stock to charity so they can circumvent capital gains taxes.
The long recession and depressed asset prices have left many elderly Japanese with fewer resources to fund their retirement.Presumably, Japan could benefit a great deal from reverse mortgages.
Of course, if pessimism over 2012 turns out to be well founded, or if things turn out even worse than expected, then even depressed asset prices will fall further.
Chinese companies spent $120 million in the first half of this year to acquire various small and midsize Japanese enterprises, taking advantage of depressed asset prices, according to a recent report from Goldman Sachs.
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