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"I cannot share the breathtaking amount with you, but it was much more than the entire equity of our company".
The Wilshire 5000 index, which reflects nearly the entire equity market, fell 137.07 points, or 1.02percentto to 13,280.60.
Nearly the entire equity sales and trading desk was gone, as were people from practically every department.
For instance, you've offered to give up your entire equity stake in Chrysler to creditors in an effort to lower its debt and get better worker terms.
As in toppling into bankruptcy, wiping out the entire equity investment of your shareholders, and losing eighty-five per cent of the principal value of your twenty-seven binlion defaultedn defaulted bonds?
"I cannot share the breathtaking amount with you, but it was much more than the entire equity of our company," Mr. Sargent said in an e-mail to authors, illustrators and agents.
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While data on the tax status of all stockholders is hard to come by, many economists agree than an increasing proportion of the entire equities market is now held by retirement investors whose holdings are not subject to current tax law; by foreign investors who don't pay American taxes, or by institutional investors like insurance companies and pension funds that are exempt from taxes.
When he took over the investment bank in 1997, he sold off the entire equities business merger advice, stock underwriting, research to focus on debt.
With that, THL had recouped its entire $327 million equity investment in Simmons and booked a profit of around $48 million.
"The entire predatory equity enterprise is a house of cards built on a foundation of fantasy and greed," Mr. Schumer said on Monday.
Of course, the entire private equity business model is premised on the fund's managers creating value through active management of portfolio companies, which then presumably leads to an increase in the portfolio company's value.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com