Maybe so, but it means that Associates will for many years be carrying a very dubious asset on its balance sheet: an asset acquired at a high price during a huge boom in consumer lending when losses are low and the lending spreads high for quality risks like Associates.
And now, in the spirit of balance, a few dubious honorees.
Dubious fees that inflate mortgage balances.
The problems posed by motor insurance in Italy, where Generali generates one-third of all its non-life business, have worsened along with the economy: fraud and dubious claims have risen as families try to balance budgets.
Only India's Supreme Court is resisting such dubious deal-making.In this section Asia's shifting balance Hunting corporate criminals The price of paying ransoms Old world, new economy South Africa's role in the world What?
While the counseling sessions persuaded some like Ms. McKinney to back out, counselors said that other borrowers went ahead with dubious loans, because they felt trapped by credit card balances, medical bills and other debt.
But some big cases, notably a 1999 matter involving Bear Stearns and responsibility for dubious activities at A. R. Baron, a penny stock outfit, have shifted the balance.
It means not worrying so much about balancing up our stories with equal quotes from the dubious camps that frame our stories and putting the spotlight instead on basic truths.
Its balance sheet doesn't show big build-ups of assets of potentially dubious value.
Its balance sheet has lost much of its unhealthy pallor.Still, Daiei's future remains dubious.
Until regulators came along in 1996, Bear Stearns was happy to provide its balance sheet and imprimatur to bucket-shop brokerages like Stratton Oakmont and A.R. Baron, clearing dubious stock trades.
