Your English writing platform
Discover LudwigSuggestions(5)
Exact(11)
Some say he has put at risk billions in public funds by accepting devalued assets like mortgages and auto loans as collateral for loans to financial institutions.
The implication was that these businesses were taken into GRG to generate revenue for the bank by charging fees, as well as aiding the purchase of devalued assets by West Register.
Ireland has also had to inject billions of euros into Allied Irish Banks and Bank of Ireland, even as it has set up the National Asset Management Agency to take further billions worth of devalued assets off banks' books.
The Tomlinson report says that putting a business into the GRG generated revenue for the bank through fees, increased profit margins and the purchase of devalued assets by their property division, West Register.
It was the era of so-called stagflation that lasted until 1980 with its sky high inflation and devalued assets.
Rich Greeks, to be sure, have already taken their money out of the country, and will probably benefit from the fallout because they will bring into the country fresh money and purchase devalued assets once the fog dissipates.
Similar(49)
If Time Warner chose to pursue a deal with EMI -- and regulators blocked the deal -- the company would be left with a considerably devalued asset.
The statue was too pricey when he first saw it at an auction house, but after the Asian financial crisis devalued the asset class of regional antiquities, he made a lowball offer that was immediately accepted, which means, he said, he could have had it for even less.
China's industrialisation, he says, "devalues manufacturing assets outside China".Before getting too gloomy at the prospect of China snatching jobs and foreign investment from everybody else, however, consider one of the reasons for its success at exporting bicycles the fact that the Chinese themselves are getting off their bikes and into cars.
Earlier this year, Christopher A. Viehbacher, now president for North American pharmaceuticals at GlaxoSmithKline, wrote to Gov. Deval Patrick of Massachusetts and Speaker Salvatore F. DiMasi of the state's House, suggesting his company might not invest as much in Massachusetts if "political developments" worked to "devalue" its assets there.
Further instability will devalue their assets.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com